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Should we buy in London? FTB.
Comments
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I say forget about it.
Rent in a decent (not posh, but not completely crap) part of London which gives you a reasonable lifestyle for your 2 or 3 years and enjoy your time in the city.
Financially I reckon you won't end up worse off after all the buying/selling costs (I doubt prices are suddenly going to JUMP) and you'll have a better time than living somewhere out in zone 63.
It's a fair point. I've lived in London for 17 years and always between SE10 and SE1 and I did a stint as a letting agent so I have a fair idea of what I'm letting myself in for - no pun intended - when I move somewhere. Unless you've got the capitol to buy somewhere you KNOW is really nice (desirable conservation zone street in Brockley, Dulwich or Blackheath) then you've no idea what the place is like.0 -
jeffrey_williams wrote: »Hey there,
In london according to a article published in this money you can possibly buy a property somewhere near South East London's Thamesmead areaeven though profit is not something that you are looking at but the property must reap some profits as it would help you when you are buying a property up north.
Thamesmead!
It's a total dump. A really nasty area....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0
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