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Debate House Prices
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Selling our BTL in this economic recession... how's that for on topic?
Comments
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Dam being a Southerner/Londoner. That is a lot of house for 115k.
Our 1st house was falling down, in a grot area (area thoroughly slaggged off on other board some time back when someone enquired why property was 'more affordable' there).
It was 1990, it was a Victoriam 2 bed Detached cutsey cottage with very large upstairs bathroom in un-useable condition (someone obviously put bathroom in before S Beeney made progs as could have been box room + bathroom).
It was sound, new roof and wooden sash windows (paid for on a council grant he obtained before selling) but apart from that, it was derelict-ish.
No useable kitchen or bathroom, no heating, large garden of 100' covered in interlocking homemade sheds...they would be borderline Turner Prize nowadays.....and with lots of foxes burrows underneath them..and fox families.. ..
They were the mangy, SE London types though......not so nice.
The very mangy but sad female would wander into the unusable kitchen once back door OH had planed down so it would open.
And it was 60k...after prices had fallen from 1987 peak by approx 25%. It was originally put on market for £85k roughly.
Given what wages are overall now, things like tax credits if one has kids and the rest......115k seems pretty OK to me for a house that you could have a couple and a kid or 2 in.0 -
Thread Closed.0
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Thread Opened.
Favourite hobbies: Watersports. Relaxing in Coffee Shop. Investing in stocks.
Personality type: Compassionate Male Armadillo. Sockies: None.0 -
Thread reported to [EMAIL="Abuse@Moneysavers"]Abuse@Moneysavers[/EMAIL] and moved to Discussion Time.0
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Hey mewbie leave this thread alone, I've not had my prize yet.0
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whats up mewbie?0
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Jealous of the attention Cleaver gets on here.0
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Prize.. hah! Empty promises I'm afraid. No, I have sussed this thread out now. Cleaver, having been PPR'd for a while, has come back and is spinning a yarn about getting out of BTL in order to inflate his already ridiculous thanks count to unheard of territory.Hey mewbie leave this thread alone, I've not had my prize yet.
Whereas a real bear like myself has managed to stay under the PPR radar AND keep it real.0 -
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