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North vs South

Page 4 of 6

posted on 7/4/17

comment by palmers_spur - you have a woman's hand my lord (U8896)
posted 2 minutes ago
I'm a London boy and I love the place. Pubs, bars, restaurants, historic buildings, galleries, warmer weather, loads of hot women..,

Property prices are a facking joke though. I'm going to have to buy outside of London as I can't afford to buy where I grew up

Mum's house has just been valued at £1,050,000 !
----------------------------------------------------------------------
Sell and move north. Buy Ace's house for 341k, live off the rest of the cash without having to work for the rest of your life. And buy a Lamborghini.

posted on 7/4/17

comment by Obers (U3904)
posted 6 seconds ago
comment by Obers (U3904)
posted 0 seconds ago
comment by Bobby Dazzler (U1449)
posted 2 minutes ago
If you're a Londoner living in London why do you need to buy?

Your point is more appropriate for a northern person trying to buy property in London
---------
What about the next generation, and the one after that?
In years to come, families in Essex, Suffolk and Hertfordshire can say "my grandad was from London"
----------------------------------------------------------------------
So do you want a ban on inward investment into the UK?

The rules are very simple, you can either afford to buy or you can't. There are things called mortgages and renting though.
----------------------------------------------------------------------
^ into London*
----------------------------------------------------------------------
So when you were bragging about Londoners being able to afford to live comfortably in London and the north and northerners not being able to you were talking about foreign investors then?

Thanks for clearing that up

posted on 7/4/17

comment by Baz tard (U19119)
posted 2 minutes ago
comment by palmers_spur - you have a woman's hand my lord (U8896)
posted 2 minutes ago
I'm a London boy and I love the place. Pubs, bars, restaurants, historic buildings, galleries, warmer weather, loads of hot women..,

Property prices are a facking joke though. I'm going to have to buy outside of London as I can't afford to buy where I grew up

Mum's house has just been valued at £1,050,000 !
----------------------------------------------------------------------
Sell and move north. Buy Ace's house for 341k, live off the rest of the cash without having to work for the rest of your life. And buy a Lamborghini.
----------------------------------------------------------------------

I've thought about moving further afield, but I can earn way more in my field in London than anywhere else. Plus I'm more marketable with having gained experience in London than anywhere else

posted on 7/4/17

I love London, enjoy it every time I go which is probably 4 or 5 weekends a year, and a few weeks a year for work. Don't think I would want to live there though, but that's my preference.

posted on 7/4/17

comment by palmers_spur - you have a woman's hand my lord (U8896)
posted 12 seconds ago
comment by Baz tard (U19119)
posted 2 minutes ago
comment by palmers_spur - you have a woman's hand my lord (U8896)
posted 2 minutes ago
I'm a London boy and I love the place. Pubs, bars, restaurants, historic buildings, galleries, warmer weather, loads of hot women..,

Property prices are a facking joke though. I'm going to have to buy outside of London as I can't afford to buy where I grew up

Mum's house has just been valued at £1,050,000 !
----------------------------------------------------------------------
Sell and move north. Buy Ace's house for 341k, live off the rest of the cash without having to work for the rest of your life. And buy a Lamborghini.
----------------------------------------------------------------------

I've thought about moving further afield, but I can earn way more in my field in London than anywhere else. Plus I'm more marketable with having gained experience in London than anywhere else
----------------------------------------------------------------------
Feck that. Sell it, move north, live like a king off your proceeds, chill out not having to bother going to work in the morning. It's the dream. I'd fevking love to not have to go into work, but I don't have a million quid house to sell- if I did, if have been long gone.

posted on 7/4/17

comment by Baz tard (U19119)
posted 8 minutes ago
comment by palmers_spur - you have a woman's hand my lord (U8896)
posted 2 minutes ago
I'm a London boy and I love the place. Pubs, bars, restaurants, historic buildings, galleries, warmer weather, loads of hot women..,

Property prices are a facking joke though. I'm going to have to buy outside of London as I can't afford to buy where I grew up

