Another property market boom?

RHemmings

pawpurrs wrote:

fairly good salary at 70k, Wish my Dh was earning that! Isnt the average uk salary less than 20k?!?!

Let alone the more informative median salary.

natwill_3

I am early 30's, prof, alot of my friends earn this and work in London...outside London prob earn 50k maybe I don't know.

Bearing in mind receptionists where I work earn 30 odd people can still afford sadly to buy in London even now when prices are so high

lynzpower

Mascara Minx- couldnt agree more

Plus whne I see what people pay to run a car :eek: m thrilled that in london is one place that I will never need one :T

RHemmings

lynzpower wrote:

Mascara Minx- couldnt agree more

Plus whne I see what people pay to run a car :eek: m thrilled that in london is one place that I will never need one :T

Don't quite a few cities and towns have quite good public transport? I don't think you need a car in Brighton. The buses are slower than the tube, but the whole place is smaller, meaning similar travel times.

natwill_3

MascaraMinx wrote:

I originate from the North but like living in london because..........

I get paid more & there are many more career opportunities, it's very easy to get around, despite high crime I feel relatively safe as a female travelling around due to numbers of people, social scene is great, stores and bars are open all the time, there's always something new to do/ experience, there is a lot of history to be appreciated, I enjoy the diversity and multi-culturalism..... I could go on.

If I had kids I would move back up north. But the reasons above are some of the many reasons why thousands of "stupid people" such as myself will pay over the odds for a property.

To the OP - try looking in areas outside of Zones 1 and 2 that are on reasonable transport links and you should find housing available roughly £100k below the asking prices you are seeing

Agreed with all of that!

MascaraMinx

RHemmings wrote:

Don't quite a few cities and towns have quite good public transport? I don't think you need a car in Brighton. The buses are slower than the tube, but the whole place is smaller, meaning similar travel times.

Yes - and check out the house prices in Brighton RHemmings! I think you'll find they are probably on a par with London - but without the massive job opportunities (although within commutable distance of London if that's what floats your boat)

wymondham

Just to stir things up, you can get a 7 bedroomed house in Lowestoft for 135k. how many bedrooms does 300k get you in London ??!! :beer:

lynzpower

Whats the average earnings though in Lowestoft, I heard its pretty deprived
?

wymondham

up and coming! was bad but much better these days... (well kept secret!)

MascaraMinx

I wonder how many bedrooms it will get you in Khazakstan (sp) I hear the climate is good out there