Harringay, Haringey - So Good they Spelt it Twice!
Cost of Housing in Harringay
With housing costs now at preposterous levels in Harringay, particularly on the ladder, does anyone have any thoughts as to how this issue may be tackled. It is now no exaggeration to say that we are in the midst of a housing crisis with only the most affluent being able to afford to live in the area. This, coupled with the introduction of the benefit cap pilot in Haringey, is having a terrible effect on individuals, and particularly families, in the area.
One thing we could do for a start is try to halt the money being spent on doing up Green Lanes. This is a terrible idea for us that live in the area as it is only going to lead to more gentrification and higher housing costs for us all. My feeling is that this is being pushed by the Traders on Green Lanes and the impact on rents and house prices has not been considered. I see the benefits for the Traders but see little benefits for us that live here.
All this is going hand on hand with the continued gentrification and change in social make up of the area that is also pushing up housing costs.
It's the million dollar question, but any ideas?
Tags for Forum Posts: housing
Replies to This Discussion
-
Permalink Reply by matt on
-
London is a safe haven for billionaires. The latest reported to be arriving with family is Israel's richest man, worth 4 billion. Why is he coming? Because Israel want to tax him more so he's moving half his business to this city/country, which can't even tax Google etc properly (Oh and Google are moving to Kings Cross, recently regenerated).
Low tax intake = less for services & infrastructure spend = more opportunities for private business to step in = more donations to the tory party. No one in any of the three main political parties is seriously interested in matters of poverty or the majority of the population making a reasonable living (see the last 16 years of politics since New Labour got in).
JJ, in the scheme of things the small amount of money being spent on Green Lanes is for basic stuff (which should be done as a matter of course anyway and not have to be presented as a selective spend - it's called maintenance and having pride in ones community). But your wider issues of stupidly high rents etc are very real and rightly pointed out.
IF THERE WAS AN ELECTION TOMORROW WHO WOULD YOU ALL VOTE FOR?!!
I ask this because parliament is supposedly the place where policy, tax & spend decisions are made on our behalf, decisions which help to determine various outcomes (such as housing) discussed in this thread.
-
Permalink Reply by james walsh on
-
Matt i would vote Green.
-
-
Don't hate me I have actually come from Crouch End (Northern Iris actually) but I do actually love how diverse and different Harringay is from Crouch End, its a completely different place. I don't believe in making this area "twin" Crouch End just simply, cleaner and more attractive. Area's change constantly all over, it needs to be embraced in a way to keep everyone happy. Otherwise we let it rot? Great idea! London is London...
-
Permalink Reply by Finsbury Park Ranger on
-
It's an interesting conundrum and timely too seeing the Luddites came to their force 200 years ago. Will we see new housing and key high street area's smashed up to stop the negative effects of gentrification by the young and poor one day in London ? Or have we actually seen it happen already ... ?
I hear foxtons in Brixton is increasingly under siege from angry locals ...
-
Permalink Reply by Alan Stanton on
-
An item in yesterday's Evening Standard (11 July 2003) supports an observation made John McMullan on HoL. It suggests “off-plan” sale of homes to wealthy foreigners - and then sometimes left empty - is impacting on Londoners seeking homes.
-
-
Thanks, Jessica. My third silly slip today!
Distracted by too much going on at once. (Including builders repairing a leaky shower which threatened to bring down the kitchen ceiling.) I got the link right though. And I think the Standard article makes an interesting point.
-
-
There should be laws against flipping empty houses, like there are laws again ticket touting, it's one of the worst anti social behaviours seen in London if you ask me.
However seeing as no one seems to have a bright economic plan apart from increasing the value of our biggest asset class, I guess we're not going to see any change soon.
Imagine what kind of country we could have if we put all our spare wealth into making new innovations and setting up new businesses instead of paying down huge mortgages ....
-
Permalink Reply by John McMullan on
-
Let's imagine you live in Hong Kong and you have £600,000. You can put it in the bank but that's not such a good idea as banks are now a bit riskier than they were but pay only low rates of interest. You can buy shares or gold with it but they're pretty volatile. The one asset class available to you that is really, really safe is new build London Property. If you buy "off plan" you can get two flats and by the time they're built you've gained 20-30%. Then you just sit on them gaining the house price inflation every year. Why on earth would you want tenants in them? Ew yuck!
Also, if you buy off plan you only need a £50K deposit so you can buy a handful and them just sell some before legal completion to avoid the stamp duty.
-
Permalink Reply by John D on
-
Centre Point was the notorious example of that. Maybe if the Council charged council tax on all properties whether occupied or not ?
-
-
Yes I can't believe you get a "discount" for having an empty property let alone pay no tax at all.
-
-
Road Fund licence income used to be to pay for roads - but now it's just part of general taxation. You legislate for empty properties by levying Council Tax - simples
-
Permalink Reply by Liz on
-
The "empty property discount" ended in April in the majority of local authorities
© 2024 Created by Hugh.
Powered by
