Why you should welcome Traffic Wardens |
Ing Direct and Future Foundation have announced results of research into factors pointing to growth potential in property values. The bank interviewed 200 estate agents in order to compile the list of factors. The three main factors were:
- Improving school results (79%)
- Skips and scaffolding (70%)
- Planning application notices (57%)
- more traffic wardens
- busier public transport
- more burglar alarms
- neighbourhood watch schemes
- graffiti removal
- ethnic food in local shops
- a growing telephone directory
ING estimates that if an area is displaying at least six of the factors, it should outperform the national average by over 13% for the next ten years.
ING Direct’s chief executive Lindsay Sinclair said “Traffic wardens and more crowded public transport are not things you would normally welcome, but it appears that such annoyances do come with a silver lining.”