Mum's house has just been valued at £1,050,000 !
----------------------------------------------------------------------
Sell and move north. Buy Ace's house for 341k, live off the rest of the cash without having to work for the rest of your life. And buy a Lamborghini.
----------------------------------------------------------------------
I know a couple of Londoners who've moved to my area and can't believe what they can afford after selling up down there, they say they'd never go back, not because there's anything wrong with London itself, just that they don't want to be shackled to ridiculous amounts of debt just to put a roof over their head

posted on 7/4/17

comment by Baz tard (U19119)
posted 4 minutes ago
comment by palmers_spur - you have a woman's hand my lord (U8896)
posted 12 seconds ago
comment by Baz tard (U19119)
posted 2 minutes ago
comment by palmers_spur - you have a woman's hand my lord (U8896)
posted 2 minutes ago
I'm a London boy and I love the place. Pubs, bars, restaurants, historic buildings, galleries, warmer weather, loads of hot women..,

Property prices are a facking joke though. I'm going to have to buy outside of London as I can't afford to buy where I grew up

Mum's house has just been valued at £1,050,000 !
----------------------------------------------------------------------
Sell and move north. Buy Ace's house for 341k, live off the rest of the cash without having to work for the rest of your life. And buy a Lamborghini.
----------------------------------------------------------------------

I've thought about moving further afield, but I can earn way more in my field in London than anywhere else. Plus I'm more marketable with having gained experience in London than anywhere else
----------------------------------------------------------------------
Feck that. Sell it, move north, live like a king off your proceeds, chill out not having to bother going to work in the morning. It's the dream. I'd fevking love to not have to go into work, but I don't have a million quid house to sell- if I did, if have been long gone.


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

It won't be just mine. I have a number of siblings whose inheritance it will be as well

posted on 7/4/17

Someone I know (much older than me) bought their house back in the 70s/80s (can't remember exactly) for about £50,000 and recently sold it for £1.1m. Moved outside of London.

comment by (U18814)

posted on 7/4/17

Comment deleted by Site Moderator

posted on 7/4/17

comment by Ace (U18814)
posted 2 hours, 40 minutes ago
I was born and raised in London, worked in the City. I also went to uni in Leeds and now live in Yorkshire. My kids are being raised in Yorkshire, my family live in London. I have business interests at both ends. People are people. I've come across the best and worst of humankind at both ends. No city in Britain compares with London. But the cliche about people in the north being friendlier is actually true in the sense that people are more courteous and talk to strangers more. London is far more multi cultural and that kind of thing just doesn't happen so much.

Financially, as an investor the yield is greater in London. But from a personal perspective the north has big advantages. I live in a 5 bed detached stone cottage, used to be a B&B, all bedrooms on suite, facking huge garden backing into green belt land, next door neighbour is 100 metres away, low crime area, brilliant schools etc. sour founded by beautiful countryside yet I can be in the City in 30 minutes easy, maybe less on a good day. The gaff cost me £340k. A property with all the above mentioned features near London would be 7 figures.

There's pro's & con's to both.
----------------------------------------------------------------------
I live in north London but currently go uni in leeds also. It's a great student city, but I do not see making a living here, there's next to 0 to do. Only difference in prices is the property, leeds is a huge student city, not sure the city would do too well without its student population.

posted on 7/4/17

My parents bought the house my mum owns now for £25,000 in 1977

posted on 7/4/17

comment by Ace (U18814)
posted 1 minute ago
I've got a few properties in London that I bought in the early 00's, they're rented out, but the equity is enormous. It's ridiculous really. My parents gaff in east London was bought for £20k in the 80's and is worth about £400k now. I keep telling them to cash in and move up near us; a detached 3 bed in a nice rural area would cost about £200k, with £200k clear profit banked for the pension fund. They're not sure though.
----------------------------------------------------------------------

Can I ask how you managed to afford those Ace?

Assume you were in your early 20s then...

posted on 7/4/17

Yeah I think they had bought it cheaper than £50,000 which is so ridiculous because house prices have sky rocketed over the years but salary has moved at a snails pace.

