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!

Food for thought.

Options
13»

Comments

  • eidand
    eidand Posts: 1,023 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Sounds like a bad position to be in, I am sympathetic even if it is her own fault.  This is one of the reasons I am pushing to buy within the next five years even though it is such a huge commitment for us.  How do you survive if you don't? I can't be paying the rent I pay now on the pension I'm likely to get.
    indeed. too many people think short term, when they should be thinking long term.
  • fatbeetle
    fatbeetle Posts: 567 Forumite
    Ninth Anniversary 500 Posts I've been Money Tipped!
    edited 15 February 2020 at 11:20AM

    Patrick Cox’s patience with London snapped when he was charged £3.50 for a cup of tea. For Amy Everett, it was the overcrowded commutes on trains that broke down so often she regularly worried she might never get home.

    The pair are part of a rising tide of Londoners moving out of the capital, revealed in new figures suggesting the popularity of settling in or returning to northern England has more than doubled since 2014. While in 2009 only 1% of people leaving London bought or rented homes in the north, in 2019 that figure reached 13%, data from the Countrywide network of estate and lettings agents shows.

    Sheffield, Leeds and Newcastle upon Tyne are experiencing the fastest rises among northern cities in the number of escapees arriving from the capital, according to separate data from the Office for National Statistics, which indicates a possible shift east of the London escape route from the well-worn path to Manchester. Sheffield had a 12% rise in Londoners moving to buy or rent in 2018, followed by Newcastle and Leeds, which both recorded 5% increases.

    https://www.theguardian.com/uk-news/2020/feb/14/rising-tide-of-londoners-moving-to-northern-england

    “If you trust in yourself, and believe in your dreams, and follow your star. . . you'll still get beaten by people who spent their time working hard and learning things and who weren't so lazy.”
  • zagubov
    zagubov Posts: 17,938 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    London's not amazingly affordable. Most housing here is expensive to rent and even more so to buy and the quality of accommodation would leave most outsiders underwhelmed by its, lets just say modesty's a more polite word than inadequacy.
    There is no honour to be had in not knowing a thing that can be known - Danny Baker
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.