Jump to content


Photo

Ryedale - Among The Highest House Prices In Northern England


  • Please log in to reply
1 reply to this topic

#1 The Ayatollah Buggeri

The Ayatollah Buggeri

    I live on HPC!

  • Members
  • PipPipPipPipPipPipPip
  • 7,562 posts
  • Location:Redlands, CA, USA (expat - formerly Yorkshire)

Posted 22 December 2010 - 08:26 AM

YEP:

RYEDALE is one of the most expensive places to buy a house in the North of England.

The National Housing Federation found the average house price in the district for 2009 was 208,816, 11.7 times the average income of 17,800. Topping the list is Eden in Cumbria, where the average house price was 14.2 times the average income. Harrogate came third in the poll. At the other end of the scale the three most affordable areas in the North are Burnley, Sedgefield and Copeland, in West Cumbria.

Derek Long, National Housing Federation head of North region, said: "Owning a home in the North of England is becoming increasingly difficult. As the public sector cuts start to bite, more and more people will be looking for an affordable home to rent or buy.

"But there simply are not enough available as the 600,000 people on the waiting list for affordable rented housing in the North demonstrates.

"So unless Father Christmas stuffed your stocking with 50 notes, 2011 will be another bleak year for people trying to get on the housing ladder."

He said: "Housing associations across the North are working hard to help combat this housing crisis. But without the right levels of flexibility and investment things will get much worse for hundreds of thousands of individuals and families across the North."


I don't buy the analysis. A lot of the picture postcard villages dotted along the A64 between York and Scarborough have a significant proportion of second homes in them, owned mainly by people from the south-east. But even if you do accept the 'As public sector cuts start to bite...' part, that will surely have the effect of driving house prices down, especially as around 70% of the jobs paying above the national average salary in Yorkshire are either directly in the public sector or dependant on it?

Edited by The Ayatollah Buggeri, 22 December 2010 - 08:27 AM.


#2 Si1

Si1

    I live on HPC!

  • Members
  • PipPipPipPipPipPipPip
  • 18,390 posts
  • Location:leeds

Posted 22 December 2010 - 10:16 AM

"As the public sector cuts start to bite, more and more people will be looking for an affordable home to rent or buy."

eh??

ergo this will push house prices up or something?

why do stupid people get column inches in the press...




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users