Imagine in the next 20 years the UK average salary being £40,000 but average house prices at £1m.

posted on 7/4/17

comment by Ace (U18814)
posted 19 seconds ago
I've got a few properties in London that I bought in the early 00's, they're rented out, but the equity is enormous. It's ridiculous really. My parents gaff in east London was bought for £20k in the 80's and is worth about £400k now. I keep telling them to cash in and move up near us; a detached 3 bed in a nice rural area would cost about £200k, with £200k clear profit banked for the pension fund. They're not sure though.
----------------------------------------------------------------------
Show them some pictures of Knaresborough or somewhere similar, how could they not be swayed???

comment by Obers (U3904)

posted on 7/4/17

comment by Bobby Dazzler (U1449)
posted 44 minutes ago
comment by Obers (U3904)
posted 6 seconds ago
comment by Obers (U3904)
posted 0 seconds ago
comment by Bobby Dazzler (U1449)
posted 2 minutes ago
If you're a Londoner living in London why do you need to buy?

Your point is more appropriate for a northern person trying to buy property in London
---------
What about the next generation, and the one after that?
In years to come, families in Essex, Suffolk and Hertfordshire can say "my grandad was from London"
----------------------------------------------------------------------
So do you want a ban on inward investment into the UK?

The rules are very simple, you can either afford to buy or you can't. There are things called mortgages and renting though.
----------------------------------------------------------------------
^ into London*
----------------------------------------------------------------------
So when you were bragging about Londoners being able to afford to live comfortably in London and the north and northerners not being able to you were talking about foreign investors then?

Thanks for clearing that up
---------------------------------------------------------------------
No I'm saying people who live in London now can afford to live anyway I'm not talking about future generations or anything like that ffs

posted on 7/4/17

Ace's old man is having too much fun in Shoreditch to move elsewhere. The hipster him.

comment by Obers (U3904)

posted on 7/4/17

comment by Obers (U3904)
posted 0 seconds ago
comment by Bobby Dazzler (U1449)
posted 44 minutes ago
comment by Obers (U3904)
posted 6 seconds ago
comment by Obers (U3904)
posted 0 seconds ago
comment by Bobby Dazzler (U1449)
posted 2 minutes ago
If you're a Londoner living in London why do you need to buy?

Your point is more appropriate for a northern person trying to buy property in London
---------
What about the next generation, and the one after that?
In years to come, families in Essex, Suffolk and Hertfordshire can say "my grandad was from London"
----------------------------------------------------------------------
So do you want a ban on inward investment into the UK?

The rules are very simple, you can either afford to buy or you can't. There are things called mortgages and renting though.
----------------------------------------------------------------------
^ into London*
----------------------------------------------------------------------
So when you were bragging about Londoners being able to afford to live comfortably in London and the north and northerners not being able to you were talking about foreign investors then?

Thanks for clearing that up
---------------------------------------------------------------------
No I'm saying people who live in London now can afford to live anywayI'm not talking about future generations or anything like that ffs
----------------------------------------------------------------------
live anywhere

Also it's always funny when people twist your words then finish with a "thanks for clearing that up " always makes me smile

comment by (U18814)

posted on 7/4/17

Comment deleted by Site Moderator

posted on 7/4/17

comment by palmers_spur - you have a woman's hand my lord (U8896)
posted 7 minutes ago
comment by Ace (U18814)
posted 1 minute ago
I've got a few properties in London that I bought in the early 00's, they're rented out, but the equity is enormous. It's ridiculous really. My parents gaff in east London was bought for £20k in the 80's and is worth about £400k now. I keep telling them to cash in and move up near us; a detached 3 bed in a nice rural area would cost about £200k, with £200k clear profit banked for the pension fund. They're not sure though.
----------------------------------------------------------------------

Can I ask how you managed to afford those Ace?

Assume you were in your early 20s then...
----------------------------------------------------------------------

Conned people out of their Daimlers

comment by (U18814)

posted on 7/4/17

Comment deleted by Site Moderator

comment by (U18814)

posted on 7/4/17

Comment deleted by Site Moderator

posted on 7/4/17

Comment deleted by Site Moderator

comment by (U18814)

posted on 7/4/17

Comment deleted by Site Moderator

posted on 7/4/17

Comment deleted by Site Moderator

posted on 7/4/17

Living in London for most of my life I can see how the difference in prices compared with the north is pretty astronomical. We're looking to move house and for a 3 bedroom semi-detached is a good £650k. That can probably buy you a mansion up north.

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