Harringay online

Harringay, Haringey - So Good they Spelt it Twice!

Sorry to mention the elephant in the room but something scary is happening to house prices in the local area. I'm talking about some places rising by over 10% in the last week. Nearly 40 % in the last two years.

Speak to the estate agents, something unprecedented it's happening with the cost of home ownership, especially between wood green tube and ally pally.

It's possible this government may become known as seeing through the largest distribution of wealth from the poor to the rich ever ....

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Perhaps amazing was the wrong word ? 'Profoundly significant empire' might have been a better use of worlds but I think you get my point.

With you on this one FPR - I grew up in Newcastle and have spent time in most of the UK's big cities and outside London there just aren't enough people to support a decent range of alternative and grassroots cultures. You might get a "scene" like Manchester in the 90s but it's just a different flavour of homogenous, no actual variety... so here's your townie bars, here's your rock pub, here's an art gallery and a theatre scraping by on arts subsidies, if you are lucky here's a few pubs where live bands play to bored locals. 

For people whose tastes are mainstream or run to state-funded culture, or people who just love  chilling out in the countryside I agree, why ever would you bother with the downsides of London when you can live somewhere cheaper and cleaner and still find things that excite you. But if what you want is variety and the opportunity to do things you never thought about til you stumbled across it, London is very hard to beat.

Brighton? ;)

A lot of my old art school buddies ended up there in the 90s. The times I've visited I found it a bit smug, but I was probably in the wrong area

Anyway, if we are looking for places with London culture but with cheap housing, Brighton is a fire to London's frying pan ;)

Those commenting on this post might be interested in this event during LFA featuring David Lammie:

Housing Londoners: Is it just a numbers game?

16 June | 19:00 - 20:30
Kings Place, 90 York Way , N1 9AG
One million more Londoners will need homes over the next decade. Yet the current level of house building in London is only skimming the surface of housing need, and the impact on levels of affordability is well documented. This debate will take as its starting point the desperate need to house our growing, changing population, and examine how we can achieve the numbers, while creating great neighbourhoods and quality homes that reflect both our changing lifestyles and an aesthetic value that London can be proud of.

Speakers: 
Claire Bennie – Development Director, Peabody 
Richard Blakeway – Deputy Mayor for Housing, Land and Property, Greater London Authority
Teresa Borsuk – Executive Director, Pollard Thomas Edwards Architects
David Lammy MP – MP for Tottenham
Rob Perrins – Managing Director, Berkeley Group

So apparently the Bank of England has made it clear that it doesn't think 4.5X mortgages on joint incomes is risky. So house prices won't have any serious mortgage issues holding them back and we could be seeing more house price rises.

Possibly a labour government could cause the bubble to burst In the short term with a 2 million mansion tax ..... and given that people that own houses tend to vote more ....it could be a precarious place to be for labour all of a sudden.

It looks like labour have just fallen into a very slow trap.

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