gwhite78 Posted May 23, 2015 Share Posted May 23, 2015 It was due to obscene house prices why I moved from London, but this takes the biscuit. http://www.mirror.co.uk/news/uk-news/tiny-two-bedroom-former-council-flat-5742914 Link to comment Share on other sites More sharing options...
geared Posted May 23, 2015 Share Posted May 23, 2015 To be fair 'only' a million quid in Kensington is actually pretty cheap. Flats can be six times that amount :o:o:o:o:o I agree with the OP tho, property in London is stupid. Link to comment Share on other sites More sharing options...
poppet2 Posted May 23, 2015 Share Posted May 23, 2015 It was due to obscene house prices why I moved London. Well this what I call obscene. http://www.mirror.co.uk/news/uk-news/ex-council-housing-racket-private-landlords-1745460 Link to comment Share on other sites More sharing options...
gwhite78 Posted May 24, 2015 Author Share Posted May 24, 2015 Well this what I call obscene. http://www.mirror.co.uk/news/uk-news/ex-council-housing-racket-private-landlords-1745460 Yeah these housing racketeers are now so common place in London they've become the accepted norm. A friend of mine pays £1000 pcm to a Tory cllr to live in a rabbit hutch on Du Cane Court in Wandsworth. Link to comment Share on other sites More sharing options...
ECCOnoob Posted May 24, 2015 Share Posted May 24, 2015 (edited) Yeah these housing racketeers are now so common place in London they've become the accepted norm. A friend of mine pays £1000 pcm to a Tory cllr to live in a rabbit hutch on Du Cane Court in Wandsworth. So what if he pays £1000 p/m to a "Tory Councillor". What's that got to do with anything. Rent is dictated by the location and market rate. Wandsworth is a very popular area in Greater London. If your "friend" does not want to pay much they should move. They chose the property. A quick search on just one property site shows 2500+ private rental properties under £1000 a month within 10 miles of Oxford Street. There are one bedroomed properties from 450 a month and bedsits for a little as 300 a month. Open up the travel distance a little further and there are even 2 bedroomed flat/houses falling into the <£1k bracket. Expensive? yes. But so are all other Capital Cities if you choose to live close to the centre. £300? £450? Extortionate? NO. Edited May 24, 2015 by ECCOnoob Link to comment Share on other sites More sharing options...
SOHO Posted May 24, 2015 Share Posted May 24, 2015 Damn those pesky market forces eh. Link to comment Share on other sites More sharing options...
monkey104 Posted May 24, 2015 Share Posted May 24, 2015 Try googling apartment rentals or sales in any capital city and guess what? You got it! They are all expensive. Link to comment Share on other sites More sharing options...
JFKvsNixon Posted May 24, 2015 Share Posted May 24, 2015 It's all about location for this flat, from the link: The "exquisitely refurbished' £1.15m home is on the third floor of a block of flats above Stella McCartney's boutique in Fulham Road, close to the plush Michelin restaurant Bibendum. It's marketed as being: A highly sought-after location which hosts an array of local amenities as well as upmarket shops, bars and restaurants. Ideally located for Walton Street, Harrods, King’s Road and the tube station at South Kensington, Sloane Square or Knightsbridge. Link to comment Share on other sites More sharing options...
ECCOnoob Posted May 24, 2015 Share Posted May 24, 2015 (edited) It's all about location for this flat, from the link: It's marketed as being: Shhh... Don't be ruining this thread with facts. Its cos of greedy tory landlords init. Why? cos the daily mirror says so. Edited May 24, 2015 by ECCOnoob Link to comment Share on other sites More sharing options...
smilersarah Posted May 24, 2015 Share Posted May 24, 2015 free market forces will always dictate prices and good for that. Link to comment Share on other sites More sharing options...
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