Should the government decentralise public services to help local property markets?

Discussion in 'General Property Investment Discussion' started by nmb, Feb 2, 2016.

  1. nmb

    nmb Well-Known Member

    Even though Newcastle upon Tyne has on the largest social security offices in the UK there is no doubt that the vast majority of public services are located in the South of England. Should the UK government look to decentralise public services and move some government operations to more depressed areas of the UK? This would help with unemployment, although this would be a double edged sword, and must be a positive move for local property markets?
     
  2. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    Hi @nmb how do you envisage this helping local property markets?
     
  3. nmb

    nmb Well-Known Member

    I think moving the offices of some public services to other parts of the country would:-

    Improve local employment figures
    Have a positive knock on effect to local businesses
    Encourage further investment in the region
    Encourage further infrastructure investment
    Highlight the lower rental costs, running costs, etc for businesses looking away from the south of England

    Surely the cumulative impact of these bullet points (and there are others I could add) would improve demand for local property?
     
Loading...

Share This Page