Harringay, Haringey - So Good they Spelt it Twice!
Peter Wynne Rees Corporation of London Retiring head of Planning Speaks Out - Implications for Haringey?
Peter Wynne Rees spoke yesterday to BBC London. He said that Londoners are being priced out of the housing market because of "dirty" Russian money and "Chinese gamblers". He sharply criticised the towers which provide empty investment flats. What lessons can Haringey learn?
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Permalink Reply by John McMullan on
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Just make them offer the property to Londoners first. The thing is if you go to one of these sales suites on the "day" that the latest batch of flats come up, even if you queue outside and are first seated, all the good ones are gone because, and this is slimy weasel words bollocks, the Russians and Chinese are a few timezones ahead of us. If they spent half as much money marketing in London as they do in Hong Kong and Singapore then maybe the flats would be cheaper too. Berkeley are making about £100,000 profit from each unit in Woodberry Down but that pales into insignificance compared to the tax free capital appreciation that the overseas investors are getting.
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Permalink Reply by Clive Carter on
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London – in some respects long a city-state as in ancient times – appears now to be acquiring at its centre, the characteristics of a particular, latter-day city state: Monaco.
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