gusrowe
Well-Known Member
- Feb 20, 2005
- 836
- 809
It pays to buy property next to this Premier League football club
- Thread starter gusrowe
- Start date
TottenhamMattSpur
Well-Known Member
- Aug 31, 2012
- 10,925
- 16,007
I think wet sham will have this table framed and hung on their chavy living room walls.
scottlag10
Active Member
- Aug 18, 2012
- 657
- 1,069
Average house price in surrounding area of £513K.....really?
guiltyparty
Well-Known Member
- Sep 21, 2005
- 9,023
- 13,524
I looked at a flat in Seven Sisters the other day. Absolute shithole, wanted £370k. World's gone mad
But seriously. We're in London. The top 6 teams are just the London teams. That's just life
But seriously. We're in London. The top 6 teams are just the London teams. That's just life
davidmatzdorf
Front Page Gadfly
- Jun 7, 2004
- 18,106
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It's a deceptive article. It seems to be saying that property in Tottenham is the most valuable, but that isn't what it says at all. It's ranking of the recent change in property values, measured by percentage, not by actual money. The reason Tottenham has rapidly rising values is because it has been depressed for many years and is now looking forward to inward investment, regeneration and improved transport links.
The article is an encouragement to property speculation, that's all, another pathetic/obnoxious cheerleading exercise for the universally-accepted, but actually-bullshit concept of the 'property ladder'. Another attempt to coax people into treating property as an investment instead of a home, as something to buy so you can rack up your credit card bill into five figures and secure it against an increased mortgage on your home. Another attempt to talk up a baseless feelgood factor that will get the Tories elected next year.
Back in the real world, the most valuable properties near London Premiership football grounds are in Chelsea, followed by Arsenal, followed by QPR, followed by us, followed by West Ham, followed by Crystal Palace.
It's not at all surprising that the average house price in the area around WHL is £513k. A house where I live, quite close to the Emirates, will cost you £700k - £1.2m. The key word is house. They have been selective in order to make the numbers in their article look more impressive, by eliminating flats, which form the large majority of properties in the neighbourhood, confident that most people won't read carefully enough to notice.
Crap journalism. Malevolent journalism.
The article is an encouragement to property speculation, that's all, another pathetic/obnoxious cheerleading exercise for the universally-accepted, but actually-bullshit concept of the 'property ladder'. Another attempt to coax people into treating property as an investment instead of a home, as something to buy so you can rack up your credit card bill into five figures and secure it against an increased mortgage on your home. Another attempt to talk up a baseless feelgood factor that will get the Tories elected next year.
Back in the real world, the most valuable properties near London Premiership football grounds are in Chelsea, followed by Arsenal, followed by QPR, followed by us, followed by West Ham, followed by Crystal Palace.
It's not at all surprising that the average house price in the area around WHL is £513k. A house where I live, quite close to the Emirates, will cost you £700k - £1.2m. The key word is house. They have been selective in order to make the numbers in their article look more impressive, by eliminating flats, which form the large majority of properties in the neighbourhood, confident that most people won't read carefully enough to notice.
Crap journalism. Malevolent journalism.
Last edited:
RickyVilla
Well-Known Member
- May 16, 2004
- 18,489
- 19,954
Higher than Chelsea? Great story
davidmatzdorf
Front Page Gadfly
- Jun 7, 2004
- 18,106
- 45,030
Read my post. Then read the article again. More carefully.
And the 'most expensive road in London' is not Park Lane. It's probably still Bishop's Avenue, although Kensington Palace Gardens might have overtaken it.
TheChosenOne
A dislike or neg rep = fat fingers
- Dec 13, 2005
- 48,097
- 50,100
There are terraced houses in Stoke Newington selling for £1m upwards.
I'm sure DM will agree with me for once.
I'm sure DM will agree with me for once.
wookie
Ginger minger
- Feb 12, 2004
- 173
- 240
I think it was a light hearted play on the monopoly board. Lighten up matzdork. A lot of what you say is correct, but it's not an Estate agency exam, and you don't get a prize for belittling other comments. He clearly read your own comment but didn't think it necessary to reference it.
vigospur
Well-Known Member
- Dec 10, 2006
- 1,115
- 807
Hear, hear x 1000
the shelf
Well-Known Member
- Jan 8, 2009
- 584
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Christ, lighten up.
Tiberius Gracchus
Well-Known Member
- Jan 22, 2004
- 746
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Most of the people in public life (I include journos in that) will be doing everything they can to sustain the unsustainable pyramid scheme that is the residential property market in the UK. I completely agree with you that articles like this are merely fanning the flames of hysteria
davidmatzdorf
Front Page Gadfly
- Jun 7, 2004
- 18,106
- 45,030
My point about Park Lane was an afterthought and I missed the Monopoly reference, probably because I played the American version of the game when I was a child.
The reason for the post was that they've misunderstood the article, because it doesn't suggest that property is more valuable in Tottenham than in Chelsea, just that its value is rising faster. The journalist wants us to misunderstand it, because it has more whoa! factor that way. That makes it more important for people to read stuff carefully.
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