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buying property in Reading
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Reading isn't 'Too Expensive' as stated above ..... it is priced at what those who live there want to pay.
That price level may be too much for you, but that alone doesn't make it too expensive as property sells ......Bringing Happiness where there is Gloom!0 -
Caroline_a wrote: »It depends on what you do!! and remember that a lot of the IT companies are rationalising ie making people redundant. HP have made swathing cuts as have some of the others. IT companies are now leaner than they have ever been!
I work in IT but for an end user employer, not an IT services one. Much better to work for the users - safer employment and no need to 'brown nose' clients.0 -
Reading isn't 'Too Expensive' as stated above ..... it is priced at what those who live there want to pay.
That price level may be too much for you, but that alone doesn't make it too expensive as property sells ......
True, in the sense that the local job market and social fabric decides what people can afford, but it's brutally harsh on the many who cannot afford to live there. Personally I wouldn't want to see Berkshire become a middle class ghetto for IT bods and London commuters.0 -
True, in the sense that the local job market and social fabric decides what people can afford, but it's brutally harsh on the many who cannot afford to live there. Personally I wouldn't want to see Berkshire become a middle class ghetto for IT bods and London commuters.
You are quite right ..... but, I used to live in Maidenhead, wife lived in Cookham ... I played and roamed around the area.
It hasn't changed in the 5 decades I have been part of the area ... it was, is, and will be expensive.
People would go to Thatcham, Newbury and Basingstoke to get more for their money in the 1970's.Bringing Happiness where there is Gloom!0 -
True, in the sense that the local job market and social fabric decides what people can afford, but it's brutally harsh on the many who cannot afford to live there. Personally I wouldn't want to see Berkshire become a middle class ghetto for IT bods and London commuters.
It already is.
Glad I've jumped ship. I will not pay £250k for a box.
I will leave the suckers to fall for it.0 -
They are not suckers falling for anything, are they?
They pay £250k for a house, which, in 5 years they sell for £500k - with people still saying they are suckers.
It's just the market in Berkshire is generally 'high'Bringing Happiness where there is Gloom!0 -
You are quite right ..... but, I used to live in Maidenhead, wife lived in Cookham ... I played and roamed around the area.
It hasn't changed in the 5 decades I have been part of the area ... it was, is, and will be expensive.
People would go to Thatcham, Newbury and Basingstoke to get more for their money in the 1970's.
Even the places you mention above have now become expensive.
Only that awful dump Slough is remotely affordable - as is anywhere near the M4 or a dual carriageway.0 -
They are not suckers falling for anything, are they?
They pay £250k for a house, which, in 5 years they sell for £500k - with people still saying they are suckers.
It's just the market in Berkshire is generally 'high'
They only sell it on for £500k if there is an inexaustible supply of suckers. Do the words "asset bubble" mean anything?0 -
harrys_dad wrote: »They only sell it on for £500k if there is an inexaustible supply of suckers. Do the words "asset bubble" mean anything?
If people earn enough and have enough cash to pay a high price then properties will be listed at high prices. Simple as that. We are all 'suckers' because we have to live within 'the system' - the only way to change that would be to have what happened in France in 1789, in Russia in 1917 or in Germany in 1933.0 -
I live in Berkshire and Bracknell is indeed a dump. They've been promising to modernise the town centre for at least a decade - I wait with baited breath. To the OP I'd suggest looking a bit further south, e.g. Camberley or Farnborough, if you want a "commuter town". I also quite like Basingstoke - much improved in the last 5-10 years. As for Reading being a hub of IT activity, I work in IT and when I was job hunting a few years back not one of the recruitment agents suggested any companies in the Reading area, despite me expressing a strong preference for a job in the area. All the best paid programming jobs either seem to be in London or Surrey.Why? The crime rate is actually worse in Reading. The only downside to Bracknell is that it's full of annoying roundabouts and the shopping centre is rubbish (although it is in the process of being improved).0
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