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Professionals send Brixton property prices surging by 15%

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hiraethified
Fantastic news, dahlings!

Brixton Market has helped fuel a surge in house and rental prices in the area, experts said today.

The recent “gentrification” of Brixton and the growing popularity of the revamped Granville Arcade, also known as Brixton Village market, is making it a destination for young professionals and graduates, pushing prices up by as much as 15 per cent.

Agents claim that the surge is being driven by clients who would have previously shunned Brixton in favour of Balham, Clapham and Battersea.

The market, which has become known as a foodie hub, has gone from strength to strength since an initiative by Space Makers Agency to fill the previously empty units in Brixton Village in 2009.

It is now so busy that it is open all week and late on Thursdays, Fridays and Saturdays.

Graham White, sales manager at Foxtons in Streatham Hill, said: “Definitely sale prices have gone up and there’s a very similar pattern in the rental market as well.

“With the market and the whole area being cleaned up, it’s attracting the kind of people who would have previously moved to Clapham or Battersea.”

http://www.thisislondon.co.uk/news/...-property-price-surge-in-brixton-7636474.html
 
Naturally, the Standard's racist readers don't disappoint in the comments section:
some people in the jamaican community could stay on at school , get an education, learn to speak and dress properly ,thereby impressing a potential employer and then be able to afford to live in their own 'hood . or am i missing the point completely that they quite simply dont want to live alongside hardworking white people who dont dress and speak like gangsta chavs ?
pulls them out of their comfort zone ?
Some people from the Jamaican community feel displaced by it but don’t necessarily feel they have a voice". The British people who were displace 50-60 years ago were none too happy either.
 
It's just an estate agent talking the market up, I seriously doubt if the village put 15% on a house price

There has also been talk on here about a reduction in conversions, that would also impact the supply side.

Still, areas get trendy and expensive is hardly new
 
repost from the other thread:
the_market_Tim_Bird.jpg

www.timothybird.co.uk
 
There has also been talk on here about a reduction in conversions, that would also impact the supply side.

Still, areas get trendy and expensive is hardly new

Brixton being trendy and expensive is hardly new either - I thought it'd moved on to camberwell
 
Miss Ryder, an associate campaign executive for Diffusion PR, said: “I’ve just got back from Thailand and Brixton Market really reminds me of it.

“I’m sure everyone wants to live in Sloane Square, but this is the real London.”
:facepalm:
 
One of those web jobs I suspect, probably one specialising in putting together online advertising campaigns for clients. He's could be one of those advertising minions maximising revenue for Facebook for all we know.
 
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