How we compare with Brighton & Hove.
Despite all the warm words from Conservatives locally about how Medway is in a good position there are some serious concerns that home-owners in Medway - and certainly those who own their own detached properties - are suffering huge losses in value on their homes.
The Conservatives have mismanaged the economic recovery in both Medway and beyond; but the stark contrast with other Unitary Authorities in the South East is marked.
Our residents are worse off under the Conservatives. House-prices in most home-owner segments are markdely down.
Interestingly though, the only segment which is seeing an increase in house-prices is the exact one which is pricing young people off the housing market.
Regionally it is also clear that compared to other areas in the region Medway residents are suffering significant loss of value when compared with other regions in the South East. Meanwhile, home ownership continues to be a long way off for young couples and people on the first rung of the housing ladder.
A full regional report (including Authority breakdown) on House prices can be found here. You can make your own comparison also here.
The reckless Tories locally have not only called the recovery wrong, overseen eye-watering levels of inflation (so devaluing money in your bank) but your property is now worth less then it was previous. They are failing to represent your financial interests.
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