So house prices in Brighton and Hove are continuing to spiral upwards with terraced houses now costing more than semis.

For the first time the average cost of a city terraced house has topped the £150,000 mark, making them most expensive in England and Wales, apart from London.

It is good news that Brighton is an attractive, sought-after place to live. It is good news that the area may attract business, particularly with its recent city status.

However, we must remember the city is still home to thousands of people who will never be able to afford such prices and who were born, grew up and want to stay in the area to bring up their children.

These are real members of their communities and not just commuters who stay for a while and move on when somewhere else seems more attractive and they can make a profit on their property.

Towns throughout Britain that have faced similar rises have sometimes fallen victim to commuter life, where those moving in spend little time at home as they are working long hours elsewhere trying to pay the mortgage. Such people often don't have time to get to know their neighbours and communities become more distant.

We must ensure those people who made Brighton and Hove the attractive place it is to be, and their young families, are not priced out of the market by those looking for an investment instead of a home.