Cambridge is pre-eminent in the attractions it has as an English university city. Its historic buildings have been party to ideas and culture for centuries, yet remain bastions of progress and development. These long established strengths, in beautiful surroundings, are now supported by a blue chip network of business parks that help make the city a world leader in research and development and high technology. Consequently Cambridge and its surrounding villages have an extremely strong residential housing market due simply to the fact that the demand for quality accommodation far exceeds supply. Not only does the university's rich history attract four million visitors - generating £260 million - annually, but also its permanence and wealth underpins the local economy, providing a high degree of stability and security. Cambridge is a premier location attracting some of the world's leading lights in science, technology and academia both before and after they start earning, and for this reason will always create a demand for high quality, short term accommodation. With over 1400 recent investors, particularly in the expanding hi-tech and computer industries, the city lives up to the local nickname 'Silicon Fen'. The city boasts the UK's leading Science Park, with a second expanding fast, and with the new Microsoft research centre, pharmaceutical and biotechnological research linked to private clinics and the two major hospitals, Cambridge is firmly set for continued inward investment |
