How far will house prices fall [volume 4]
Discussion
gibbon said:
Im not implying this is the case for you at all, but i do wonder about the benefits of what sounds like an idyllic youth compared to the lost time spent with their Dad through commuting etc.
I have to be at my desk by 8 and I used to get home by 8-8.30.I now leave quite a bit earlier, return about the same but I never saw them in the past anyway.
Surely it's about time London based firms looked to move out to the suburbs, it can't make sense for so many people to waste up to half of a working day every day getting to and from work.
The best of both worlds imo is to live within commuting distance of London but not work there. I've done my fair share of commuting in and around London and hated it, now I live in Suffolk, work is a pleasant 20 minute drive from home, and if i want to get down to London, for a bit of culture, a night out, or a business meeting, it's only 90 minutes away door to door.
The best of both worlds imo is to live within commuting distance of London but not work there. I've done my fair share of commuting in and around London and hated it, now I live in Suffolk, work is a pleasant 20 minute drive from home, and if i want to get down to London, for a bit of culture, a night out, or a business meeting, it's only 90 minutes away door to door.
gibbon said:
Im not implying this is the case for you at all, but i do wonder about the benefits of what sounds like an idyllic youth compared to the lost time spent with their Dad through commuting etc. Certainly, there doesnt appear to be an easy answer, unless money really is of little concern.
When I lived in London, I worked insane hours anyway - 14hr days were the norm, often in work at weekends if I was closing a deal, flying twice a week, conference calls at anti-social times, missed holidays, the whole nine yards. My wife was happy to do either the large house in Chelsea trade or the bigger house in the country - she gave me the choice. I decided that, as the kids wouldn't see me much either way, they ought to have a better quality of life.
RYH64E said:
Surely it's about time London based firms looked to move out to the suburbs, it can't make sense for so many people to waste up to half of a working day every day getting to and from work.
No, it's about time London based firms moved out to other places. What's wrong with an office in Birmingham, Manchester or Nottingham? [quote]The best of both worlds imo is to live within commuting distance of London but not work there.
RYH64E said:
battered said:
No, it's about time London based firms moved out to other places. What's wrong with an office in Birmingham, Manchester or Nottingham?
I'm not sure it's any better commuting into the centre of Manchester or Birmingham, don't know about Nottingham.RYH64E said:
battered said:
No, it's about time London based firms moved out to other places. What's wrong with an office in Birmingham, Manchester or Nottingham?
I'm not sure it's any better commuting into the centre of Manchester or Birmingham, don't know about Nottingham.Sheepshanks said:
RYH64E said:
battered said:
No, it's about time London based firms moved out to other places. What's wrong with an office in Birmingham, Manchester or Nottingham?
I'm not sure it's any better commuting into the centre of Manchester or Birmingham, don't know about Nottingham.About 10 years ago Mrs Digga was commuting from jct 13 M6 to her office in Aston. It was about 1hr (at that time) if you left before 06:55hrs, and anything from 1hr 30 and above after that. Some days, when it was all FUBARed, it was hours. My dad used to make a very similar journey in the 70s, but to Oldbury (M5 jct 2) and took just 30 mins, leaving at 07:55hrs.
Increases in trade - goods, services etc. - and population have simply not been kept up with by successive governments. It sometimes feels as though bits of the establishment are waiting for journey times to get back to the horse drawn era so they can ban motorised vehicles altogether.
V8RX7 said:
RYH64E said:
battered said:
No, it's about time London based firms moved out to other places. What's wrong with an office in Birmingham, Manchester or Nottingham?
I'm not sure it's any better commuting into the centre of Manchester or Birmingham, don't know about Nottingham.This is ithe inner city hell that is B-I-W:
https://www.google.co.uk/search?q=burley+in+wharfe...
and this is 20 minutes away, or an hour on a bike: https://www.google.co.uk/search?q=leeds+image&...
Family homes are yours for 300k. But hang on though, no, you're better off stopping in London. The North is a frozen hellhole, stay away.
Digga said:
Brum is horrible commuting.
Increases in trade - goods, services etc. - and population have simply not been kept up with by successive governments. It sometimes feels as though bits of the establishment are waiting for journey times to get back to the horse drawn era so they can ban motorised vehicles altogether.
I didn't mean by car !Increases in trade - goods, services etc. - and population have simply not been kept up with by successive governments. It sometimes feels as though bits of the establishment are waiting for journey times to get back to the horse drawn era so they can ban motorised vehicles altogether.
You're correct - a few years ago to soften us up for road charging they deliberately re timed traffic lights etc to make the situation worse.
I called to tell them that some lights were clearly broken as they held all ways on red for 14seconds (usually it's approx 2) they told me it was a deliberate measure.
battered said:
It is indeed, I have a mate who lives in Burley in Wharfedale and commutes on the train to Leeds. About 20 minutes, sometimes he cycles instead.
This is ithe inner city hell that is B-I-W:
https://www.google.co.uk/search?q=burley+in+wharfe...
and this is 20 minutes away, or an hour on a bike: https://www.google.co.uk/search?q=leeds+image&...
Family homes are yours for 300k. But hang on though, no, you're better off stopping in London. The North is a frozen hellhole, stay away.
I dont think your points are in any way relevant to the points currently being discussed on this thread.This is ithe inner city hell that is B-I-W:
https://www.google.co.uk/search?q=burley+in+wharfe...
and this is 20 minutes away, or an hour on a bike: https://www.google.co.uk/search?q=leeds+image&...
Family homes are yours for 300k. But hang on though, no, you're better off stopping in London. The North is a frozen hellhole, stay away.
