When/Will house prices cool down?

When/Will house prices cool down?

Author
Discussion

nickfrog

21,258 posts

218 months

Friday 12th April
quotequote all
RayDonovan said:
Super slow in my town (just north of York)

Everything feels expensive

https://www.rightmove.co.uk/properties/146721944

https://www.rightmove.co.uk/properties/143726597

https://www.rightmove.co.uk/properties/145782668

https://www.rightmove.co.uk/properties/145455014

Appreciate some of these haven't been on the market that long, but just feels that some sellers are still in a COVID frenzy
You get a lot for your money where you live!

RayDonovan

4,432 posts

216 months

Friday 12th April
quotequote all
nickfrog said:
RayDonovan said:
Super slow in my town (just north of York)

Everything feels expensive

https://www.rightmove.co.uk/properties/146721944

https://www.rightmove.co.uk/properties/143726597

https://www.rightmove.co.uk/properties/145782668

https://www.rightmove.co.uk/properties/145455014

Appreciate some of these haven't been on the market that long, but just feels that some sellers are still in a COVID frenzy
You get a lot for your money where you live!
Compared to the South - yes.


Puzzles

1,857 posts

112 months

Friday 12th April
quotequote all
RayDonovan said:
nickfrog said:
RayDonovan said:
Super slow in my town (just north of York)

Everything feels expensive

https://www.rightmove.co.uk/properties/146721944

https://www.rightmove.co.uk/properties/143726597

https://www.rightmove.co.uk/properties/145782668

https://www.rightmove.co.uk/properties/145455014

Appreciate some of these haven't been on the market that long, but just feels that some sellers are still in a COVID frenzy
You get a lot for your money where you live!
Compared to the South - yes.
And compared to a few years ago..

okgo

38,174 posts

199 months

Friday 12th April
quotequote all
York one of the few places you could reasonably move from the South and not feel like a complete outsider I expect. Plus it’s cheap for anyone from London.

Mate of mine bought a big old house up there with the sale of a 2 bed in Fulham.

RayDonovan

4,432 posts

216 months

Friday 12th April
quotequote all
okgo said:
York one of the few places you could reasonably move from the South and not feel like a complete outsider I expect. Plus it’s cheap for anyone from London.

Mate of mine bought a big old house up there with the sale of a 2 bed in Fulham.
We've got a real mix of residents in York. Less than 2 hours by train to Kings X. I know a few who've moved here from London mortgage free

supersport

4,070 posts

228 months

Friday 12th April
quotequote all
Unsurprisingly we can buy a whole house and garden for our money rather than just a small shed.

I know a few who have sold up in that there London and moved up here, to a good house and cash in the bank.

We also have easy access to decent roads so don't just have to drive around town looking daft.

princeperch

7,932 posts

248 months

Friday 12th April
quotequote all
RayDonovan said:
We've got a real mix of residents in York. Less than 2 hours by train to Kings X. I know a few who've moved here from London mortgage free
It might be 2 hours to london but its really absolutely no use to anyone on a normal salary who has to be in london often-mortgage free or not. Its presumably something silly like the thick end of 150 quid peak time return. fk that tbh i couldnt bring myself to pay it.


Puzzles

1,857 posts

112 months

Friday 12th April
quotequote all
princeperch said:
RayDonovan said:
We've got a real mix of residents in York. Less than 2 hours by train to Kings X. I know a few who've moved here from London mortgage free
It might be 2 hours to london but its really absolutely no use to anyone on a normal salary who has to be in london often-mortgage free or not. Its presumably something silly like the thick end of 150 quid peak time return. fk that tbh i couldnt bring myself to pay it.
Plus getting from King’s Cross to your desk, and from your home to York station.

okgo

38,174 posts

199 months

Friday 12th April
quotequote all
It’s fine if you do a handful of days a month.

There’s a lot of well paid roles that require very little in person presence these days.

Deesee

8,475 posts

84 months

Friday 12th April
quotequote all
okgo said:
It’s fine if you do a handful of days a month.

There’s a lot of well paid roles that require very little in person presence these days.
I’ve opened a new office in city 12 months ago, expectation are everyone in every day 8/6 (but 7 hours flex, and I can flex that to 5.5 if you do the numbers), We’ve set only people living in travel card area to be employed.

We need people in people and teamed up, hubs/teams does not work for us, I’d like it to, I really would…

princeperch

7,932 posts

248 months

Friday 12th April
quotequote all
There is also a huge push to get civil servants back in 3 days a week back to Whitehall.

My boss knows im a difficult customer who will boot off so hes letting me get away with one day a week as ive been doing for a while. Others have a 3 line whip-some poor sod who lives on the suffolk border told me the other day its 50 quid odd a day for his train and hes coming in 3 days a week from previously doing 1 day a week. He isnt happy!

macron

9,916 posts

167 months

Friday 12th April
quotequote all
Appreciating responding to that risks thread drift, but how are you finding the ask for people to be in office 100% of the time?

I am aware of a few businesses that have imposed 60%, who are finding plenty leaving for more flexibility (and not just the skivers), and it being hard to recruit.

