Sainsbury's Square Flats Launching in Hornsey this Weekend

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Permalink Reply by Alan Stanton on January 15, 2015 at 13:54

Great! 

I had the same idea and copied the page to Labour councillors.

----- Original Message -----

From: Alan Stanton

To: Vincent Carroll ; Toni Mallett ; Tim Gallagher ; Stuart McNamara ; Sheila Peacock ; Lorna Reith ; Reg Rice ; Raj Sahota ; Peter Morton ; Peray Ahmet ; Pat Berryman ; Natan Doron ; George Meehan ; Makbule Gunes ; Liz McShane ; Kirsten Hearn ; Kaushika Amin ; John Bevan ; Joe Goldberg ; Joe Ejiofor ; Jennifer Mann ; Jason Arthur ; James Ryan ; James Patterson ; Eddie Griffith ; Felicia Opoku ; Eugene Akwasi-Ayisi ; Emine Ibrahim ; Elin Weston ; Isidoros Diakides ; Denise Marshall ; Clare Bull ; Claire Kober ; Charles Wright ; Gideon Bull ; Bernice Vanier ; Dhiren Basu ; Barbara Blake ; Anne Stennett ; Ann Waters ; Ali Demirci ; Alan Strickland ; Gina Adamou ; Adam Jogee ; Mark Blake

Sent: Thursday, January 15, 2015 10:53 AM

Subject: Update on Smithfield Square Hornsey - marketing campaign

Dear Labour Party Colleagues,

Here's an update on the Smithfield Square development in Hornsey which is attracting lots of interest in China. It's from today's Hong Kong Standard. In a couple of days you can pop along to the exhibition in Queens Road. But as many of you may be busy, I've downloaded the ad for your information.

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Permalink Reply by Mr Wodjacallim on January 17, 2015 at 12:18

We could get another new waterworks then?  

I heard not too long that when the flats were built by the waterworks, someone working there noticed lumps of brown stuff appearing on the sand filters. They then realised, it looked ike Sh*** you know what and smelt like it too.    

Apparently, someone had connected the sewage pipe from the flats into a water pipe that connect the brook to waterworks.  Reportedly, a huge row ensued between Thames Water, the Developer and Haringey Council over the £20M needed to decomtaminate the plant and who was to blame.

A few years ago, the waterworks was rebuilt, yet none of this was ever reported in our local newspaper.  Does anyone know if it is true - or is it an urban myth?

 

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Permalink Reply by Mr Wodjacallim on January 18, 2015 at 12:18

£300,000 to £500,000 is a lot to pay for a flat. When I first came to London in 1976,  a four story house near Newington Green was about £30,000 for considerably more space.

The way property prices are going, people will inherit mortgages instead of property.  These prices are verging on insanity.   If interest rates rise to realistic levels, there will be a lot of people in this area seriously out of pocket.  There have been 40% price falls in the past and there is no reason why they wouldn't happen again.

The likes of Dave Cameron, Georgie Osborne and Mark Carney pursue economic policies of low interest rates which boost house prices to ridiculous and insane levels. The effect is to push up house values which fuels credit and second mortgages to boost the UK economy.  It most likely boosts the economies of UK banks and manufacturing in developing countries which may be no bad thing for them.

But what it does do is rob a generation of the opportunity to have their own home.

      

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