Jump to content

Recommended Posts

If you read the whole story they are suggesting that Central London property values will decline in the first half of 2015 due to uncertainty pre-election re mansion tax, but then recover in second half to be flat overall for the year. Presumably the second half recovery is dependent on a not-Labour victory in the election. Then it says:


?Suburban London [that's us, I guess] is expected to be impacted as the rapid growth seen in 2014 slows, helping to rebalance supply and demand. Caution before the polls suggests that prices will be flat for the first half of the year, before rising modestly by year end,?


So it's a kind of 'no news' news story, other than an implied dig at the mansion tax. Re good thing/bad thing, at the properly macro level the best solution to high London house prices is a booming economy in the other regions of the UK, but obviously easier said than done. In the mean time, there's an obvious need to build more homes in London and the SE.

Read something the other day that there is now a modest trend of people in their 30s moving to other urban centres raht er then the burb or commuter belt. Small beginnings perhaps, but can only be good in the long run for londoners and the economy as a whole if sustained.

If you exclude speculators, only people who would benefit from house price increases are people who plan to go to live in cheaper areas, e.g. they are looking to retire in the country or planning to go to live in a cheaper country.


For everyone else, I can't see how this can benefit them.


And btw, just look at the high streets of places with more expensive real estate - that would simply mean good bye independent shops.

Salsaboy Wrote:

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

> Hahahahaha.....

>

>

> jj2 Wrote:

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

> -----

> if Labour wins the elections...


http://www.oddschecker.com/politics/british-politics/next-uk-general-election/most-seats

jj2 Wrote:

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

> If you exclude speculators, only people who would benefit from house price increases are people who

> plan to go to live in cheaper areas


But decreases can affect non-speculators as well, leaving them in negative equity and unable to move. Plus the added knock on effects on the economy, pension pots, etc, etc. 'Decrease' can be just as bad as 'increase', sometime worse.

jj2 Wrote:

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

> If you exclude speculators, only people who would

> benefit from house price increases are people who

> plan to go to live in cheaper areas,


Eh - the more the house is worth, then the more you are worth. Anyone with a house and is not intending ever to move again is better off and possibly happier. Also you can take out additional borrowings when the value goes up allowing you to improve/extend.

Mick Mac Wrote:

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


> Eh - the more the house is worth, then the more you are worth.


Technically yes...but you still need somewhere to live and excluding the primary home from any "net worth" calculation is always sound practice for personal finance. if you exclude your home what other assets do you have? People usually go quiet at that point. An inflated sense of "net worth" linked to housing is responsible for influencing spending psychology in many other areas. Scary when you think about it.

  • 2 weeks later...

JohnL Wrote:

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

> I'd bet on Labour + Nationalist coalition at the moment.


That's a constitutional crisis in the making. The SNP has long had a convention that they will not vote in Westminster on issues that only affect England. That could leave Labour with a coalition majority on UK issues, but a minority on English issues.


The Lib Dems would be needed as well. They should still have about 20 MPs.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Latest Discussions

    • Does anyone know when the next SNT meeting is? I am fed up with my son being mugged on East Dulwich Grove! 
    • The issue must be everywhere at the moment. I was visiting a friend last week in Bermondsey, think we were walking  down Linton Rd & we dodged 7 dog poos. It was disgusting. 
    • Thanks for your message — I actually took the time to look into what CityHive does before posting my original comment, and I’d encourage anyone with questions to do the same. Yes, the Companies House filings are overdue — but from what I’ve gathered, this seems likely to be an accountant or admin issue, not some sign of ill intent. A lot of small, community-based organisations face challenges keeping up with formalities, especially when they’re focused on immediate needs like food distribution. Let’s not forget CityHive is a not-for-profit, volunteer-powered CIC — not a corporate machine. As for the directors, people stepping down or being replaced is often about capacity or commitment — which is completely normal in the voluntary and community sector. New directors are sometimes appointed when others can no longer give the time. It doesn’t automatically mean bad governance — it just means people’s circumstances change. CityHive’s actual work speaks volumes. They buy most of the food they distribute — fresh produce, essential groceries, and shelf-stable items — and then deliver it to food banks, soup kitchens, and community projects across London. The food doesn’t stay with CityHive — it goes out to local food hubs, and from there, directly to people who need it most. And while yes, there may be a few paid staff handling logistics or admin, there’s a huge volunteer effort behind the scenes that often goes unseen. Regular people giving their time to drive vans, sort donations, load pallets, pack food parcels — that’s what keeps things running. And when people don’t volunteer? Those same tasks still need to be done — which means they have to be paid for. Otherwise, the whole thing grinds to a halt. As the need grows, organisations like CityHive will inevitably need more support — both in people and funding. But the bigger issue here isn’t one small CIC trying to make ends meet. The real issue is the society we live in — and a government that isn’t playing its part in eradicating poverty. If it were, organisations like CityHive, The Felix Project, City Harvest, FareShare, and the Trussell Trust wouldn’t need to exist, let alone be thriving. They thrive because the need is growing. That’s not a reflection on them — it’s a reflection on a broken system that allows people to go hungry in one of the richest cities in the world. If you're in doubt about what they’re doing, go check their Instagram: @cityhivemedia. You’ll see the real organisations and people receiving food, sharing thanks, and showing how far the impact reaches. Even Southwark Foodbank has received food from CityHive — that alone should speak volumes. So again — how does any of this harm you personally? Why spend time trying to discredit a group trying to support those who are falling through the cracks? We need more people lifting others up — not adding weight to those already carrying the load.
    • Well, this is very disappointing. Malabar Feast  has changed its menu again. The delicious fish curry with sea bass no longer exists. There is now a fish dish with raw mango, which doesn't appeal. I had dal and spinach instead, which was bland (which I suppose I could/should have predicted). One of my visitors had a "vegetable Biriani" which contained hardly any vegetables. Along with it came two extremely tiny pieces of poppadom in a large paper bag.   This was embarrassing, as I had been singing Malabar's praises and recommending we ordered from there. The other mains and the parathas were OK, but I doubt we will be ordering from there again. My granddaughters wisely opted for Yard Sale pizzas, which were fine. Has anybody else had a similar recent poor (or indeed good!)  experience at Malabar Feast?
Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...