Harringay, Haringey - So Good they Spelt it Twice!
RE PROPERTY PRICES IN HARINGEY
Did any one notice in the news the other day that they are saying that the average property prices in Haringey are 1/2 a million. I know we may be heading for a bubble - but what area does this equate to -Crouch End, Muswell Hill etc yes and likely low on the estimated side but what about Tottenham, Woodgreen? - I know it rising and the face of Tottenham is changing dramatically wit house prices clearly going up by 30% in some areas in the last year.
Replies to This Discussion
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Permalink Reply by Finsbury Park Ranger on
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I think open borders with an attractive welfare state that can be easily manipulated by families and a fashionable city generally together with tight planning regulations and a lack of foresight by current and previous governments to invest and plan accordingly for there own policies ( or a desire to actually create this situation for personal and macro economic reasons ) might have more to do with property prices than people turning houses into flats.
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Permalink Reply by Cecilia on
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well, look at this one on our road:
http://www.zoopla.co.uk/for-sale/details/32607936?search_identifier...
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So many properties have concreted over their gardens. It's so sad. Buy to let landlords shouldn't be allowed to concrete the gardens just to be lazy landlords.
Maybe there should be a 'right to a green garden' law and any tenant should be allowed to have any concrete removed in their garden they want for free, with the landlord picking up the tab ?
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Permalink Reply by Bülent on
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Agree. Front and rear gardens.
..and they shouldn't be allowed to turn living rooms into bedrooms - a classic 3 bed victorian house should be let as such not as a five bed house.
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If Milliband could move all the housing benefit money going into private hands and make that wealth grow a property portfolio owned by the nation, we could once again have a government with a rich stock of property at its disposal ...
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Permalink Reply by Ian on
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Property prices are rising and that is a fact of the special area called London. The word LandLord is something of a legacy word and could be replaced with something more suitable to decribe small individuals with 1 or 2 investment properties. I am certainly no "Lord" of lands and just trying to get on in life and provided some benefit for myself and family in later life. All this Landlord bashing, this is capitalism, I believe there could be a better system but I guess most of you support capitalism and the right for progression given that pensions and the welfare state may not be there for us in our time of need in the future.
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I've got nothing against landlords, just don't think the state should subsidise them, nor do I think they should be allowed to compete with first time buyers in the same way as they do. If they were only allowed to buy properties that prospective home makers didn't want and rented them out without requiring financial welfare assistance from the state, then I would have absolutely no issue with private landlords at all.
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Permalink Reply by matthew cuthbert on
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We paid £85/ week in 1994 for a two bed in the Gardens N4, we sub let a room (through Capital Flat Share,) to afford it, we have had 9 flat mates in this time, the going rate to cover mortgage commitments is around £1100 / month, fine for two working professionals, difficult for a young family with one wage.
A fair rent today would be fair.
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Permalink Reply by JJ B on
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It is one thing to own property and care for it, ensuring that it provides good quality homes fro ordinary people. It is another thing to gobble purchase up family homes and illegally convert them into HMOs, concrete over front and back gardens, add illegal extensions and turn previously mixed, balanced, neighbourhoods into social sink areas.
The less well of need quality homes too. Housing is not the normal tradable commodity but a basic necessity and no government has really addressed the issue. Tony Travers has given in to it if you judge by his statements at the V&A Tottenham Takeover talk.
Both ConDem and NeoLibour governments have pandered to the rich international buyers in an effort to make the housing market drive the feel good factor. Builder-investors are demanding 15 to 20 % return on investment when deposit accounts gave you less than 3%. Social housing is not viable. Where is the logic? They attempt to mask the structural inadequacies of the economy by creating this new bubble because it suits the SHORT TERM goals but is doing tremendous long term damage.
The international financial sector drives the country so we prostitute ourselves to it and we continue to build up more debt AGAIN but at low interest rates! Move from 2.99% APR to 5.98% (which is still historically low!) and you double your mortgage payments. Can income levels support that!
A huge mountain, higher and higher, so we can fall harder the next time round!
The revolution will come!
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Shame this money doesn't go to our local schools,
the latest attempt for a school has been rejected
at St Ann's, the government and council need to
get it right on infrastructure, before all development
opportunities go.
Twenty years ago we were lucky, as students growing
up here, starting a family, let's meet up and see where
our privilege can help.
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don't blame individuals for seizing legal opportunities created by the market in order to develop their family income. Even if you own 5 properties or even 10 properties it is relatively low level compared to the overall housing stock and organisations with real power that own and manage thousands of properties such as local authorities. You are trying to fix a problem from the bottom up that is a direct result of the system we live in. If you are condemning low level landlords then you need to attack capitalism, large corporations that have profit and share holder value as the ultimate prize and not truth and doing the right thing. I would prefer a different system to what we have but the system is what it is and you have to survive and compete from the day you go to school. Authorities change planning law when it suits them to help big business but never for the benefit of the small individual. Rent is going up, some people will benefit some won't and maybe even my kids won't be able to afford to buy when they grow up. That is the society that has resulted through capitalism and is not the fault of landlords competing with first time buyers. Work to change the system and not bash individuals that play the game according to the rules to survive.
"come the revolution" I think there is very little real fight in most people these days and little appetite for real change apart from voting for our own self interest.
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Yeah I agree about the self interest bit generally but personally i see that as one very big reason why landlords are going to get a pummelling after the 2015 election, large or small.
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