Well technically it is 632sq/ft. Certain London boroughs would be equivalent but it's a dump in comparison. I'm close enough for lunch and meetings but 5 years in the smoke is enoughWhere do you live?
Half a mil for 600 sq/ft? So £833 per sq/ft? Only a handful fo London boroughs are more expensive
I was generally planning for £600 per sq/ft for my starter home.
Waste? Only if it isn't worth that when I sell it.
https://www.theguardian.com/artandd...s-battersea-london-luxury-housing-developmentFor everyone that says building more homes is key to solving the housing crisis, yeah right
They're going to be building 15,000 homes there, absolutely none of them will be for 'normal' people. Well worth a read.
Yes, you have to move to suburbia. Nice affordable home waiting for you in Stevenage or Milton Keynes.For everyone that says building more homes is key to solving the housing crisis, yeah right
They're going to be building 15,000 homes there, absolutely none of them will be for 'normal' people. Well worth a read.
Who would have thought zone 1 luxury apartments would be expensive.For everyone that says building more homes is key to solving the housing crisis, yeah right
They're going to be building 15,000 homes there, absolutely none of them will be for 'normal' people. Well worth a read.
Russian oligarchs need 152nd homes too, you know. Or just places to wash their dirty money
Well I guess he could wait for his affordable flat on the river, but it's probably never going to happen.
For everyone that says building more homes is key to solving the housing crisis, yeah right
They're going to be building 15,000 homes there, absolutely none of them will be for 'normal' people. Well worth a read.
@FoxEye more Londoners are coming your ways. Get those scythe out!Anyway everyone is moving to Cornwall
Looe, Padstow, (etc) have long since been surrendered to the foreigners. You're more likely to hear a cockney accent in those places than a westcountry accent
People who come here and expect all the locals to be grateful for their presence. Subservient, even. Because "You're a tourist economy and without us coming here you'd have nothing." Which we get told quite a lot. And if we don't bow and courtesy they leave bad reviews about "rude and unpleasant locals". Lol.
Russian oligarchs need 152nd homes too, you know. Or just places to wash their dirty money
Nobody needs to live in London. Or the UK. We should all just move to Slovenia. Or Poland. Plenty of cheap houses there!
Entitled Brits thinking they ought to be able to afford a place in the UK, should just pull themselves up by their bootstraps, like the Russian oligarchs did
Prices in suburbia are rising faster than London. What's your sticking plaster solution when prices start rising so fast that investors start buying up all the properties (actually, they are already doing this) and making them unaffordable? Also, note the season ticket costs as noted. It's totally ridiculous for a couple to pay £10k+ on our trains.
You missed the point.
Exactly.
Do you know what number in this development exactly? As the article states, this was derelict ground ripe for any sort of project suitable to improve housing in the area. But no, they just built a few thousand safety deposit boxes for Russian oligarchs and further fuelled the problem. Like most developments in/around London and our cities.
What was your point exactly? That Zone 1 land with massive demand should have housing built on it that is affordable? Affordable to whom, exactly? What is your definition of affordable/Prices in suburbia are rising faster than London. What's your sticking plaster solution when prices start rising so fast that investors start buying up all the properties (actually, they are already doing this) and making them unaffordable? Also, note the season ticket costs as noted. It's totally ridiculous for a couple to pay £10k+ on our trains.
You missed the point.
Exactly.
Do you know what number in this development exactly? As the article states, this was derelict ground ripe for any sort of project suitable to improve housing in the area. But no, they just built a few thousand safety deposit boxes for Russian oligarchs and further fuelled the problem. Like most developments in/around London and our cities.
I did like the quote where the guy said he'd rather buy a flat in Wuhan
My first point is when people complain about unaffordable housing, the answer is usually "build more houses". This whole mess at Nine Elms is proof that you can build 15,000 properties but all it does is give foreign investors empty deposit boxes with which to launder their money.
What costs do you think are involved in building something like Nine Elms? What return on your investment would you expect to see given the clear risks in developing these properties? How do you think these building firms get the balance sheet strength to build affordable housing? When would you expect to get paid from your investment? How are you going to cover interest payments on your loaned capital for such a massive development?
Not letting Russian oligarchs buy everything sounds a lot like communism, my man.
