Re: I've just lost about 50 bloody grand thanks to diversity.

abelard wrote:

On 17 Aug 2006 05:12:55 -0700, joseph.hutcheon@xxxxxxxxxx

typed:
abelard wrote:
i'm talking leafy suburbs of london....in as much as there are leaves in
london....
in missionary country mining villages have become redundant and mill
towns much less viable....so it's all the other factors i don't know.
the london type example i gave is in a town that isn't changing
in basic economic terms over the period (some london areas
move through cycles of fashion to ghetto and back to fashion
as the economics of the areas ebb and flow....others stay
unfashionable for decades....once fashion moves in money goes up)

London is hugely a-typical though, in that house prices have increased
much faster there than anywhere else in the UK. There are no 'cheap'
houses in London ay more, and suburbs that no-one would dream of living
in 10 years ago are highly desirable. Failing a Crowley-style price
collapse, London house prices are likely to remain well above the UK
average, even in the grottiest parts. In contrast, most other UK cities
have relatively cheap housing in reasonable proximity to the centre.

more or less agree with all your comments....
perhaps i am trying to explore the original stimulus a bit further......

thinking on a bit from what originally i writ....
there are £10+ million pads in london owned by islamics....
and as stated there are some seriously expensive 'ghettoes'
in london...
i s'pose i'm wondering how much this ebb and flow of prices has very
little to do with ethnics or 'racists'....and how much it is just
markets moving....
moving by fashion and the normal creative destructive of business...
eg 'no' work at mill or mines any longer...
a new motorway junction or whatever....

There are so many variables it's impossible to generalise. For
example, the increasing number of single-person households has pushed
up the price of studio apartments in inner-city developments; whilst
with increasing acres of countryside being built upon, property on
'protected' land, eg in a National Park, is also at a premium. The
second-home brigade have pushed house prices up in rural areas. Many
houses in university towns/cities have been bought up for buy-to-let or
by rich parents helping their children to become landlords. 'White
flight' might well be a factor in depressing prices in some areas, but
parts of some towns that have very few ethic immigrants have low house
prices because of crime and anti-social behaviour by white no-marks.

.

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