Debate House Prices


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House Prices Up....

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Comments

  • economic
    economic Posts: 3,002 Forumite
    AFF8879 wrote: »
    So true. I work for a large US bank in London that has an operations processing centre in a much cheaper UK area. They tried moving a couple of more technical / qualified roles out from London to that site but have since had to move everything back because they just couldn't get decent enough talent.

    jp morgan?
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    p1212 wrote: »
    It's not a conspiracy theory, it's not a secret, even Carney and Osborne identified BTL as a risk to financial stability multiple times and started the tightening.

    I suppose they actually did not want this to happen, they just wanted a bit more transactions, a bit more construction so GDP goes up, but they underestimated the stupidity and greed of people, hence they managed to create the biggest bubble ever in London.
    What action did Carney and Osborne take to inflate bubble ?
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    p1212 wrote: »
    So if population is increasing in London why exactly cannot we build on the vast agricultural areas within and around the M25?

    What use we have from having agricultural fields right next to millions of jobs, instead of building houses there and letting people live where jobs are and do the agriculture thing a bit further out?
    I think I've asked you before but where are these vast agricultural areas within the M25.
  • p1212
    p1212 Posts: 153 Forumite
    ukcarper wrote: »
    I think I've asked you before but where are these vast agricultural areas within the M25.

    Just open google map and check it yourself.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    p1212 wrote: »
    Just open google map and check it yourself.
    No don't just look at google maps and tell me I know the area inside m25 quite well and know in what areas most of open land is and there is not vast amounts.
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Yes there are some very large and beautiful parks within the M25, much loved by the locals. Pave them over?
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    buglawton wrote: »
    Yes there are some very large and beautiful parks within the M25, much loved by the locals. Pave them over?
    That's the point there are green spaces inside the m25 but not vast amounts of agricultural land suitable for building on and much of what there is is in areas with poor transport links.
  • p1212
    p1212 Posts: 153 Forumite
    buglawton wrote: »
    Yes there are some very large and beautiful parks within the M25, much loved by the locals. Pave them over?

    Just look for the M25 and follow its course all around, even a monkey could do that. 90% is agricultural area on both sides.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    p1212 wrote: »
    Just look for the M25 and follow its course all around, even a monkey could do that. 90% is agricultural area on both sides.

    For a start you said inside and secondly 90% is not agricultural Land, there is agricultural Land inside m25 but not vast amounts and a lot of what there is is not suitable for building on, have you ever looked with your own eyes instead of just looking at Google Earth. I drive around M25 regularly do you.
  • p1212
    p1212 Posts: 153 Forumite
    ukcarper wrote: »
    For a start you said inside and secondly 90% is not agricultural Land, there is agricultural Land inside m25 but not vast amounts and a lot of what there is is not suitable for building on, have you ever looked with your own eyes instead of just looking at Google Earth. I drive around M25 regularly do you.

    Look a random spot on the M25 with vast agricultural areas INSIDE:

    https://www.google.co.uk/maps/place/London/@51.2847536,-0.1981846,7318m/data=!3m1!1e3!4m5!3m4!1s0x47d8a00baf21de75:0x52963a5addd52a99!8m2!3d51.5073509!4d-0.1277583

    another:

    https://www.google.co.uk/maps/place/London/@51.2944155,-0.0383679,7317m/data=!3m1!1e3!4m5!3m4!1s0x47d8a00baf21de75:0x52963a5addd52a99!8m2!3d51.5073509!4d-0.1277583

    How many more you want?
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