Debate House Prices


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What is a "starter home"

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    1-2 bed house / 2 bed flat
    Let's do the twist :)

    I said less and less. Not that the figures ARE less, just less people are buying as couples.

    Simples!

    Remmeber guys, no one is right here. No one is wrong. It's opinions only :)

    At least we know which insurance broker you use icon7.gif
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  • tara747
    tara747 Posts: 10,238 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    1-2 bed house / 2 bed flat
    flea72 wrote: »

    i wouldnt say a flat of any size, would fall into the starter home category, as i think of 'homes' being a house rather than a flat

    Flea

    Hear hear!!
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  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Other - Explained.
    tara747 wrote: »
    Hear hear!!

    i thought in the better parts of london you had no choice unless you were on mega£
  • neas
    neas Posts: 3,801 Forumite
    1-2 bed house / 2 bed flat
    To me flats are what buy to let investors get... the flats house couples while they save up for a house... then they leave and another young couple move in for a couple years.
  • roseland69
    roseland69 Posts: 113 Forumite
    1-2 bed house / 2 bed flat
    tara747 wrote: »
    Hear hear!!

    Depends how big the flat is. Ours (which we are just selling) is over 1,100 square feet. 2 bed. Victorian conversion (i.e very high ceilings and solid) With garden. Its all in the amount of space (or lack of!) and quality of the build. To me at least.
  • stumpycat
    stumpycat Posts: 597 Forumite
    edited 25 June 2009 at 2:46PM
    tara747 wrote: »
    Hear hear!!

    So these aren't homes?
    http://www.espc.com/Buying/277602.html
    http://www.espc.com/Buying/270692.html
    http://www.espc.com/Buying/276718.html
    http://www.espc.com/Buying/276752.html
    http://www.espc.com/Buying/271634.html

    I'm genuinely puzzled...
    So who's going to tell the prospective buyers of the last link (£640 000 of flat) that it doesn't count as a real home!!
  • roseland69
    roseland69 Posts: 113 Forumite
    1-2 bed house / 2 bed flat
    Really2 wrote: »
    i thought in the better parts of london you had no choice unless you were on mega£

    Yep!

    I live in West London. A house on my street just sold for 1.3 million pounds. So flats it is then!

    But as I say, given they are big victorian houses they have lovely proportions (if converted with respect of course). We've loved it here and are sad to go but needs must (schools here not great unless you go private or are happy to go to church for 6 months to prove you are religious when you are, in fact, a screaming athiest!!) :D
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    1-2 bed house / 2 bed flat
    To me, a starter home is a 2 bed house, having said that if you earn the average wage than and average house should be achievable, I know the bulls don't like that statement much, but it always used to be possible before the 2000 bubble, I should know as I did it, along with friends of a similar age/wage.

    Only since the bubble has the talk been of flats, 1 bed flats, studio's and now if Brown had is way, shared ownership flats....... to me this is not an acceptable way to treat our children or grandchildren, why should they suffer for the older generation's greed ?
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Other - Explained.
    stumpycat wrote: »

    Don't worry about it, some are fairly snobbish on property.

    To me you get what you can afford when you need it. In the end of the day it is a roof over your head and a place to sleep.

    If some one says you are not "existing" in a 1 bed they must be fairly materialistic.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 25 June 2009 at 3:48PM
    Other - Explained.
    Well I doubt some will still be able to buy even when the trough is reached and will stil living in a sty. I would hate to live like a pig especially a fat one.
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