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Debate House Prices


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So what have we learnt from the recession?

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Comments

  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    dont think there is a shortage of houses in uk tbh (admit homeless situation isn't great but think this is mainly down to other factors)

    there may be a shortage of houses for SALE in the uk. pretty sure this isn't the same thing imo

    That does not make sense could you expand. I thought there were over 1m people up to the age of 30 living with parents, that does not sound like their is a vast supply otherwise they could rent.:confused:
    Also how would you explain the SE costing more than the rest of the UK?
  • geoffky
    geoffky Posts: 6,835 Forumite
    1 million homes for sale in the uk and 788210 empty homes in the uk....sorry no shortage of homes.

    http://www.emptyhomes.com/
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • geoffky wrote: »
    1 million homes for sale in the uk and 788210 empty homes in the uk....sorry no shortage of homes.

    http://www.emptyhomes.com/

    Gotta query the number for sale, especially if the figure is attained from righmove and multi repeated advertised same property.

    Interesting however on the number of empty properties in England.
    Surely scope there for people to be able to buy and renovate?
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • dgl1001
    dgl1001 Posts: 183 Forumite
    geoffky wrote: »
    1 million homes for sale in the uk and 788210 empty homes in the uk....sorry no shortage of homes.

    http://www.emptyhomes.com/


    Problem solved everybody. Can you form an orderly que for
    • run down homes homes in need of repair which do not meet basic living standards
    • run down homes which would cost more to rebuild than renovate questioning the viability of these homes
    • run down homes owned by the council who are unable to renovate due to a lack of funds
    • homes where no one wants to live
    • homes which are empty are for a shirt period of time and are therefore unable to accomodate people on a long term basis
    • homes going through probate
    • homes where the owners are in hospital/ prison
    the list goes on and on and on.....this isn't the answer
    • homes
    [IMG]file:///C:/DOCUME%7E1/DLEWIS%7E1.HEN/LOCALS%7E1/Temp/moz-screenshot-3.jpg[/IMG][IMG]file:///C:/DOCUME%7E1/DLEWIS%7E1.HEN/LOCALS%7E1/Temp/moz-screenshot-4.jpg[/IMG][IMG]file:///C:/DOCUME%7E1/DLEWIS%7E1.HEN/LOCALS%7E1/Temp/moz-screenshot-5.jpg[/IMG]
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Q So what have we learnt from the recession?

    A: Avoid Devon.:)
  • penguine
    penguine Posts: 1,101 Forumite
    Part of the Furniture Combo Breaker
    I see many properties that could be done up and lived in but its the snobbery (for want of a better word) of todays culture that we choose not to.

    I don't really think this is the case. There have been so many property development programmes on TV the past few years that I think demand has actually gone up for these kinds of houses. Lots of people see it as a way to get a property done up exactly the way they want.

    Unfortunately though even fixer-uppers have been really overpriced recently. Last summer we were looking at buying a terraced Victorian house that needed a lot of work. We loved the house, but it hadn't been modernised since the 1950s and the sellers wouldn't come down below £270k on the price. That wouldn't have left us enough money to do any work on the house.
  • dgl1001 wrote: »
    Problem solved everybody. Can you form an orderly que for
    • run down homes homes in need of repair which do not meet basic living standards
    • run down homes which would cost more to rebuild than renovate questioning the viability of these homes
    • run down homes owned by the council who are unable to renovate due to a lack of funds
    • homes where no one wants to live
    • homes which are empty are for a shirt period of time and are therefore unable to accomodate people on a long term basis
    • homes going through probate
    • homes where the owners are in hospital/ prison
    the list goes on and on and on.....this isn't the answer
    • homes
    [IMG]file:///C:/DOCUME%7E1/DLEWIS%7E1.HEN/LOCALS%7E1/Temp/moz-screenshot-3.jpg[/IMG][IMG]file:///C:/DOCUME%7E1/DLEWIS%7E1.HEN/LOCALS%7E1/Temp/moz-screenshot-4.jpg[/IMG][IMG]file:///C:/DOCUME%7E1/DLEWIS%7E1.HEN/LOCALS%7E1/Temp/moz-screenshot-5.jpg[/IMG]

    While I acknowledge your sarcasm, you do also back up my point above about current day culture and property / area snobbery.
    In generations gone past there wouldn't have been the same culture.

    On saying that I don't think it can be fised on an individual basis but they are properties on land which could be redeveloped and returned to acceptable living accomodation.

    P.s. your pictures need to be on the net and the hyperlink utilised to see on here.

    Go to http://imageshack.us/
    upload pictures
    copy the image web address
    paste in as a picture on your post
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    On saying that I don't think it can be fised on an individual basis but they are properties on land which could be redeveloped and returned to acceptable living accomodation

    True but who pays for it? Also if financialy viable (after infrastucture costs etc)
    Why have they not already been done, we have just seen the biggest property boom ever yet these were still not purchased and done up.

    There must be some serious reason why and perhaps, price to make habitable, location and sustainability has a lot to do with it.
  • Afriend wrote: »
    You don't need to spend cash to enjoy yourself esso. In fact, some of the most enjoyable activities are free.

    you still have to buy the tissues.
  • Really2 wrote: »
    True but who pays for it? Also if financialy viable (after infrastucture costs etc)
    Why have they not already been done, we have just seen the biggest property boom ever yet these were still not purchased and done up.

    There must be some serious reason why and perhaps, price to make habitable, location and sustainability has a lot to do with it.

    Sorry Really, I don't have the answers.
    I presume that there is not a business yield being accrued i.e. they are not being rented or sold so you would think there would be a market value for potential developers and the owners could agree on.

    It may come down to risk, doing up undesireable areas and much easier to build new build.

    Just pointing out there is an oppertunity that could be looked at.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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