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Property Market
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seeformiles


Posts: 269
Joined: Apr 2005
Post: #1
26-07-2011 12:03 PM

People are making some very strong claims here; I don't recall anyone saying they want FH frozen in time, or festering under a pile of grot.

Sometimes I can't help noticing that there is a particular ideal model put forward of how Forest Hill should look. And sometimes it feels quite narrow and a touch unrealistic.

That doesn't mean, as I've said many times that Forest Hill shouldn't move forward, but if property prices shoot up to those in nearby areas how likely is it that you will be able trade up here?

If you have to pay a fortune for a modest sized house, only those moving in from more expensive areas will be able to afford it. Anyone who wants to stay in the area will be trapped where they are - without the help of flexible finance or generous relatives.

I doubt mortgage lenders are offering 95 percent mortgages anymore. They probably never will again, so how do most people trade up from a small flat to a 2 or 3 bed house? It's out of reach for the majority of people on normal incomes.

There is something fundamentally immoral about the gap between earnings and property prices becoming even wider. It's bad enough as it is.

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Messages In This Topic
Property Market - roz - 25-07-2011, 11:49 PM
RE: Property Market - sydenhamcentral - 01-08-2011, 02:46 PM
RE: Property Market - seeformiles - 01-08-2011, 04:27 PM
RE: Property Market - showtunesgirl - 01-08-2011, 05:42 PM
RE: Property Market - DerbyHillTop - 01-08-2011, 06:01 PM
RE: Property Market - seeformiles - 01-08-2011, 06:37 PM
RE: Property Market - Newbie - 02-08-2011, 03:52 PM
RE: Property Market - showtunesgirl - 02-08-2011, 03:59 PM
RE: Property Market - Londondrz - 02-08-2011, 05:01 PM
RE: Property Market - roz - 06-08-2011, 03:59 PM
RE: Property Market - borderpaul - 07-06-2012, 03:53 PM
RE: Forest Hill in the Times property section - seeformiles - 26-07-2011 12:03 PM
[] - jgdoherty - 30-05-2012, 09:58 PM