Affordable Housing London-Style

lisyloo

Do men actually do that in public?

I doubt it would openly happen if there was an adult present.

I accept it's more harrassement rather than genuine threat but having to escort your children to school and your wife not going out on her own after dark are all things you'd have to factor in if you decide to live in such an area.

I personally have no desire to purchase in a dodgy area because I believe people do get mugged and assulted and that's not a price I'm prepared to pay. Also if the market does stall then less deireable places could suffer.
The counter argument is that as "nice" people move into the area then it becomes gentrified and nice restaurants/shops etc. open as has happened in Brixton.
The price for getting the benefit of large HPI is being part of that process of gentrification from the beginning.

I'm not trying to knock these places because I'm sure if you're born and bred there and are streetwise then I'm sure they are fine, but as an outsider I wouldn't be comfortable. Brixton is a melting pot, but tourists and outsiders still stand out like a sore thumb and are easy pickings for those who want to take advantage.

kabayiri

lisyloo wrote: »

Absolutely. Bangalore not Balckburn.
No employer is going to move to make things easier for other people, why would they. They will act in the interests of their shareholders - that's capitalism.

There can be wider factors.

The BBC have spent serious sums relocating some of it's work to the likes of Salford and Glasgow.

Long term they will see positive returns. Selling off valuable London property will no doubt help.

I can see why Salford is improving. The metro links make it much more accessible, and it's changing the character of the place.

I'm not sure why Blackburn should do well in the study. It's a bit remote. Maybe someone from Blackburn can tell us on here?

lisyloo

There can be wider factors.

Yes I don't doubt that for some businesses it would work, especially those that own property., if they can afford to take a long term view.
However there seems to be more office space being built in London.
In recent years it seems the economy and good jobs have become MORE London centric not less (that's why I'm here).