The village revival
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An extract from the report by Strutt & Parker.
The world might be focused on urbanisation, but a new, overlooked trend is set to shape the UK’s housing market
A cursory glance at existing research would suggest cities have the upper hand over villages. By 2050, the UN predicts that 66% of the world’s population will be urban, with the UK inevitably being part of the trent. By mid-century, there will be approximately 65 million people living in Britain’s cities, compared to just eight million in rural areas.
Urbanisation has generally been viewed as a positive economic and social driver that leads to longer life expectancies, a reduction in poverty, increased literacy and higher education levels, as well as enhanced cultural opportunities.
But as the urban trend has gathered pace, a number of negative traits have begun to appear. When urbanisation is too rapid, or when it is undertaken without proper planning, cities can become more unequal than rural areas, resulting in a rise in su...
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