So we managed number 6 in the Telegraph's top 50 richest towns in Britain! Pretty amazing for a once sleepy fishing/boat building town in Devon. What is quite incredible is the average income for Salcombe residents can't be much over £12k a year! The boom in second home owners has bought wealth to the town but at the expense of local industries and people...I suppose the question is would Salcombe have survived without this injection of wealth??
Who knows....
Saturday, 19 April 2008
Salcombe, Britains 6th Richest Town!
Posted by OOdevon at Saturday, April 19, 2008
Labels: property prices, second home owners
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