Where's going to be the next hotspot?

chewmylegoff

padington wrote: »

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

Shame it is still a sh1thole!!!

padington

MARTYM8` wrote: »

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

I've got wood peckers, blue tits, great tits, wag tails, swallows, owls, wrens, park, cinema, post office, police station, recycling centre, library, Tube, overground, shopping centre, starting gate pub, art studios, council help desk, secondary school, two primary schools and the foothills of Alexandra palace within a stones throw from my front door.

To get to work in Euston for 10am all I need to do is leave the house by 9.30am. Getting to Heathrow is a doodle. It's also surrounded by nice places but only costs a third of the price of them.

It's got all the hall marks of a hotspot if you ask me.

It has a little bit !!!!!! here and there but that's what you should be sniffing out for.

Where there's muck, there's luck.

Generali

I CBA to do the research but I'd be looking at somewhere on Crossrail outside London which will go from being inacessable to Central London to commutable. Or on HS2.

I'd be very wary of London as a short term bet right now. It's looking quite toppy.

MJ12

I would guess that cities in developed countries with recognition of property ownership that had recently suffered economic problems would be good candidates. So the PIGS... Portugal, Ireland, Greece and Spain.

In the mid-long term, Germany, Austria and Hungary would be good candidates, which I heard are taking on quite a few migrants. More people, more demand for housing. When these extra people settle down they may become prosperous and help increase the economic output of these countries.

In the extra long term, cities in war-torn countries, e.g. Damascus, Syria. PMC services may be required to assert ownership.:D

chucknorris

MARTYM8` wrote: »

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

So you are looking for a cheap area of London, where there is no crime? Good luck :rotfl::rotfl:

We took a punt on Tottenham Hale in 2008, we aren't disappointed with what has happened so far. I wouldn't want to live there in my current circumstances, but if I was starting out, I probably would buy there (to live).

wymondham

The next hotspots will be furthest away from eastern European borders I would suspect, so maybe Ireland?

DTDfanBoy

wymondham wrote: »

The next hotspots will be furthest away from eastern European borders I would suspect, so maybe Ireland?

I don't know about that, give me two farms either side of the border and £100,000 to spend on mining equipment and set-up costs and I'll produce some yields that will blow your mind

Crashy_Time

China?:beer::j

Generali

Crashy_Time wrote: »

China?:beer::j

You'd have to be nuts....ah I see.

You can't buy land in China, for residential use it is granted to you for 70 years and may be subject to confiscation under law. Most cities outside Tier 1 don't even have a properly functioning housing registry.

Crashy_Time

Generali wrote: »

You'd have to be nuts....ah I see.

You can't buy land in China, for residential use it is granted to you for 70 years and may be subject to confiscation under law. Most cities outside Tier 1 don't even have a properly functioning housing registry.

I meant China is going to be one of the things that finally brings down the global Ponzi, including UK property, but you knew that already I imagine.