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
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Permalink Reply by james walsh on
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Matt i would vote Green.
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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...
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Permalink Reply by Alan Stanton on
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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.
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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.
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Permalink Reply by John McMullan on
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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.
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Permalink Reply by John D on
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Centre Point was the notorious example of that. Maybe if the Council charged council tax on all properties whether occupied or not ?
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Yes I can't believe you get a "discount" for having an empty property let alone pay no tax at all.
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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
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Permalink Reply by Liz on
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The "empty property discount" ended in April in the majority of local authorities
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Let's hope that there will be a flood of properties coming on to the housing market. It's a bit early to say yet :)
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Permalink Reply by tania on
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Yes there are various solidarity groups:
https://www.facebook.com/haringey.solidaritygroup?fref=ts
#LetDown Private Renters hackneyrenters
search #letdown on twitter
https://www.facebook.com/groups/antibedroomtax/?fref=ts
Having a mass sleep out demo, I guess this Gov is trying to make London as attractive as possible to foriegn investers, projected profits for them, so increase in rents be it social housing, cracking down on squating by making it illegal to squat non-commercial buildings, do you think this may be a manipulation to screw as much money as poss out of population, therefore having to work more and less time to scrutinise the corrupt practices of Self-servative governments. Forget the no vote, vote for the alternative, the no vote is what got us the Condem, Eaton, elitists, self-serveatives, just saying!
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Plan is to cram in as many residents into Harringay as possible and then sell public assets and services such as NHS, sell off police stations, fire stations, I guess they consider that over populating an area and cutting the emergency and social services is a good idea, thats the kind of Goverment we have at the moment.
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