Terry Ryder, in a piece for The Property Observer, writes that he focusses on infrastructure development as a key component of the potential creation of a ‘property hotspot’. Generally we do not like to use the term, ‘hotspot’ as it is often interpreted as being a sure thing. But for the purpose of this exercise, we’ll let it go through.
We think you’ll get the picture from what Terry has to say, but in a nutshell, spending on infrastructure can certainly pump prime a property market. Not surprisingly, new schools, hospitals and universities, for example, all suggest a growing population.
Enough from us, read Terry’s full article here.