The data you need to see aren’t always where you want them to be
The data you need to see aren’t always where you want them to be. There’s a value to inviting an outside party with an enquiring mind to look at your condition.
Here’s an example.
Cardiff’s housing market is sinking without trace – maybe.
In The Guardian’s Audio Long Read podcast of 29th August (The century of climate migration: why we need to plan for the great upheaval), Gaia Vince presents many arguments in favour of the title of the article. It all makes perfect sense, to me.
During this period of change, it’s high on the list of important things to understand that migration of populations and climate change are inextricably linked. One of the ironies is that we (the UK) are working hard, as an independent nation, to smooth and ease the flow of goods and services in and out of the country while making it ever harder for people to travel in and out without friction. It’s people who make stuff we want to export and yet we currently appear not to want people?
I strongly recommend you have a listen, or read it here. It’s full of insight and data you should know. One particular nugget is that “the Welsh capital, Cardiff, is projected to be two-thirds underwater by 2050.”
Pause while this sinks in.
If this is accurate, it means if you’re buying a house in Cardiff now, by the time you reach the end of your 25-year mortgage, assuming you don’t live on a hill, your investment may not be looking that great.
Estate agencies in Cardiff may or may not have cottoned on to this yet. But it proves the point that, from a personal and due diligence perspective, trends and threads of thinking like this are massively important when planning how to act in the short term to protect and thrive in the long term.
Future thinking. Future-proofing. It’s what we do.
Disclaimer: room44 looks for data points that need examination. This one hasn’t been examined by us so make your own decision based on your own research – at least it’s on your radar now.