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Thanks for info. I really appreciate.
This mythical property recession just hasn’t happened.
I feel like Dennistoun is as far outside the city as I’d want to go. Living in old white person suburbia is literally my worst nightmare.
As mad as the market is in Glasgow, borrowing a quarter mil over 25 years is still cheaper than renting in Edinburgh!
bazschmaz-
This mythical property recession just hasn’t happened.
You have to consider the effect of the government flooding the economy with money and interest rates staying low. It's uncharted territory but the government has to fix every problem it causes with more money, until they can't, then an inflation led recession that will make the '80's look like a picnic would be one possible result. The ingredients are there.
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Dennistoun is right next to city centre, easy to get back and forth, its a lot of the south side thats alienated from it. Lived briefly in a fancy spot in Pollockshields (big houses close to the river, not the other pollock) but aside riding, getting back and forth felt like going between two towns via an industrial zone, not much fun. All the other areas are much further away, however you'll probably feel like you don't need the city as the amenities in those areas are really good, very 'now' feeling.
Edinburgh is mental, know loads of folk who moved that way in around 2008-12 because Edinburgh was where it was at, but then maybe too many people were drawn to it and the prices went IMO London level crazy where you would see an advert, ring the agent immediately and offer deposit based on 3 lines of text and 2 potato photos.
IN last 5 years, ALL of those folk esp those now with young family eager for more space are back in Glasgow.
- on Suburban hell, Glasgow has plenty of those car centric estates that you can only access off a main road outside of the city, then drive for what feels like a lifetime through winding streets with speed bumps until you arrive at your very own slice of it. Worst ones are around Newton Mearns, and north of Bearsden and Drumtocher, anytime I'm riding bike along those roads, the approach to those estates is the most dangerous part of my ride, low spec leased white audi's everywhere driving like utter twats.
- on Suburban hell, Glasgow has plenty of those car centric estates that you can only access off a main road outside of the city, then drive for what feels like a lifetime through winding streets with speed bumps until you arrive at your very own slice of it. Worst ones are around Newton Mearns, and north of Bearsden and Drumtocher, anytime I'm riding bike along those roads, the approach to those estates is the most dangerous part of my ride, low spec leased white audi's everywhere driving like utter twats.
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The recession isn’t gonna bit until furlough ends that for sure, but this magic money tree can’t last forever and as someone else said in this thread folk are gonna be on beans and toast when it hit with the stupid amounts folk have over paid rn.
I’m sitting tight till it hits, as it’s coming and to think it’s not is insane
Airhead
BrickMan
konastab01
I would advise if you don't have to move here right now, don't. It'll cool down eventually. I feel quite a few people are going to have egg on their faces, or maybe no egg's in their food for many years to come with how much they've burdened themselves with by bidding too much.
Theres a corner ground on my street (only the one door for whole tenement), massive garden by tenement standards, took months to sell and honestly it probably went for an actual fair amount (offers over £225, went for £248 eventually). It did need something with mains drains dealt with, saw the builders on it yesterday, took 4 guys 6 hours and its done, so maybe £1-2k of work at the worst? When normal upper floor flats (somehow seen as more desirable because they are brighter feeling) in the immediate vicinity (needing also work) have been in the £240-260 region. Corner ground flats have a bit of extra space too usually.
Dennistoun is kinda overrun already, ship sailed on that one around 4 years ago IMO. Many mates have moved there in the past 10 years and price (esp rent) has shot up like crazy and are now being forced out further east.
Parking is bad there are lots of flat shares and lots of folk drive for work in those parts.
Was walking dog around Scotstoun village (scotstoun conservation area) today in the sun, its really nice, shops aren't great as its Whiteinch, but north of Dumbarton road is safe, nice feeling, very green and leafy and pricing is more stable. Between Dumbarton road and south street is what most people think Glasgow all looks like.