Debate House Prices


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London Housing Shortage -Long distance commuters push up prices elsewhere

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  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    I mean, we all know London has a staggering shortage of housing, but the best part of a million people commuting from elsewhere in the UK?

    Article notes the biggest growth is commuters from the Midlands.

    Most of these people will be coming from the South East/Eastern regions. The growth from the Midlands may be the biggest, but the base is way lower by comparison.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    when you could get a train in

    The trains doesn't stop in central London.
    If you're lucky to work near a train station then great, otherwise you have up to 30 minutes onward journey.
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    lisyloo wrote: »
    The trains doesn't stop in central London.
    If you're lucky to work near a train station then great, otherwise you have up to 30 minutes onward journey.

    I worked in Central London for 10 years. 5 minute walk to the train station 25-35 minute train (depending on which one I got), 10 minute walk the other end.

    If I lived in London, I'd still need to walk to the tube and the other end from the tube station. I'd probably save 5 minutes on my walk by going to a tube station, but that's assuming no changes. I'm pretty sure it would take longer, but it would be cheaper. However living there would be more expensive.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • padington
    padington Posts: 3,121 Forumite
    edited 3 August 2014 at 6:53PM
    It won't be long until the 'pod hotel' idea comes to London. Tiny space to crash but really lively social club/ bar/ spa thing making 'working holidays' relatively cheap but also a right laugh.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    i'm a fairly massive unfan of long-distance commuting compared to staying in london.

    it's highly questionable to me that you [assuming a working father & stay-at-home mother, not unreasonably so given that 'two commuter' families are pretty much impossible] are doing your kids [and wife of course] a big favour by, on the one hand:

    (a) making sure they each have their own spacious bedroom & that there are relatively few non-native speakers at their school; but on the other

    (b) hardly seeing them other than at weekends & on holidays.

    Many London primary schools are really very decent.
    FACT.
  • padington
    padington Posts: 3,121 Forumite
    edited 3 August 2014 at 7:21PM
    i'm a fairly massive unfan of long-distance commuting compared to staying in london.

    it's highly questionable to me that you [assuming a working father & stay-at-home mother, not unreasonably so given that 'two commuter' families are pretty much impossible] are doing your kids [and wife of course] a big favour by, on the one hand:

    (a) making sure they each have their own spacious bedroom & that there are relatively few non-native speakers at their school; but on the other

    (b) hardly seeing them other than at weekends & on holidays.

    Many London primary schools are really very decent.

    I'm a fan of more bright minds coming to London for short spells, it will enrich London, it should be encouraged.

    Live the country dream and have a really happening working half week. Most jobs only require you to be in the office for three days of meetings max, the rest could be done at home.

    Three days away, two days working at home, two days off. It would break up the week well.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    vivatifosi wrote: »
    I worked in Central London for 10 years. 5 minute walk to the train station 25-35 minute train (depending on which one I got), 10 minute walk the other end.

    If I lived in London, I'd still need to walk to the tube and the other end from the tube station. I'd probably save 5 minutes on my walk by going to a tube station, but that's assuming no changes. I'm pretty sure it would take longer, but it would be cheaper. However living there would be more expensive.

    A property very close to a prime commuter station is going to be very expensive so property price savings won't be great. If you are working next to the station the train stops at then your commute will be ok. As is normally the case you will work somewhere else and so you have to use the tube and/or bus. The train station will have one or two tube lines to choose from and there can be a long transfer time. If you are London you can position yourself on the line you need to get you to work most efficiently and you pay very little cost commuting compared to trains from outside. The one thing I notice the most is that train issues effect people commuting into London more frequent. Severe issues can mean not just being late but also not being able to travel to work at all. Issues in the evening can be very stressful when trying to get home. Living in London there is always a way to get in or home. There are a number of backup options to avoid issues.
  • padington
    padington Posts: 3,121 Forumite
    AndyGuil wrote: »
    A property very close to a prime commuter station is going to be very expensive so property price savings won't be great. If you are working next to the station the train stops at then your commute will be ok. As is normally the case you will work somewhere else and so you have to use the tube and/or bus. The train station will have one or two tube lines to choose from and there can be a long transfer time. If you are London you can position yourself on the line you need to get you to work most efficiently and you pay very little cost commuting compared to trains from outside. The one thing I notice the most is that train issues effect people commuting into London more frequent. Severe issues can mean not just being late but also not being able to travel to work at all. Issues in the evening can be very stressful when trying to get home. Living in London there is always a way to get in or home. There are a number of backup options to avoid issues.

    This is where Brompton bikes become really handy. The bike made in and for London.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    My advice would be to live and work in the Midlands but earn London wages.
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    Lifes too short to spend it in a tin can watching your life go by..... what ever happened to home working?


    Seriously, if home working took off it would reduce hot spots of expensive housing?
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