Whose wealth is it anyway?

ViewEven in this grainy view from Balmore Park, developments are evident across Reading.

The Thames Tower and Station Hill schemes are sandwiched between several cranes to the east and Chatham Place to the west.

A crane count is normally a sign of prosperity but this has to be questioned in a town like Reading. The low paid people on the Whitley estate aren’t going to be jumping for joy over pricey rents in the new flats but buy-to-let investors are.

Jobs in the new town centre offices mean little if you can’t get childcare or you don’t have qualifications in law or accountancy. Plenty will travel in by train for those jobs.

Flats and offices are flourishing to the east of the town centre with the same issues around them.

It seems no matter how wealthy Reading gets, the people who benefit are often not those who live here.

About Alan Bunce

Freelance journalist Former Community Editor with the Reading Post. Former Business Editor with the Reading Chronicle.
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