Why all the anguish about renting?

Chris2685

I suppose it is possible at a strech, if you know exactly what you're doing, already have the land and don't want anything much bigger than a shed.

Oh yeah, I just remembered the flat pack homes you can buy... But they don't factor in plumbing, wiring, etc...

http://www.dailymail.co.uk/news/article-1290552/Tesco-launches-DIY-flatpack-home-9-999-19-998-Clubcard-points.html

ILW

twirlypinky wrote: »

blimy, what crawled up your bum and died?

The reason we don't all save up and buy development land and build our own property is:

a) Unless i found some probably illegal way of getting more income, I'd have to save for about 20 years just to get the land, and then the same again to get the property built.

b) We don't all have the skills, and would have to pay other people to do pretty much all of the work for us. I mean okay, I'm alright with a paint brush, and i managed to hang a door once, and tiling doesn't look too hard, but at the end of the day I'm a 28 year old girl

c) If we all did it, there wouldn't be enough land to go around

Can you still be a girl at 28?

Graham_Devon

Chris2685 wrote: »

I suppose it is possible at a strech, if you know exactly what you're doing, already have the land and don't want anything much bigger than a shed.

Oh yeah, I just remembered the flat pack homes you can buy... But they don't factor in plumbing, wiring, etc...

http://www.dailymail.co.uk/news/article-1290552/Tesco-launches-DIY-flatpack-home-9-999-19-998-Clubcard-points.html

Take no notice of chucky.

It was me who said it, and he's stripped it of all context.

The 12k was JUST for the labour required and excluded all materials etc. It was also for a "shell" as it were, as fittings were all done by the bloke I was talking about at the time.

So in other words, he had all the materials, had the land, had sorted the legalities, just needed someone to put it all together to shell form, as it were.

twirlypinky

ILW wrote: »

Can you still be a girl at 28?

In my head I'm about 17. I don't know, i don't feel like a proper grown up, i still feel like i child playing house or something.

angrypirate

Why all what anguish about renting?
I save hundreds of pounds a month without even having to attempt to scrimp and save. My girlfriend also saves a few hundred every month.

Every time there is something wrong with the property i contact my landlord who has an obligation to fix it costing me nothing.

Dont get me wrong - id love to buy somewhere, but what i can afford and what i want are two different things. Right now the price of property isnt going anywhere (ok, possibly down but its certainly not going up) and my deposit is only getting bigger.

If you go onto the house buying and renting forum you'll see anguish there from both buyers and sellers. The anguish from sellers is that no one is buying and the anguish from buyers is that sellers are refusing to drop their prices... I can guess which one will give first.

leitmotif

Fiddlestick wrote: »

Funny, switch HPC for HPI and you have exactly the opposing view

Haha, exactly. The only thing that counts is the economic fundamentals. Average annual income versus average house price versus availability of credit. I've never seen a convincing argument from the HPI camp as to why house prices could continue to inflate. The only vaguely tenable argument is short supply, but this fails on a number of levels:

1) Short supply didn't prevent falls in the past (e.g. 2008).
2) If houses were genuinely in short supply, then we would have tens of thousands of people on the street waiting for houses to be built.
3) Short supply has pushed up asking prices (e.g. towards the end of 2009 in particular), but that doesn't mean the properties are selling at those prices, so it's misleading.
4) People's picture of supply and demand is only one-dimensional if it assumes demand is only about desire to buy properties. Demand is fuelled by supply of credit, and as credit is highly restricted at the moment and will certainly continue to be so next year (banks have to pay back huge sums to the government), demand will be subdued for the short to medium term. This in turn will lead to a deflationary effect on house prices.

All in all, I have yet to see a convincing argument as to why house prices might continue to rise.

PasturesNew

OP, if you were doing two jobs and building your own house, you can't have been doing proper jobs.

Just one proper job when I work takes me away from the house 12-13 hours/day.

Most land for building on, that's affordable, is somebody's scrotty bit of garden or a sh1tty looking bit of cr4ppy wasteland. The locations are wrong.

You'd need to really be on site, or close to it, keeping an eye on things and having a quick catch up daily at least to make sure the right decisions/work was being undertaken and no corners being cut. Then there's all the materials to be ordering and receiving and checking. And loads of other things. To do it properly you can't just hand over a set of plans then come back 4 months later for the keys.

I have zero skills. I can't even paint a straight wall so it looks nice.

headcone

PasturesNew wrote: »

OP, if you were doing two jobs and building your own house, you can't have been doing proper jobs.

Just one proper job when I work takes me away from the house 12-13 hours/day.

Most land for building on, that's affordable, is somebody's scrotty bit of garden or a sh1tty looking bit of cr4ppy wasteland. The locations are wrong.

You'd need to really be on site, or close to it, keeping an eye on things and having a quick catch up daily at least to make sure the right decisions/work was being undertaken and no corners being cut. Then there's all the materials to be ordering and receiving and checking. And loads of other things. To do it properly you can't just hand over a set of plans then come back 4 months later for the keys.

I have zero skills. I can't even paint a straight wall so it looks nice.

Absolute tosh,I lived on site worked as a Transport manager for a local haulier and as a self employed home worker.

Many days consisted of full time work,home for half an hour meal break which was usually a nap and then followed by a full nights work.

A little breakfast 30 mins sleep and back to the day job grind.

Oh and please enlighten me.What is a proper job?

PasturesNew

headcone wrote: »

Absolute tosh,I lived on site worked as a Transport manager for a local haulier and as a self employed home worker.

Many days consisted of full time work,home for half an hour meal break which was usually a nap and then followed by a full nights work.

A little breakfast 30 mins sleep and back to the day job grind.

Oh and please enlighten me.What is a proper job?

So when did you actually build the house then? If you were working 23 hours and having two 30 minute naps?

My "proper job" would be sitting on my 'arris in an office probably from 8-6, plus a commute of 2 hours/day. And that'd be on a normal/light day. Then you get all that free overtime stuff you have to put in to complete stuff.

Graham_Devon

headcone wrote: »

Absolute tosh,I lived on site worked as a Transport manager for a local haulier and as a self employed home worker.

Many days consisted of full time work,home for half an hour meal break which was usually a nap and then followed by a full nights work.

A little breakfast 30 mins sleep and back to the day job grind.

Oh and please enlighten me.What is a proper job?

Are you talking out of your derriere?

You are a BTL landlord, 2 properties apparently, who comes along as basically asks what the problem is, with the solution to the problem being "build your own", while you profit from those you are asking what the problem is.

Building your own obviously works for some, but not for others.

I'm just wondering though, you were doing 2 jobs, plus building a house, plus nipping home at lunchtimes (!?), plus raising 2 kids.

Not really a solution is it. More a case of "how to take 10 years off your life through stress".

Got any older posts which refer to this home you built yourself?