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Revised new - M&S planning application to replace Iceland..


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Callie Wrote:

-------------------------------------------------------

> Mick Mac Wrote:

>

> > They won't be wrong - ED'ers love overpriced

> stuff

> > - it will be a great success.

>

> Um really? It's a myth & quite the opposite I

> think. Very few ED twits like overpriced stuff

> lol. I certainly don't. I do love a good bargain

> though. ps I'm from ED but not a twit :0)



I'd say anyone that has bought property in ED in the past decade doesn't mind paying over the odds for something.

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I agree Otta. Property prices are unreasonable across London, especially Zones 1&2. I don't think East Dulwich is remarkable in that matter. Unfortunately anyone buying a property in London these days is paying for something overpriced. I don't think it defines them as people though. It doesn't mean they are a type of person willing to generally pay over the odds for things. In fact, having paid over the odds for property in East Dulwich can sometimes mean having to scrimp and save elsewhere. Of course there are clearly a lot of people doing well in East Dulwich and have the funds to shop where they like and pay extortionate prices for pizza, bread, clothes, whatever. I say fair play to them. In most cases they will have worked hard, earned their money or had a bit of luck we all wish for ourselves along the way.
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Indeed. I wasn't making any personal judgements, just saying that people are paying over the odds for housing. East Dulwich not unique, but it's definitely more expensive than most of it's surrounding areas for whatever reason.
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Otta Wrote:

-------------------------------------------------------

> Indeed. I wasn't making any personal judgements,

> just saying that people are paying over the odds

> for housing. East Dulwich not unique, but it's

> definitely more expensive than most of it's

> surrounding areas for whatever reason.


I am going to hazard a guess it's more expensive than most of it's surrounding areas because more people want to live here than the surrounding areas....


Prices do seem mad, and if I'd left it a couple of years to buy I'd have probably ended up living further out myself. However, with projections showing London's population continuing to grow far faster than we're building properties, plus inflation so low that interest rates aren't going up any time soon, I don't see prices getting any more reasonable any time soon.


As for M&S being overpriced... you're paying for convenience of the various ready prepared foods. If you're working lunatic hours to be able to afford your crazily expensive house in East Dulwich I am guessing you put a high premium on convenience and it still seems cheap compared to your nutty mortgage...

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"I am going to hazard a guess it's more expensive than most of it's surrounding areas because more people want to live here than the surrounding areas.... "



Well yes, but I just don't get why.


And I am not dissing East Dulwich, I just don't understand why it's seen as more desirable than other areas close by with better housing stock, better transport links, more trees, better parks.


Basically East Dulwich is a triumph of marketing.


IMO


And long may that continue, means my inheritence will be sweet one day.

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I get what you are saying. I can't speak for others, but I pottered around a few different places in SE London looking for somewhere to settle, and when I wandered down Lordship Lane back in 2008, it just felt like somewhere that could be home, which I didn't feel with the likes of Sydenham and Brockley then. And once I'd made friends here via forum drinks etc, I didn't want to leave.


With hindsight, I wish I'd bought in the area of Peckham near the Gowlett / Bellenden etc as my commute would be easier, but I wouldn't move again now unless I was going a whole heap further than that.

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Otta Wrote:

-------------------------------------------------------

> Callie Wrote:

> --------------------------------------------------

> -----

> > Mick Mac Wrote:

> >

> > > They won't be wrong - ED'ers love overpriced

> > stuff

> > > - it will be a great success.

> >

> > Um really? It's a myth & quite the opposite I

> > think. Very few ED twits like overpriced stuff

> > lol. I certainly don't. I do love a good

> bargain

> > though. ps I'm from ED but not a twit :0)

>

>

> I'd say anyone that has bought property in ED in

> the past decade doesn't mind paying over the odds

> for something.



well, not me & I don't agree.

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Otta Wrote:

-------------------------------------------------------

> And I am not dissing East Dulwich, I just don't

> understand why it's seen as more desirable than

> other areas close by with better housing stock,

> better transport links, more trees, better parks.

>

> Basically East Dulwich is a triumph of marketing.


The high street (i.e. Lordship Lane) is a lot smarter than Peckham, Forest Hill, Camberwell, Sydenham, etc. It has plenty of bars/restaurants and "boutiquey" shops. People like that stuff. You might not be bothered, but plenty of other people are. Just cos you disagree with them.. doesn't make them mugs.

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Where nearby has better amenities than ED that is cheaper than ED?


ED has great parks with terrific facilities, is in close proximity to two museums, has lots of shops, restaurants, gyms,pubs, a movie theatre, events and social groups and good primary and secondary education options.



Otta Wrote:

-------------------------------------------------------

> "I am going to hazard a guess it's more expensive

> than most of it's surrounding areas because more

> people want to live here than the surrounding

> areas.... "

>

>

> Well yes, but I just don't get why.

>

> And I am not dissing East Dulwich, I just don't

> understand why it's seen as more desirable than

> other areas close by with better housing stock,

> better transport links, more trees, better parks.

>

> Basically East Dulwich is a triumph of marketing.

>

> IMO

>

> And long may that continue, means my inheritence

> will be sweet one day.

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I would argue that these great amenities have come as a result of the change in the area, not that they caused it. But then I guess money follows money and once a place starts to get a rep the people will come.
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Didn't think you had. I was curious where this secret gem was so I could move :)


I think ED initially attracted young families-- the smaller housing stock actually made it more affordable than other areas in zone 2. The schools got better which attracted more young families making the area increase in popularity and price. The slightly wealthier demographic attracted independent shops, which then attracted more people. My husband has lived in the area since 2000 (as a student) and me since 2007 (though I visited him here before then) so we've both witnessed the transformation first hand.

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Otta Wrote:

-------------------------------------------------------

> Callie Wrote:

> --------------------------------------------------

> -----

> > Mick Mac Wrote:

> >

> > > They won't be wrong - ED'ers love overpriced

> > stuff

> > > - it will be a great success.

> >

> > Um really? It's a myth & quite the opposite I

> > think. Very few ED twits like overpriced stuff

> > lol. I certainly don't. I do love a good

> bargain

> > though. ps I'm from ED but not a twit :0)

>

>

> I'd say anyone that has bought property in ED in

> the past decade doesn't mind paying over the odds

> for something.


Anyone who bought a house in 2005paid over the odds? If only I'd been such a mug

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Otta... it basically comes down to the fact that you don't see what's more attractive about ED than Sydenham/Brockley/Penge/etc. But then you're a down-to-earth guy who doesn't care much about restaurants, would rather drink in a proper pub that a "bar", has no interest in organic vegetables or artisan bread, etc. But plenty of people feel differently, there's no right and wrong.
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Jeremy Wrote:

-------------------------------------------------------

> Otta... it basically comes down to the fact that

> you don't see what's more attractive about ED than

> Sydenham/Brockley/Penge/etc. But then you're a

> down-to-earth guy who doesn't care much about

> restaurants, would rather drink in a proper pub

> that a "bar", has no interest in organic

> vegetables or artisan bread, etc. But plenty of

> people feel differently, there's no right and

> wrong.



Fair point. I'd pay a premium to avoid some of that shite ;-)

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yeknomyeknom Wrote:

-------------------------------------------------------

> Emmeline Pankhurst and Martin Luther King might

> not agree with you.

>

> DulwichFox Wrote:

> --------------------------------------------------

> -----

> > Things never change for the better..

> >

> > DulwichFox.



I apologise..


I did not know that Emmeline Pankhurst and Martin Luther King were advocates for a M&S on Lordship Lane East Dulwich.


DulwichFox

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