Purchase price 235, monthly, £360....

https://www.rightmove.co.uk/properties/140694947

ooid

4,117 posts

101 months

Friday 12th April
quotequote all
Puzzles said:
princeperch said:
RayDonovan said:
We've got a real mix of residents in York. Less than 2 hours by train to Kings X. I know a few who've moved here from London mortgage free
It might be 2 hours to london but its really absolutely no use to anyone on a normal salary who has to be in london often-mortgage free or not. Its presumably something silly like the thick end of 150 quid peak time return. fk that tbh i couldnt bring myself to pay it.
Plus getting from King’s Cross to your desk, and from your home to York station.
There are lovely properties in nice communities in York but beyond the commute, I genuinely need to be max 35-45 mins away from main London airports. I appreciate some really like soggy weather but I would lose my mind if I can't even hope on a ryanair or easyjet to get some sunshine in the continent for a few days at least... laugh

DonkeyApple

55,521 posts

170 months

Friday 12th April
quotequote all
ooid said:
There are lovely properties in nice communities in York but beyond the commute, I genuinely need to be max 35-45 mins away from main London airports. I appreciate some really like soggy weather but I would lose my mind if I can't even hope on a ryanair or easyjet to get some sunshine in the continent for a few days at least... laugh
Such a sheltered existence!!

https://www.mirror.co.uk/lifestyle/travel/you-dont...

havoc

30,131 posts

236 months

Friday 12th April
quotequote all
princeperch said:
Others have a 3 line whip-some poor sod who lives on the suffolk border told me the other day its 50 quid odd a day for his train and hes coming in 3 days a week from previously doing 1 day a week. He isnt happy!
So he's earning a London wage but isn't happy he's got to pay to commute into London from his cheap house outside London?!? rolleyes

FFS...this is the problem. This is why house prices aren't cooling down.

fk him. fk that whole attitude. If the job is remote, then the salary should be commensurate with remote working. If it's in-office, then you take the job knowing you need to commute, you don't take it then bh about it, because that's EXACTLY the same self-centered, entitled attitude that sees people moving near to racing circuits then bhing about the noise to get the circuit shut down!

Is that you?!?

Hustle_

24,751 posts

161 months

Friday 12th April
quotequote all
Woah angry.

The trains are too expensive whatever. You won’t find many who will disagree with that.

I’ve just come back from Japan wobble

Hondashark

370 posts

31 months

Friday 12th April
quotequote all
havoc said:
So he's earning a London wage but isn't happy he's got to pay to commute into London from his cheap house outside London?!? rolleyes

FFS...this is the problem. This is why house prices aren't cooling down.

fk him. fk that whole attitude. If the job is remote, then the salary should be commensurate with remote working. If it's in-office, then you take the job knowing you need to commute, you don't take it then bh about it, because that's EXACTLY the same self-centered, entitled attitude that sees people moving near to racing circuits then bhing about the noise to get the circuit shut down!

Is that you?!?
Yep, live near York then you should be paid a Northern wage. Don't like it, get a northern job on a northern wage.

Hondashark

370 posts

31 months

Saturday 13th April
quotequote all
RayDonovan said:
nickfrog said:
RayDonovan said:
Super slow in my town (just north of York)

Everything feels expensive

https://www.rightmove.co.uk/properties/146721944

https://www.rightmove.co.uk/properties/143726597

https://www.rightmove.co.uk/properties/145782668

https://www.rightmove.co.uk/properties/145455014

Appreciate some of these haven't been on the market that long, but just feels that some sellers are still in a COVID frenzy
You get a lot for your money where you live!
Compared to the South - yes.
They'd all be about £300k round here. (North of the East Midlands.)

turbotoaster

647 posts

173 months

Saturday 13th April
quotequote all
Hondashark said:
They'd all be about £300k round here. (North of the East Midlands.)
I was thinking the same thing, im in newcastle under lyme, end of a cul-dee sac surrounded by pensioners and my 3 bed semi, decent rear garden and separate double garage is worth £200k (was £160k when i bought it in 2021)

When I see prices of housing down south(not talking inside london) it blows my mind as alot of my colleagues do the same job as me on similar money and I dont know how you would make the numbers work

Shnozz

27,514 posts

272 months

Saturday 13th April
quotequote all
ooid said:
Puzzles said:
princeperch said:
RayDonovan said:
We've got a real mix of residents in York. Less than 2 hours by train to Kings X. I know a few who've moved here from London mortgage free
It might be 2 hours to london but its really absolutely no use to anyone on a normal salary who has to be in london often-mortgage free or not. Its presumably something silly like the thick end of 150 quid peak time return. fk that tbh i couldnt bring myself to pay it.
Plus getting from King’s Cross to your desk, and from your home to York station.
There are lovely properties in nice communities in York but beyond the commute, I genuinely need to be max 35-45 mins away from main London airports. I appreciate some really like soggy weather but I would lose my mind if I can't even hope on a ryanair or easyjet to get some sunshine in the continent for a few days at least... laugh
Why do you need a main London airport for short haul budget airline flights to Europe? Part of why we like our Leeds city centre pad is it enables us to use the tiny airport you can get through in 15 mins and do door to door to our Spanish pad in under 5 hours. Big airports need more time and only preferred by me if long haul.