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London madness

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Comments

  • TrixA
    TrixA Posts: 452 Forumite
    Tenth Anniversary 100 Posts Name Dropper
    michaels wrote: »
    What about a train commute suburb instead, generally the schools are better and you get much more for your money although of course there is the season ticket to factor in but train tickets only go up at RPI not like mortgages tht can double if interest rates rise.

    Yes, would certainly consider it, particularly if commutable to King's Cross/Euston. Also, at the moment we save a lot of money through not owning a car, so wouldn't want to move somewhere where that was a necessity.
  • cells
    cells Posts: 5,246 Forumite
    TrixA wrote: »
    One man's trash....

    Seriously, while not my dream area, Walthamstow is a lot of the things I love about London. Multicultural, tolerant, liberal, vibrant, good access to lovely green spaces and a few tube stops from almost unlimited things to do.

    I'd welcome alternative suggestions about where to move, but not if they're areas where everyone looks the same, votes UKIP, and there's nothing to do in the evenings but sit around watching telly.


    what is it that everyone in London is doing thats different from the rest of the country that makes london the place for people who dont want to "sit around watching telly in the evenings"


    From my experience of having lived both in and out of London, the difference is that people outside London sit around watching telly in the evenings, and people inside London sit around on a bus or tube wishing they were at home watching telly
  • BillJones
    BillJones Posts: 2,187 Forumite
    TrixA wrote: »
    One man's trash....

    Seriously, while not my dream area, Walthamstow is a lot of the things I love about London. Multicultural, tolerant, liberal, vibrant, good access to lovely green spaces and a few tube stops from almost unlimited things to do.

    I'd welcome alternative suggestions about where to move, but not if they're areas where everyone looks the same, votes UKIP, and there's nothing to do in the evenings but sit around watching telly.

    Limehouse, Rotherhithe, Millwall, Hackney Fields, Dalston, Bow, Stepney, Stratford, Leyton, Leytonstone...
  • TrixA
    TrixA Posts: 452 Forumite
    Tenth Anniversary 100 Posts Name Dropper
    cells wrote: »
    With Land Reg of +4% for london last month.

    London Housing Stock Price increase Last month = about £70B

    London GDP last month = about £30B

    House prices in London are increasing at more than twice the level of the sum of all value added in the city! And that is crazy


    But it is justified, the current residents like the OP need to be forced out to make room for richer folk and the only way that is going to happen is with higher and higher prices

    Call me traditional, but I think it's better for the country in the long run if people have an incentive to do productive work, rather than speculate in property. I'm not rich, but I have a PhD in the life sciences, and allegedly London wants more people like me.
  • cells
    cells Posts: 5,246 Forumite
    TrixA wrote: »
    Yes, would certainly consider it, particularly if commutable to King's Cross/Euston. Also, at the moment we save a lot of money through not owning a car, so wouldn't want to move somewhere where that was a necessity.

    the simple truth is that without a time machine anyone who is not wealthy has only two options in London

    accept that they can only buy something they are not happy with in a lcoation they are not happy with and try to make the best of it.

    Or do what thousands (perhaps even as many as 200,000 a year) do and leave London and move to another region in the UK


    as for your "now or never" regarding kids. If you two are sure you want them, just do it. You cant make life fit you, you can and will manage to make you and your family fit what life gives you.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    cells wrote: »
    what is it that everyone in London is doing thats different from the rest of the country that makes london the place for people who dont want to "sit around watching telly in the evenings"


    From my experience of having lived both in and out of London, the difference is that people outside London sit around watching telly in the evenings, and people inside London sit around on a bus or tube wishing they were at home watching telly

    that's strange, because most people in London have shorter journey times that people outside.
  • TrixA
    TrixA Posts: 452 Forumite
    Tenth Anniversary 100 Posts Name Dropper
    cells wrote: »
    what is it that everyone in London is doing thats different from the rest of the country that makes london the place for people who dont want to "sit around watching telly in the evenings"

    From my experience of having lived both in and out of London, the difference is that people outside London sit around watching telly in the evenings, and people inside London sit around on a bus or tube wishing they were at home watching telly

    Well I can't speak for all Londoners, but my hobby is circus aerials, which you certainly can't do in the provinces. We haven't owned a TV in five years, not because we have anything against TV, it's just that our old TV broke and we realised we never watched it enough to justify the licence fee anyway.
  • cells
    cells Posts: 5,246 Forumite
    TrixA wrote: »
    Call me traditional, but I think it's better for the country in the long run if people have an incentive to do productive work, rather than speculate in property. I'm not rich, but I have a PhD in the life sciences, and allegedly London wants more people like me.

    It is not speculation

    London is a very rare exampe of a city which saw a rapid depopulation (1951-1991 the population shrank by 1.25 million) during a period of good build rate (some 1 million more homes were built in London during 1951-1991)

    that then followed by a massive increase in population (1991-2014 population up by 1.5 million) during a period of not enough built.
  • TrixA
    TrixA Posts: 452 Forumite
    Tenth Anniversary 100 Posts Name Dropper
    BillJones wrote: »
    Limehouse, Rotherhithe, Millwall, Hackney Fields, Dalston, Bow, Stepney, Stratford, Leyton, Leytonstone...

    Thanks. We looked at a few places in Dalston a while back but didn't find it especially affordable then. Will check out some of the others.
  • cells
    cells Posts: 5,246 Forumite
    CLAPTON wrote: »
    that's strange, because most people in London have shorter journey times that people outside.


    can you clarify? is there some sort of stat for that you are alluding to?

    my experience has been the complete opposite having lived in and out of London

    In london it takes me close to 3 hours. and a LOT LONGER if there are roadworks or accidents

    Having lived also in five other cities/towns in the UK with varying distances of travel it has never taken me more than 30 minutes to get to and from work
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