2006-10-25 06:37:27 · 10 answers · asked by reggie 1 in Home & Garden ➔ Do It Yourself (DIY)
as soon as you move out of the area it immediatley is on the up
2006-10-25 06:42:16 · answer #1 · answered by EWE ANCHOR 3 · 1⤊ 0⤋
Contrary to popular belief, areas which have a lot of properties for sale can be on the 'up' - so long as the houses move quickly. Look out for areas that are getting new shops and supermarkets or more especially cafe's/pubs. Business's carry out a lot of expensive research and do not spend fortunes opening in areas that are dropping. If an area can support 'social' premises, then the people moving there have more available money to spend. If house prices are rising quicker than in other area's nearby - this is also a fair sign that there is more competition for them, making the houses more desirable. Checking with estate agents can also be useful - they have local knowledge. Another indicator would be if an area is getting a 'fast link' to dual carriageway - if its easier to reach, more people will want to move into the area - if the new road is going to run through the middle of a peaceful haven - its going to go down or if a smelly chicken factory, chemical factory has been demolished to make way for housing - other housing in the area will be more desirable.
2006-10-25 07:17:07 · answer #2 · answered by geminii_lady_in_fife 2 · 0⤊ 0⤋
Several neighborhoods here in Brooklyn, NY have been "Gentrified". Housing prices dropped in many areas and "Yuppies" buy low. They renovate and others do the same. Next thing you know. Artsy-Fartsy shoppe's start to open up like coffee house's and tea house's and antique shops...etc, etc. Next thing you know you can't afford to live there unless you are a D.I.N.K. That is Double Income No Kids. Examples here in Brooklyn, DUMBO, That is Down Under Manhattan and Brooklyn Bridge Org.....Park Slope, Carroll Gardens, Boerum Hill. These areas were depressed when all the old poor working class Italians and Irish lived there. When they died off either there kids sold the house cheap or the banks repossessed. Now you pay upwards of $2000.00 a month for rent. An old Brownstone house sells for 7 figures.....I grew up in those areas 60 years ago. The Brooklyn/Manhattan Bridge area was tenements and factories, now there luxury lofts.....with a view of the New York Skyline.....Who knew?
2006-10-25 06:55:15 · answer #3 · answered by Tom M 3 · 0⤊ 1⤋
The cars come off the blocks in the front yard and replace them with grand pianos.
2006-10-29 01:36:01 · answer #4 · answered by mountainriley 6 · 0⤊ 0⤋
Lot's of estate agents
2006-10-25 08:10:55 · answer #5 · answered by greybeard 2 · 0⤊ 0⤋
boards coming off the windows
2006-10-25 06:51:39 · answer #6 · answered by lee f 2 · 0⤊ 0⤋
More used condoms
2006-10-25 06:45:42 · answer #7 · answered by Anonymous · 0⤊ 0⤋
property prices increase
2006-10-25 08:03:33 · answer #8 · answered by Anonymous · 0⤊ 0⤋
the graffiti is spelt correct
2006-10-25 06:50:53 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Could you please rephrase your question? What area are you talking about exactly?
2006-10-25 06:45:00 · answer #10 · answered by blackwing873 3 · 0⤊ 0⤋