London is a joke (moan)

Jhoney_2

missbiggles1 wrote: »

That's the price for a 25% share!

Indeed.:)

Something has to give though doesn't it! We have already established from OP that they cannot afford anything they like that is within london zone and commuter friendly to both friends + family + work that he find's desirable and spacious.

lisyloo

I don't quite follow that logic.

The point is that you have to consider door-to-door times.
That includes - getting to the railway station, waiting for a train, waiting for a tube/bus and walk the other end.
I live 75 minutes rail jourmey from paddingon, but the door-to-door time is double which gives a daily 5 hour commute (assuming everything runs to time).

All that's being said is that a 1 hour rail journey could be a lot longer if you have to walk 20 mins to the train station etc.
A 90 min commute each way is 3 hours a day.
That might be fine if it's temporary or you're on your way to a glittering career, but otherwise it's quite a drag doing it every day.
Of course if you can work from home a few days then it might be ok, but not everyone can do that.

The trip from (say) King's Cross or Paddington or London Bridge to wherever the office is is the same whether you've got off a train at that terminus or shut your front door right next to the station.

understand your point (I live fairly central) but it isn't ON TOP OF the 1 hour commute, it's instead of.
So say 30 minutes would be fine, but 90 mins is not.

And you've clearly never tried to get from some of the GodAndTFLForesaken corners of even relatively inner London suburbia to the centre...

It can be slow in inner London agreed, but if you're already in the center you have the option of cycling, or perhaps going in early (I do both of those).

BTW - I have 2 places - one 5 hour total commte and one about 40 mins by cycle/tube (just to avoid confusion).

Jhoney_2

Was simply trying to put his aspirations into perspective. This is the world we live in that meets his criteria, how much it costs and how much one gets to own for the money.

Cornucopia

I lived in Central London for a while (Shad Thames, near Tower Bridge). It's something of a mixed bag in terms of convenience for different things.

On the plus side, I was 25 minutes walk/15 mins leisurely cycle to work. I had riverside and other bars and restaurants on the doorstep (probably 20 within 10 mins walk), which was great. And if I had to go to other work sites in the City, I could walk there, too. I was always up for going out after work, because getting home was never an issue.

However, what they don't tell you: nearest supermarket 2-3 miles away, and if you wanted to get to the other side of Central London, it could easily take 45 minutes. (If you commute from outside London, you'll often get a choice of London termini, taking you closer to your eventual destination).

duchy

benjus wrote: »

Two problems with that:


[*]If you work near the London terminus station where the train from where you live arrives then the one hour commute is fine. But if it's not near any terminus stations or you change jobs, you could easily add another 30-60 minutes to the commute getting from the terminus to your job. If you live within the London travel zones you're more likely to have more flexibility in getting to central London.
[/LIST]

Hmmm let me see 5 minutes walk from BR station circa £115K for a 2 bedroom terrace with a 100 foot garden trains go to Victoria, Waterloo, London Bridge, Cannon St , Kings X St Pancras so pretty much all sides of the centre. Monthly rail season ticket £372 4 week season ticket commuter coach service to central London as well as Docklands £280 .

Train is approx 40 mins
Area Medway

I was born in central London -my parents lived in Kensington and Holland Park before I was born - and then moved out first to SW London and then to Surrey to obtain the nice area/space they wanted with affordability. The OP is still at the "party" stage and living in inner London is great for that - but once space and a home rather than a base is needed that's the time to move out. OK he's a bit of a drama lama over the fact he has chosen a career that won't allow him to afford what he wants in London but in time the portability of that kind of career will benefit him.

Cornucopia

Did someone mention llamas?

japmis

I think they are alpacas!

anotheruser

My predictions for the future:

As more and more pressure comes to move services out of London, in the end, London prices will crash.

It may be the capital, but it'll just price all but those who live in Dubai out.

It's a shame really. If I were in Government, I'd say unless you have a British passport (or your company was "British"), you can't own any land/building in the UK.

AdrianC

anotheruser wrote: »

It's a shame really. If I were in Government, I'd say unless you have a British passport (or your company was "British"), you can't own any land/building in the UK.

Apart from being illegal, it'd shoot inward investment RIGHT in the foot...

<waves goodbye to millions of jobs>

duchy

anotheruser wrote: »

My predictions for the future:

As more and more pressure comes to move services out of London, in the end, London prices will crash.

It may be the capital, but it'll just price all but those who live in Dubai out.

It's a shame really. If I were in Government, I'd say unless you have a British passport (or your company was "British"), you can't own any land/building in the UK.

This has been predicted for decades .................. still no nearer to happening.

The only way to force a London property crash now would be to make foreign investment in property financially unattractive........and no party would be prepared to risk the foreign investment in industry leaving with it.