Your Political party – Your Properties value. Any relationship?
April 23rd, 2010
New research from Zoopla seems to reveal the Conservative and Labour party each have about £1.9 trillion worth of residential property in contituencies they control. The Liberal Democrats have about £0.5 trillion. You might expect the conservatives to have higher property values anyway but Labour has 11.7M homes, 4.5M more than the Conservatives at 7.2M!
Labour have the lowest gains in property values since 1997. The Liberal Democrats have seen the highest gains in areas they control of 190% which is about 10% more than either of the other parties!
Interestingly according to Zoopla again the value of the residential parts (3,800 sq ft) of Gordons London home – 10 Downing Street – estimated now at £4.5M has dropped 0ver £450,000 since Brown slipped in from Number 11.
It will be interesting to see to what extent people will take these facts into account when we all wake up from this nightmare that is the Election campaign on the 7th May!
Labels: General Election, house price statistics
