London Has Peaked

remorseless

cells wrote: »

there was no mass immigration in the 70s certainly not like it is now (in fact i think the 70s was a decade of people leaving the uk rather tan coming to it)

hmmm apologies for being like a broken record, but I would not call the current immigration to the UK as 'mass immigration'.

Actually, I don't believe the UK has ever experienced mass immigration. The United States, Canada, Australia back in the days, maybe... now there's at most just controlled immigration and the UK is still far from ridiculously 'mass migration' volumes.

Jack_Johnson_the_acorn

Crashy_Time wrote: »

And certainly not for the mentalists who bet the farm on I.O HPI Forever, no Sir, they should be looking for the Andrex puppy pretty soon IMO. I agree with you though that the notion of "London" is just VI claptrap designed to get people into the city spending and borrowing like morons, many Chinese and others seem to lap it up though?

Haven't posted or visited in a while, thought I best check in on the usual crackpots, I see crashy is still "crashy"..... How are things on the outskirts of Edinburgh in that HMO hell hole?

Crashy_Time

Jack_Johnson_the_acorn wrote: »

Haven't posted or visited in a while, thought I best check in on the usual crackpots, I see crashy is still "crashy"..... How are things on the outskirts of Edinburgh in that HMO hell hole?

If you think 10 minutes from Princes St. is the "outskirts" of Edinburgh you need to brush up on your geography my nutty friend. Hope you managed to "buy" in the right location :rotfl:


Has your house turned up on the HPC "New build Losers" thread yet? :rotfl:

danothy

Crashy_Time wrote: »

If you think 10 minutes from Princes St. is the "outskirts" of Edinburgh you need to brush up on your geography

Is that ten air minutes?

Jack_Johnson_the_acorn

Crashy_Time wrote: »

If you think 10 minutes from Princes St. is the "outskirts" of Edinburgh you need to brush up on your geography my nutty friend. Hope you managed to "buy" in the right location :rotfl:


Has your house turned up on the HPC "New build Losers" thread yet? :rotfl:

I don't know Edingburgh and I don't actually believe you live a HMO, I was taking the mick my unfortunate friend. Sorry if it touched a nerve.

My house was built in 1900 so judging by the title "New build Losers" I'm going to say "no".

Are prices in Edingburgh significantly reduced for you to be able buy? My house has bloody risen in price since we last spoke, Hope your house buying dreams are realised sooner rather than later.

P.S has London peaked?

cells

London prices (real terms) will peak about a decade after its population peaks.

if the aim is to stop London prices (both residential and commercial) further diverging from the rUK then there needs to be a way to limit or stop London population growth.

That might be achieved if 20,000+ council homes a year are sold in London and a housing benefit cap for all including workers needs to be implemented. Thats the only way London can peak this or next decade. Otherwise prices are going to get insane and with some very modest homes in Z2 renting for £30k a year they are pretty crazy already.

Crashy_Time

Jack_Johnson_the_acorn wrote: »

I don't know Edingburgh and I don't actually believe you live a HMO, I was taking the mick my unfortunate friend. Sorry if it touched a nerve.

My house was built in 1900 so judging by the title "New build Losers" I'm going to say "no".

Are prices in Edingburgh significantly reduced for you to be able buy? My house has bloody risen in price since we last spoke, Hope your house buying dreams are realised sooner rather than later.

P.S has London peaked?

Have lived in HMO`s in the past, but they were pretty plush ones, in the best Edinburgh postcodes. I don`t know if they were registered as official HMO`s but there were a few of us in there anyway. Hold on to the warm feeling about your house price, nothing is guaranteed in this environment.

Crashy_Time

cells wrote: »

London prices (real terms) will peak about a decade after its population peaks.

if the aim is to stop London prices (both residential and commercial) further diverging from the rUK then there needs to be a way to limit or stop London population growth.

That might be achieved if 20,000+ council homes a year are sold in London and a housing benefit cap for all including workers needs to be implemented. Thats the only way London can peak this or next decade. Otherwise prices are going to get insane and with some very modest homes in Z2 renting for £30k a year they are pretty crazy already.

When developers start offloading (or trying to) stock, London will crash.

Mummyisbeauty

remorseless wrote: »

hmmm apologies for being like a broken record, but I would not call the current immigration to the UK as 'mass immigration'.

Actually, I don't believe the UK has ever experienced mass immigration. The United States, Canada, Australia back in the days, maybe... now there's at most just controlled immigration and the UK is still far from ridiculously 'mass migration' volumes.

But huge difference between UK and those countries is size tbh. Population density in those countries is a lot smaller than that in UK, especially around London.
Perhaps 7 times the population density of the US, 80 times that of Australia and 16 times that of New Zealand.

Although only estimates it is still a huge difference.

michaels

remorseless wrote: »

hmmm apologies for being like a broken record, but I would not call the current immigration to the UK as 'mass immigration'.

Actually, I don't believe the UK has ever experienced mass immigration. The United States, Canada, Australia back in the days, maybe... now there's at most just controlled immigration and the UK is still far from ridiculously 'mass migration' volumes.

More than 42% of inner london residents were born outside the UK, I can't find numbers for those whose parents were born outside the UK but to me of the order of half the population being immigrants would fit most definitions of mass migration?