I grew up in the north, i went to university and lived in leeds for 4 years. I cannot have the career that i have in london in Leeds, or Manchester, or liverpool etc. Sure i could change career, but currently i dont want to.
Besides which, i want to live in london, and very much enjoy it. So what relevance to a debate by people who want/need to work in and around london is the price of a home which is a 20 minute commute to Leeds?
Apologies if its a more general point you are making, but i just think its tedious that so many people just jump on the, 'ee by eck son you could live in a castle in yorkshire for that!' bandwagon, or 'you could live up north and do nowt and live in a bigger house'. Some people dont want to do nowt, and some people actively want to live in and around London.
Every time someone mentions their lovely rural home and life, london centric workers and inhabitants dont start banging on about how they could earn more in london or how much more their similar house is worth.
Ones not right, ones not wrong, but many comparisons are just not relevant.
The debate is about quality of life vs. where you live. If you want to live in London, then that's great. Do so. If your job only exists in London, then likewise. However the remark was that "people should move their offices to the suburbs" when the extension of that argument is "move to somewhere better entirely". That's when moving to another city is entirely relevant. It's up to you how you measure your quality of life. You want restaurants, theatre, nightclubs, live in a city. You want space, countryside, an easy commute, go elsewhere.
On second thoughts though, like I said earlier, the Londoners should all stay there.
On second thoughts though, like I said earlier, the Londoners should all stay there.
battered said:
The debate is about quality of life vs. where you live. If you want to live in London, then that's great. Do so. If your job only exists in London, then likewise. However the remark was that "people should move their offices to the suburbs" when the extension of that argument is "move to somewhere better entirely". That's when moving to another city is entirely relevant. It's up to you how you measure your quality of life. You want restaurants, theatre, nightclubs, live in a city. You want space, countryside, an easy commute, go elsewhere.
On second thoughts though, like I said earlier, the Londoners should all stay there.
Well, its all subjective isnt it, thats the whole point of the debate. However, i maintain that your reference to commuter houses for Leeds jobs currently has little relevance to people debating their housing and commuter choices for london careers.On second thoughts though, like I said earlier, the Londoners should all stay there.
As for your final comment, well, demonstrates quite well some of my fears of the small mindedness i may find in certain areas of the country should i move. Needless, inarticulate and petty.
p1stonhead said:
XJ40 said:
Saw this doomy prediction earlier; French bank Société Générale say that "London property prices could fall by more than 30% in the wake of Britain’s vote to leave the EU and may halve in the most expensive parts of the city... We see a classic housing bubble in London and Brexit as the trigger for the correction … Given the current ratio of prices to incomes in London, a price correction of even 40-50% in the most expensive London boroughs does not seem impossible".
https://www.theguardian.com/money/2016/jul/18/brex...
I can't see such a correction myself, though we still don't really know what the outcome of Brexit will be. One point though regarding London property is that if the value of the pound stays low then UK property will look cheaper to those buying from abroad...
I cant see it happening either. There is too much demand which will swoop in if that happens, and prices will simply shoot up again. https://www.theguardian.com/money/2016/jul/18/brex...
I can't see such a correction myself, though we still don't really know what the outcome of Brexit will be. One point though regarding London property is that if the value of the pound stays low then UK property will look cheaper to those buying from abroad...
I know at least 10 people personally who cant buy now but could with a 30% drop. Im sure many others do too.
What will happen to prices when every one of them can suddenly buy? Surely a rush and then prices rising again to meet demand.
If prices were to drop by 30% (or even half that) then banks will seriously tighten up mortgages and the 10 people you know might still be able to afford.
Oh dear, someone can't spot a joke when it's made. The whole point of the regions offering benefits over London is that there are fewer of us there. The moment millions of Londoners actually work out that Leeds/Manchester/wherever is a nice place to live and actually move there, the benefit's gone.
battered said:
Oh dear, someone can't spot a joke when it's made. The whole point of the regions offering benefits over London is that there are fewer of us there. The moment millions of Londoners actually work out that Leeds/Manchester/wherever is a nice place to live and actually move there, the benefit's gone.
Apologies, i didnt spot the joke, sometimes easy to miss sentiment in the written word, especially when said sentiment is dull, tired and unoriginal humor.Anyway, my point is simple, Leeds commuter housing has no relevance to debate on how one chooses to live and work in London.
gibbon said:
your final comment, well, demonstrates quite well some of my fears of the small mindedness i may find in certain areas of the country should i move.
Note the irony in your statement- you're doing exactly what you accuse him of doing, ie parochial superiority. My 2p worth is that London pays better money but I don't think it's worth it for the crowding, noise, dirt, etc. I accept that you and others think it's worthwhile & aren't sensitive to the problems.
Rovinghawk said:
Note the irony in your statement- you're doing exactly what you accuse him of doing, ie parochial superiority.
My 2p worth is that London pays better money but I don't think it's worth it for the crowding, noise, dirt, etc. I accept that you and others think it's worthwhile & aren't sensitive to the problems.
If there was a tongue in cheek smiley i would have used it.My 2p worth is that London pays better money but I don't think it's worth it for the crowding, noise, dirt, etc. I accept that you and others think it's worthwhile & aren't sensitive to the problems.
Rovinghawk said:
My 2p worth is that London pays better money but I don't think it's worth it for the crowding, noise, dirt, etc. I accept that you and others think it's worthwhile & aren't sensitive to the problems.
It might pay more if you're an employee, work for yourself and it matters not where you're based (and the money's better).Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff