‘Put Porthmadog on Monopoly Board,’ say Times newspaper, real estate agents
The town of Porthmadog in northwest Wales is set to be included in a new pandemic-era monopoly chart, according to the Time Savills newspapers and estate agents.
The newspaper and estate agents have teamed up to ask what Monopoly would look like if the game were based on the current property market where many have fled London for the rural areas of the British Isles.
They said “Whitechapel Road was swapped for the port town of Porthmadog in North Wales (£ 196,280), where players are said to make their fortunes in hotel rents – it’s the tourist gateway to Snowdonia, Llyn Peninsula and Portmeirion. “
Monmouth is also suggested as another square on the board. “One of the hallmarks of the market this year is the discovery of the Welsh countryside,” Lucian Cook, residential research director for Savills, told the newspaper.
The real estate market has surged in West Wales due to the pandemic, as buyers flee urban areas in search of more rural areas where they can work from home.
Wales has been one of the top property hot spots for those moving to rural areas, with 12 Wales local authorities accounting for the 20 biggest house price increases in Wales and in England since the start of the pandemic, according to the Hamptons real estate agency.
the Time explained their rationale for the overhaul of the Monopoly board, saying that while sales of the game have skyrocketed during the lockdown, “the locations on the original UK version of the board game look woefully outdated.”
“The more prestigious addresses, Mayfair and Park Lane, no longer seem so desirable – they are full of mostly empty apartments owned by overseas buyers, and those markets have stagnated during the pandemic as overseas squillionaires have stopped moving. travel, ”they said.
“The results reflect the flight of the pandemic era from cities to the coast and the country. So the new Mayfair is St Mawes, an exclusive fishing village on the Roseland Peninsula in Cornwall where the average sale price between August 2020 and 2021 was £ 1,057,353.
The cards involved in the game are also said to reflect the new pandemic flight to rural areas, with the New Chance card saying ‘Inappropriate posting to WhatsApp village’ and Go to Jail replaced by ‘Back to London with your tail between your legs’.