From the Herald http://www.theherald.co.uk/
It must be at least 20 years since the tawse reddened the palms of Scottish schoolchildren. Lochgelly, the town in which this nasty instrument of pedagogic torture was manufactured, has yet to recover. Nobody wants to live there.
That, at least, is one conclusion to draw from last week’s Halifax survey of local house prices.
Flip that information sunny side up for a moment, and things look happier for the aspiring property owners of mid-Fife. You can buy three bedrooms plus garage and garden for a song in Lochgelly – unlike posh Gerrards Cross in Buckinghamshire, where only merchant bankers have a realistic chance. Homes down there cost 19 times the average income.
There is an advantage to residing in Scotland’s most affordable towns – Greenock and Kelty are up – or down – there with Lochgelly. If robbers set your house on fire while you are having a heart attack, have no fear. The emergency services – all three of them – don’t have far to travel. This week’s report revealed that 10% of Scottish towns are now unaffordable for key workers such as policemen, ambulance drivers, nurses and teachers. Edinburgh and Stirling are definitely out of bounds.