Where's going to be the next hotspot?

remorseless

There were times when in the UK (and other countries*) housing was not so expensive.
Where do you think it's going to be the next hot spot?

Or that is, do you think it's only ever going to be those countries and prices are only going to go up-up-up because people will find money on trees to pay for it?

*UK, Australia, NZ, Holland, United States, etc

caronoel

remorseless wrote: »

There were times when in the UK (and other countries*) housing was not so expensive.
Where do you think it's going to be the next hot spot?

Or that is, do you think it's only ever going to be those countries and prices are only going to go up-up-up because people will find money on trees to pay for it?

*UK, Australia, NZ, Holland, United States, etc

Have a read of this.
http://www.knightfrank.com/global-cities-index-2015/articles/prime-property-investments/house-prices-forecast/

If it doesn't tell you what you need to know, please revert with a more coherent question

Your original post is barely intelligible

chewmylegoff

If anyone knew where the next hotspot was going to be it would already be the next hotspot as all the capital would already have flooded there.

the_flying_pig

caronoel wrote: »

Have a read of this.
http://www.knightfrank.com/global-cities-index-2015/articles/prime-property-investments/house-prices-forecast/

If it doesn't tell you what you need to know, please revert with a more coherent question

Your original post is barely intelligible

can't be right, surely. it predicts flat prices for london & says stuff like:

"...Investors and developers will have to accept that recent returns have been supercharged by government market support, and features like cheap finance, delivered through ultra-low interest rates, and the ability of quantitative easing to hold down the rate of alternative investment returns, will begin to be removed from 2015."

the properdistas on here have explained in great detail how none of the above is true.

cells

Cities will outperform lower density areas as building up is a lot more difficult than building outwards. As a result prices in cities have to be higher and diverge further to allow for the expensive processes of getting hundreds of titles together to knock down a block/street/estate and to rebuild at twice the density.

The London councils are doing this now by knocking down some of their Estates and rebuilding at twice the density. I reckon in fifty years if not a lot sooner they will retreat not having rebuilt at 10x the density rather than 2-3x

padington

Buy in an up and coming area in an up and coming city in a up and coming country.

I would suggest relatively cheap areas in North or East London would be very sensible. I also think Brighton or Birmingham could be a good bet also.

the_flying_pig

padington wrote: »

Buy in an up and coming area in an up and coming city in a up and coming country.

I would suggest relatively cheap areas in North or East London would be very sensible. I also think Brighton or Birmingham could be a good bet also.

Nothing if not consistent :rotfl:

C'mon, what you really mean is that specifically your flat is going to increase in value, right? Twenty years from now a flat in Wood Green is going to be worth roughly the same as the county of Somerset, right?

padington

the_flying_pig wrote: »

Nothing if not consistent :rotfl:

C'mon, what you really mean is that specifically your flat is going to increase in value, right? Twenty years from now a flat in Wood Green is going to be worth roughly the same as the county of Somerset, right?

Wood Green has got a lot more to go believe you me.

1) Key strategic Part of haringey
2) Key strategic part of London
3) Cross rail coming to Turnpike Lane
4) Cross rail coming to Ally Pally overground
5) 24 hour tube coming to Wood Green tube
6) Ally Pally getting a 25 million refurb
7) Massive development planned in the creative quarter
8) High street just enjoyed a massive refurb
9) Population growing very fast

princeofpounds

Key strategic Part of Haringey

Although I have no bone to pick with your other reasons, I have to admit this made me laugh.

padington

princeofpounds wrote: »

Although I have no bone to pick with your other reasons, I have to admit this made me laugh.

Page 41 7.1

http://www.haringey4020.org.uk/haringey_bip.pdf

MARTYM8`

padington wrote: »

I would suggest relatively cheap areas in North or East London would be very sensible. I also think Brighton or Birmingham could be a good bet also.

Where are these relatively cheap areas in north and east London - and are they places you would feel happy walking around after dark?

PS Any reason you are talking up Wood Green - don't you live there?!! Such a charming area too.

http://www.standard.co.uk/news/crime/tottenham-double-shooting-two-victims-treated-at-the-scene-following-incident-on-lordship-lane-10381765.html