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Could today's Gas Price increases be the final tipping point for the housing market
Comments
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lostinrates wrote: »DH has psoriasis which is better without heating.
Has he tried Dead Sea mud?...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Than what?Properly constructed new houses and flats do use less energy and are actually warmer.
Building regs in this country are becoming progressively tighter in terms of energy usage (Part L). However they are nowhere near Scandinavian or German Passivhaus standards. You won't see triple glazing, super insulation, or super airtight homes with MVHR (Mechanical Ventilation with Heat Recovery) on many new properties.0 -
Than what?
Building regs in this country are becoming progressively tighter in terms of energy usage (Part L). However they are nowhere near Scandinavian or German Passivhaus standards. You won't see triple glazing, super insulation, or super airtight homes with MVHR (Mechanical Ventilation with Heat Recovery) on many new properties.
yes you will0 -
>Well its going to effect the prices of gas central heating properties.<
But the per KWhs cost of gas is much lower than electricity...it's houses with warm air or underfloor heating using lecky that will cost a bomb to run.0 -
PasturesNew wrote: »When I was a kid, we woke up in the winter with ice on the inside of the windows, usually at least half way up. We had a single fire in the living room, that was it. Dad would get thick plastic sheeting and fix it to the windows. In later years, when more modern things were available, he had panes of glass cut to fit - they were edged in a rubber and would stay in place with screw in fixings.
Ah, memories of vests, liberty bodices, furry boots with zips up the front, mottled legs, frosty breath as you lie in bed - the good old days!
I would rather do the weezle eating on 50p a day each adult (thread on OS)than give up being warm!0 -
amcluesent wrote: »>Well its going to effect the prices of gas central heating properties.<
But the per KWhs cost of gas is much lower than electricity...it's houses with warm air or underfloor heating using lecky that will cost a bomb to run.
exactly
also don't forget
40% of our electricity comes from gas0 -
but it will affect the more heavily indebted, and the asset rich, cash poor, most of all.
it will unfortunately also have a very deleterious effect on the very poorest on fixed incomes, who traditionally have higher fuel tariffs due to the use of prepayment meters, and an inability to switch suppliers.
Yep - the other essentials are going up in price. Food, energy and having a roof over your head are pretty much the big essentials IMO.
Wages aren't increasing to compensate (not yet, anyway) so something's gotta give. I think discretionary spending will be hardest and first hit but the 'luxury' of paying an enormous wedge for an average house is something else that can no longer be justified. People will be looking for value if they are buying a house, moreover the headline house price falls means that buyers now expect it.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
lostinrates wrote: »Happens to us a bit....DH and I rarely use heating, out o choice, not tightness, but of course money svaing is a big bonus! In fact, its really healthy..no dry skin or dried out hair, fewer colds. DH has psoriasis which is better without heating. We have always turned it on for friends visiting or high days and holidays, or if one of us should be unwell, but it drives me mad when people say its too cold when they are wearing light t shirts....whack the heating up without trying either doing something (housework is ok, ironing is fab for warming up) or putting a jumper on. We NEVER out the heating above 21 degrees even when visitors are cold(we're meanies) but for just us we'd heat to say 19 degrees.
When I was little I remember my mother making the cold fun, but say, racing to get dressed first or pretending we were eskimos in bed....we understood it was winter. People just don't dress warmly nowadays. I sound like a granny.
Yep!
19C is Baltic. Don't know how the hell you can comfortable in a temperature as low as that. My wireless thermo sits at 22C all year round and is just right for me, but then again I spend the majority of my time sat on my !!!! in front of a PC so never really do much to work up a sweat.
Rob0 -
Well its going to effect the prices of gas central heating properties. I'm not going to buy one of those, its going to be electricity for me especially when there is so much choice in properties.
In the next few yes it is going to be ex council estate homes, properties above shops or next to busy roads, new build flats and gas heated homes that are going to have the biggest drops.:beer:
Is this a wind up?
Try switching to electric heaters & see how much you save.
I think close to 40% of the UK electricity currently is produced by gas - a product of the dim witted dash for gas by the power generation companies.
Using gas to heat a home will ALWAYS be more efficient than generating electricity using gas, then inefficently transmitting that electricty to homes.US housing: it's not a bubble
Moneyweek, December 20050
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