Will the north properties prices catch up

AskAsk

RelievedSheff said:

AskAsk said:

whirlyhead said:

I sold a house in london and bought one near Manchester 20 years back.  The house up north was not cheaper than the house down south, and wasn't bigger either.  Also never get why people say northerners are friendlier than southerners, I found londoners perfectly friendly and up north (where I'm originally from) they are often not remotely friendly.

it is a general statement about properties in the south being expensive, which they are in desirable areas, but there are cheap areas that is quite affordable to someone coming down from the north.  the price in desirable areas are just mind blowing, which is why people say that properties in the south is expensive.

london property price has increased a lot in the last 20 years.  if you had stayed in london and kept your house, you would have probably become a millionaire by now.

if anything, the price differential between the north and the south is increasing with time and not reducing.

But why would someone living in a nice area in the North want to move to a less desirable area in the South?

Circumstance.  They may have to relocate because of their job.  To look after elderly or sick relations or to be nearer to their family when they are older.

People don't always have a choice of where they live.  A lot of people who live in London don't actually want to be there, but that is where their job is.

Scotbot

AskAsk said:

RelievedSheff said:

AskAsk said:

whirlyhead said:

I sold a house in london and bought one near Manchester 20 years back.  The house up north was not cheaper than the house down south, and wasn't bigger either.  Also never get why people say northerners are friendlier than southerners, I found londoners perfectly friendly and up north (where I'm originally from) they are often not remotely friendly.

it is a general statement about properties in the south being expensive, which they are in desirable areas, but there are cheap areas that is quite affordable to someone coming down from the north.  the price in desirable areas are just mind blowing, which is why people say that properties in the south is expensive.

london property price has increased a lot in the last 20 years.  if you had stayed in london and kept your house, you would have probably become a millionaire by now.

if anything, the price differential between the north and the south is increasing with time and not reducing.

But why would someone living in a nice area in the North want to move to a less desirable area in the South?

Circumstance.  They may have to relocate because of their job.  To look after elderly or sick relations or to be nearer to their family when they are older.

People don't always have a choice of where they live.  A lot of people who live in London don't actually want to be there, but that is where their job is.

Very true. I relocated from the Midlands to the SE for work, had a tiny house under the Heathrow flignt path. Hated it.  Now in semi retirement have sold up and moved back to what is a much nicer area and a blissfully quiet detached property. 

mattyprice4004

Even when completed, HS2 won't make the North a viable commute to London - it'll still be 2 hours or so each way, and having done an hour and a half each way commute in the past it won't be popular!

RelievedSheff

AskAsk said:

RelievedSheff said:

AskAsk said:

whirlyhead said:

I sold a house in london and bought one near Manchester 20 years back.  The house up north was not cheaper than the house down south, and wasn't bigger either.  Also never get why people say northerners are friendlier than southerners, I found londoners perfectly friendly and up north (where I'm originally from) they are often not remotely friendly.

it is a general statement about properties in the south being expensive, which they are in desirable areas, but there are cheap areas that is quite affordable to someone coming down from the north.  the price in desirable areas are just mind blowing, which is why people say that properties in the south is expensive.

london property price has increased a lot in the last 20 years.  if you had stayed in london and kept your house, you would have probably become a millionaire by now.

if anything, the price differential between the north and the south is increasing with time and not reducing.

But why would someone living in a nice area in the North want to move to a less desirable area in the South?

Circumstance.  They may have to relocate because of their job.  To look after elderly or sick relations or to be nearer to their family when they are older.

People don't always have a choice of where they live.  A lot of people who live in London don't actually want to be there, but that is where their job is.

Despite what people would like to believe there are jobs available in the Midlands and the North.

I wouldn't get paid any better for my job if I moved South but it would certainly cost me a damn sight more for a similar house!