We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
7x average income, topped out
Comments
-
New York has the same population as London but in half the space, so it's certainly possible to double Londons population density if you have the appropriate infrastructure
But we won't be removing the Royal parks (green, st james, hyde etc) or buckingham palace etc anytime soon.
Personally I don't think we should build loads more just to make housese cheaper.
There are other things we could do like penalising empty properties, 2nd homes, btl, foreign buyers etc. rather thn tarmaccing the earth.0 -
But we won't be removing the Royal parks (green, st james, hyde etc) or buckingham palace etc anytime soon.
Personally I don't think we should build loads more just to make housese cheaper.
There are other things we could do like penalising empty properties, 2nd homes, btl, foreign buyers etc. rather thn tarmaccing the earth.0 -
The ONS have projected 2m more people in the London area within a decade.
Even within this, 1m of those will be Newham/East end.
I'm not knowledgeable on this, but do you even have enough space for a million new homes in London?
Is it time to drop greenbelt protection there?0 -
I'm not sure if dropping green belt itself would solve the problem as inside m25 it's mostly to east where transports links aren't that good.
Hasn't 30 billion of public money gone into Crossrail, Crossrail 2?
I'm sure I read somewhere that London has the highest per capita spend on transport in the UK.
In some ways you can understand it. It's very difficult to upgrade major developed cities. Hong Kong built an island for their airport!0 -
New York has the same population as London but in half the space, so it's certainly possible to double Londons population density if you have the appropriate infrastructure
(https://www.6sqft.com/maps-compare-nycs-footprint-to-other-cities-around-the-world/)
You will need attitude changes too I suspect.
That Centre Point high end development is being left half empty. If they had developed smaller/good value units I am sure they would have all been sold. Are high end developers chasing a dwindling market?
I bet it will take decades to solve London housing, if at all.0 -
Hasn't 30 billion of public money gone into Crossrail, Crossrail 2?
I'm sure I read somewhere that London has the highest per capita spend on transport in the UK.
In some ways you can understand it. It's very difficult to upgrade major developed cities. Hong Kong built an island for their airport!0 -
In general I don't think the currently planned improvements are going to make things better, they are just going to stop it getting much worse.
We had over 4 years of M60 gridlock on a stretch of the motorway, for some smart signs "upgrade".
The predicted saving? A few minutes per journey, though nobody really believes it will come to fruition.
I do believe that some parts of our transport network are close to capacity for big chunks of the day.0 -
We had over 4 years of M60 gridlock on a stretch of the motorway, for some smart signs "upgrade".
The predicted saving? A few minutes per journey, though nobody really believes it will come to fruition.
I do believe that some parts of our transport network are close to capacity for big chunks of the day.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.5K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards