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14 Signs You're House-Hunting In London...

The London Green Party is campaigning for a new housing strategy for London - one that focuses on providing affordable housing for ordinary Londoners, not investment opportunities for rich landlords. You can find out more at www.crumbsforlondon.org.uk

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1. A 2.5x5m piece of concrete sets you back £300,000.

Maybe it's time to start thinking about buying your own little piece of concrete in the country?
cars.aol.co.uk / Via cars.aol.co.uk

Maybe it's time to start thinking about buying your own little piece of concrete in the country?

2. Your estate agent keeps using euphemisms like “cosy” and “compact”...

...but you have a sneaking suspicion you’re paying £90,000 to live in a broom cupboard.
bbc.co.uk / Via bbc.co.uk

...but you have a sneaking suspicion you’re paying £90,000 to live in a broom cupboard.

3. You need to consult your Oxford English Dictionary...

...because £720,000 for a flat certainly isn't your definition of "affordable".
islingtontribune.com / Via islingtontribune.com

...because £720,000 for a flat certainly isn't your definition of "affordable".

4. You mistakenly thought a home was for living in.

Err, wrong I'm afraid. Two-thirds of them are sold as assets to property investors who either rent them out at inflated prices or leave them empty so their value increases.Oh, and they're called things like "Renaissance".
barratthomes.co.uk / Via barratthomes.co.uk

Err, wrong I'm afraid. Two-thirds of them are sold as assets to property investors who either rent them out at inflated prices or leave them empty so their value increases.

Oh, and they're called things like "Renaissance".

5. You've become such an obsessive penny-pincher...

View this video on YouTube

youtube.com / Via youtube.com

...that this is too true to be funny.

6. Savings? What savings...

You examine your finances and decide to delay buying for a couple of years in order to save up a bigger deposit. A year of working over time and living off baked beans later...and house prices have risen by £40,000. See ya later hesitater.
ons.gov.uk / Via ons.gov.uk

You examine your finances and decide to delay buying for a couple of years in order to save up a bigger deposit. A year of working over time and living off baked beans later...and house prices have risen by £40,000. See ya later hesitater.

7. Pay rise, schpay rise.

Good news: you get your annual pay rise approved! Bad news: your landlord is getting an even bigger pay rise - swallowing up your entire salary increase. And then some.
homesforlondon.org.uk / Via homesforlondon.org.uk

Good news: you get your annual pay rise approved! Bad news: your landlord is getting an even bigger pay rise - swallowing up your entire salary increase. And then some.

8. House viewings are becoming more like cocktail parties

Image courtesy of Creative CommonsYou see your perfect place appear on Rightmove. You phone the estate agent only to be told it had 50 inquiries and 5 offers. This morning.
alwaysorderdessert.com / Via alwaysorderdessert.com

Image courtesy of Creative Commons

You see your perfect place appear on Rightmove. You phone the estate agent only to be told it had 50 inquiries and 5 offers. This morning.

9. Come again?

Sorry, when did "No Social Housing" become a good thing?
standard.co.uk / Via standard.co.uk

Sorry, when did "No Social Housing" become a good thing?

10. Moving 10,000 miles away becomes an increasingly viable option.

With the money you’ve scrimped and saved for years to buy a one-bed miles away from work, you could buy your own private island.
privateislandsonline.com / Via privateislandsonline.com

With the money you’ve scrimped and saved for years to buy a one-bed miles away from work, you could buy your own private island.

11. You (could be) a Wizard, Harry!

If island living isn't for you, you could always jump on the next train out of King's Cross, head north and buy your very own Hogwarts.
search.knightfrank.co.uk / Via search.knightfrank.co.uk

If island living isn't for you, you could always jump on the next train out of King's Cross, head north and buy your very own Hogwarts.

12. The only thing that falls in your price range is a garage in W14.

To be fair, it does have space for two cars. Two!
rightmove.co.uk / Via rightmove.co.uk

To be fair, it does have space for two cars. Two!

13. The more you look at house prices in London...

...the more you like your Mum's offer of having your old bedroom back.
independent.co.uk / Via independent.co.uk

...the more you like your Mum's offer of having your old bedroom back.

14. You've become so fed-up, you start waving around placards...

The London Green Party is holding a series of demos outside new homes built for investors. The first one takes place on Saturday 15th February outside Mount Pleasant in Islington - once home to the Royal Mail, soon to be the site of 700 super-expensive flats.
crumbsforlondon.org.uk / Via crumbsforlondon.org.uk

The London Green Party is holding a series of demos outside new homes built for investors. The first one takes place on Saturday 15th February outside Mount Pleasant in Islington - once home to the Royal Mail, soon to be the site of 700 super-expensive flats.

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