Birmingham is tipped to be the strongest regional property market over the next five years, says JLL, as the wider UK market “shows its resilience” despite a tricky-looking 2021. But the firm’s latest set of forecasts outline some wider shifts in how we view our homes.
Middle Eastern nations have the highest threshold for high-rollers wanting to break into the top 1% of earners, followed by the USA. Qatar and the UAE are also home to the biggest “reality gaps” between the top 1% and the average citizen.
The branded residences sector is “more diversified than ever before”, declares Savills, as new players from the fashion, culinary, celebrity and design world muscle-in on an area traditionally dominated by international hotel brands.
Time Out’s annual rundown has taken a different tone this year, wisely championing the places that balance ‘great local culture, food and fun with support and kindness for their communities during the turmoil of 2020’