London - on the way out?

Benthosboy

pandamonia wrote: »

The germans had the best idea when they leveled london, pitty no one is around to do the same again, and coventry while they are at it maybe birmingham too.

every time i visit the city i wish i had died on the way in. it stinks its full of crime and imigrants, its expensive and you cant drive anywhere. the tube is horrid and people are rude.

i dont know how people can live there i honestly dont.

Fly's live on !!!! though so i guess they are used to it

:rotfl: :rotfl: :rotfl: :rotfl: :rotfl:
Speaking as a bigotted Yorkshireman, I couldn't agree more. Have a Daniel Webster cigar on me :T

chewmylegoff

pandamonia wrote: »

every time i visit the city i wish i had died on the way in.

the feeling's mutual.

ruggedtoast

SGE1 wrote: »

Quite why so much bile against London, I don't understand.

If London is such a horrid place, why do you think so many people chose to live there? Or are you just the only clever person who's noticed that London is "a dirty, crime infested, eyesore"? Well done you.

I suspect you're probably under 30 and childless.

Very few average income people IME as they get older choose to live or work in London. Most people with kids would happily choose to press a button and have it sink into the primordial slime it is undoubtedly built on.

We live and work here because we're stuck here. Its where the majority of decent jobs are, and numerous failed transport policies have made commuting far impracticable for most.

If youre young, all about night life and gigs, and have very low expectations of customer service from the venues that typically provide this (in proportion to what they charge you to get in), its great.

If you're on an average salary and are trying to find somewhere your wife can give birth in that doesnt have a worse infant mortality rate than a Calcutta orphanage, or a school where your kid wont grow up talking like a yardie, the gloss kind of wears off.

novazombie

ruggedtoast wrote: »

It would be terrible if London fell from grace. I cant imagine the horror I would feel at seeing this lovely capital degenerate into a dirty, crime infested, eyesore. Hobbled by awful infrastructure, absurd social planning and riven with societal and immigration problems.

Oh hang on no, that all happened already.

This article just sums up what a sham the "boom years" were. What kind of boom leaves a country bankrupt, millions crippled by debt, and some of the worst state run services of any G7 country?

London is an embarrassment. And the fact there will be a few less arrogant prats bombing around the centre in brand new Audis isnt going to make a whole lot of difference.

So why havent prices droped so much yet then?

Peple are still holding out for way too high prices.

I was looking in EA window the other day in N London. Another bloke next to me, I said to him are these sellers living on the same planet I am, with these asking prices?

He said oh Im sure they will accept 10% even 20% bellow asking price. I laughed and said how Japan droped 80% and his face went white, I think he was trying to sell his house.

Yes London has further to fall than the rest of the country. In Japan Tokyo was worst affected by highest %age falls. It will be the same in London.

We are talking 50% down from the top. Maybe those in the 70% club will be proved right but Im staying in the 50% club by 2010.

chucky

novazombie wrote: »

So why havent prices droped so much yet then?

Peple are still holding out for way too high prices.

I was looking in EA window the other day in N London. Another bloke next to me, I said to him are these sellers living on the same planet I am, with these asking prices?

He said oh Im sure they will accept 10% even 20% bellow asking price. I laughed and said how Japan droped 80% and his face went white, I think he was trying to sell his house.

Yes London has further to fall than the rest of the country. In Japan Tokyo was worst affected by highest %age falls. It will be the same in London.

We are talking 50% down from the top. Maybe those in the 70% club will be proved right but Im staying in the 50% club by 2010.

maybe because the house prices won't be dropping by 80% as you dream of...

why did you post exactly the same thing on another thread
http://forums.moneysavingexpert.com/showpost.html?p=18747191&postcount=104
where you trying to get a point across?

novazombie

chucky wrote: »

maybe because they won't be dropping by 80% as you dream of...

Time will tell.........

chucky

novazombie wrote: »

Time will tell.........

i've been waiting for a year for the 40% widespread price drops to appear, but nothing yet

mitchaa

novazombie wrote: »

So why havent prices droped so much yet then?

Peple are still holding out for way too high prices.

Perhaps they have no choice, i mean if they owe £200k to their lender and are only offered £175k for their home, then it doesn't take the brains of Albert to see why houses are not selling. It's because they cant'

I was looking in EA window the other day in N London. Another bloke next to me, I said to him are these sellers living on the same planet I am, with these asking prices?

He said oh Im sure they will accept 10% even 20% bellow asking price. I laughed and said how Japan droped 80% and his face went white, I think he was trying to sell his house.

Japan - London, i fail to see the link

Yes London has further to fall than the rest of the country. In Japan Tokyo was worst affected by highest %age falls. It will be the same in London.

I agree London will fall the hardest purely based on the affordability index.

We are talking 50% down from the top. Maybe those in the 70% club will be proved right but Im staying in the 50% club by 2010.

18mths in and we are only 18% down, your 50/70% predictions are someway off yet;)

......As above

botchjob

novazombie wrote: »

Time will tell.........

Time will tell that you're way off the mark.

The way with London seems to be that people come here in their youth, make a few quid, cash their chips in, and then move out for a ‘better life’. The smart ones move well away and do whatever it is one does in the provinces. The less fortunate ones end up in the shires spending a fortune for the pleasure of commuting to the place they once called home, thereby having the worst of both worlds. And both sets of people tend to bore on endlessly about how they ‘used’ to live in London but that it’s now a horrible expensive place and they don’t know how on earth people live there.

But the best thing about living in London is that one doesn’t have to live nextdoor to broadminded, well adjusted, libertarians like Pandamonia. I’m not going to bother quoting Samuel Johnson but he had a point. Me, I’d quadruple the congestion charge and train fares to help keep *that lot* out.

chewmylegoff

botchjob wrote: »

But the best thing about living in London is that one doesn’t have to live nextdoor to broadminded, well adjusted, libertarians like Pandamonia.

and even if you do, you're never likely to meet them anyway!