House prices to rise 50% in next 10 years, London to double...

[8ace]

8-1 in a two horse race? Think the Tories will have to screw up big time before Citizen Corbyn achieves Freedom for Tooting.

It's not a two horse race is it though

 

[knocky1]

And there's the problem with Brighton. There is, practically, nowhere left to build apart from green belt.

I see that as an advantage. Our town can only grow as a semi circle as the sea is to the South. The semi circle cannot spread onto the Beautiful Downs as it is a National Park reserved for Fracking opportunity. The council are looking to the skies. The beach and countryside will remain. Mayfields have plans for a town from Henfield to the A23.

 

[jakarta]

It's not a two horse race is it though

Er.... Corbyn & Osborne? Who else do you think will be PM?

 

[Wrong-Direction]

We should take a leaf outta chinas book, build huge tower blocks, I don't mind living in an apartment

 

[8ace]

Er.... Corbyn & Osborne? Who else do you think will be PM?

http://www.oddschecker.com/politics/british-politics/next-prime-minister

 

[Notters]

We should take a leaf outta chinas book, build huge tower blocks, I don't mind living in an apartment

I think this would've happened if it wasn't for those who're lucky enough to have homes bitching and moaning about it. That's why it IS happening at the Marina, as there's no-one living close enough that the bitchers and moaners need to be listened to.

 

[beorhthelm]

We should take a leaf outta chinas book, build huge tower blocks, I don't mind living in an apartment

its not a unique Chinese method, apparently most of european cities live in higher density than we do in. we typically go to 4-5 stories while the french will go to 8-9. we like our high rises low and our urban areas green.

 

[Notters]

http://www.oddschecker.com/politics/british-politics/next-prime-minister

Boris Johnson more likely than Corbyn. Really makes me worry about the British public.

 

[The Antikythera Mechanism]

I think this would've happened if it wasn't for those who're lucky enough to have homes bitching and moaning about it. That's why it IS happening at the Marina, as there's no-one living close enough that the bitchers and moaners need to be listened to.

I bet they weren't very happy in Marine Gate!

 

[alfredmizen]

Boris Johnson more likely than Corbyn. Really makes me worry about the British public.

You probably need to grow up and join the real world then.

 

[Gwylan]

I bet they weren't very happy in Marine Gate!

They weren't: they went to court about it ... and lost

 

[knocky1]

I think this would've happened if it wasn't for those who're lucky enough to have homes bitching and moaning about it. That's why it IS happening at the Marina, as there's no-one living close enough that the bitchers and moaners need to be listened to.

It IS happening at the Marina because 853 flats on the seafront will go for a premium while not addressing Brighton's Housing need.
brighton-marina.com

 

[DJ NOBO]

For anyone thinking their property has gone up loads in value, check this...

http://www.thisismoney.co.uk/money/...tion-calculator-value-money-changed-1900.html

 

[DJ NOBO]

For anyone savvy with these possible rises, please feel free to offer your two cents.

I'm a young potential first time buyer.

I've got a mortgage agreement in principal with my bank which is approx £140k.
I've got the deposit required.

Should I pretty much go out and find something ASAP?
If yes to the above, would you advise getting the best I can in Brighton & Hove or get something a little bigger/nicer further out towards (or in) Worthing?

Cheers!

Sadly, I'm not sure you can get much for 140k in Brighton anymore. I'd be inclined to get a better place in Worthing. It's quite possible buying in Worthing now will be a canny move, as Brighton becomes less and less affordable.
Always worth remembering that property is a volatile market - I bought in 2007 just before the crash. At that stage it had been up up up for years, then it all changed. I was in negative equity for a long time. Whatever you read, it's not a guaranteed money maker.

 

[8ace]

Boris Johnson more likely than Corbyn. Really makes me worry about the British public.

It's about an even money shot whether Corbyn will even be Labour leader at the next GE. If you put that in double (which they won't let you) with Osbourne to be next Tory leader it pays about 100/30* i.e there's only a 23% chance of these two going to post in 2020. If you were to price that up as match they'd probably go:

Osbourne 30/100
Corbyn 11/4

*I've not allowed for the possibility that Cameron will contest the next election.

 

[The Antikythera Mechanism]

Sadly, I'm not sure you can get much for 140k in Brighton anymore. I'd be inclined to get a better place in Worthing. It's quite possible buying in Worthing now will be a canny move, as Brighton becomes less and less affordable.
Always worth remembering that property is a volatile market - I bought in 2007 just before the crash. At that stage it had been up up up for years, then it all changed. I was in negative equity for a long time. Whatever you read, it's not a guaranteed money maker.

To get something half decent for £140k you will, probably, need to go as far as Littlehampton / Bognor

 

[looney]

It's a real shit state of affairs. I really do feel for folk like your son.

Spare me the crocodile tears you hypocrit, your one of a number who like patting people on the head with one hand as you wave in more and more immigrants with the other and hope people dont notice..

 

[Bold Seagull]

For anyone savvy with these possible rises, please feel free to offer your two cents.

I'm a young potential first time buyer.

I've got a mortgage agreement in principal with my bank which is approx £140k.
I've got the deposit required.

Should I pretty much go out and find something ASAP?
If yes to the above, would you advise getting the best I can in Brighton & Hove or get something a little bigger/nicer further out towards (or in) Worthing?

Cheers!

While the internet is an amazing tool, you can't beat a really good local agent who's been around for a long time. I've bought in slightly unfashionable areas, often a property that needs a bit of work, or a bit of imagination to make it work better. Try somewhere like Cales and Co on Boundary Road. It's been the same 3 agents, Steve, Matt and Peter selling properties for decades in the same area and respond to what you want, not just try to flog you anything. Portslade still offers a bit of value compared to Brighton and Hove without moving to far out. Worthing has some lovely properties too. It is a tough market, just got to be in the right place right time to get a good deal.

 

[Citrus]

And there's the problem with Brighton & Hove. There is, practically, nowhere left to build apart from green belt. The only place I can think of is Toads Hall Valley

So, if we assume the greenbelt/South Downs is not up for consideration, why not up? Why not allow for 20/30/40 storey towers?

 

[The Antikythera Mechanism]

So, if we assume the greenbelt/South Downs is not up for consideration, why not up? Why not allow for 20/30/40 storey towers?

I may be wrong, but I think there are issues with getting mortgages in tower blocks over a certain height. Additionally, I believe the service charges are very high.