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Home > My Own Decluttering and London Property Prices

My Own Decluttering and London Property Prices

April 6th, 2014 at 07:52 pm

With five days left here, I've started to sort, pitch, and pack. Since we're going on to the cottage rental from here, I don't feel pressure to get rid of everything, but do need to sort out all my teaching materials. Too bad I have so many books. And my winter coat. And rain boots.

I've already made a donation pile, but I do need to be ruthless with other stuff. Again this year I have a student who refuses to deal with British change. He had a huge Ziploc bag with him Thursday and asked me if I'd deal with it. Uhm, he's 21. I sent him to the change machine at Tesco. My colleague said to him, "Not much of a problem solver, are you?" I had to turn away so he couldn't see me laughing.

Now my absolute wonder at the continued escalation of London property prices. Neighborhoods that I wouldn't venture into after dark ten years ago are now far out of my budget's range. The latest thing I read said prices here have gone up, are you ready for this, 18 percent THIS YEAR. It's absolutely ridiculous, and I'm not sure if I hope it's a bubble or am afraid it's a bubble. Either way, it's difficult on many people. But I'm hooked on the property shows and love to look at the decorating. Great stuff to grade by.

3 Responses to “My Own Decluttering and London Property Prices”

  1. creditcardfree Says:
    1396815749

    Whoa! 18% that is crazy. Good luck sorting for your next move.

  2. snafu Says:
    1396835551

    I guess it depends on whether you're a prospective buyer or seller. I understand that mortgages in the UK are 50 year duratioon. Are the income tax rates higher? I wonder if property tax rates per sf or per sq meter are higher. I know the cost of gas for cars is higher but have no idea how much you pay per kWh for heat or electric.

  3. My English Castle Says:
    1398712384

    Snafu: Some of the escalation curiously comes from the government's "Help to Buy" program(me). It's hard to know what income tax rates are as withholding is almost always completely done by the employer and many people don't file at all. But I do know energy prices are very very high. Our friends in Windsor pay council tax which is significantly lower than our property taxes. Mortgage durations vary quite a bit. There used to be many pre-payment penalties, but some of that has vanished.

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