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Debate House Prices


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Commercial property turn into residential with no planning permission needed.

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Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    JonnyBravo wrote: »
    I thought the general opinion was "we have enough flats" ("slaveboxes" for the more frothy individuals) and we wanted more houses?

    Nice.

    I like the little jab ;)

    Care to explain your theory on how you convert one big old mill building, into seperate houses?
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    Nice.

    I like the little jab ;)

    Care to explain your theory on how you convert one big old mill building, into seperate houses?

    Thanks :D

    As for your question. I don't think you can.
    But I seem to recall many a rant on here about stupid developers only building flats, how can you live in them, they're just too small, ra-ra-ra.
    Now someone has mentioned the prospect of very cheap flats it seems a few think "great". Flats are the way forward. By the hundred in old mills etc.
    What can go wrong? :cool:
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    I think the end game to what you propose is people would only ever shop in out of town retail parks.Every park looking the same with the same shops in selling the same boring stuff..

    It really is a hideous thought.....
    People have already voted with their feet, and it has already happened. One of the last truly independent large shops recently shut in my local market town. Everyone blamed the council and supermarkets, but nobody blamed themselves for not shopping there. I would love a return to half day closing and everything closed on Sunday, but the world has moved on. I would rather pay Tesco £5 to deliver my shopping than pay £6.50 for the bus to trudge around town. Those empty shops put people off town centres, and they are never returning in any meaningful commercial way. Apparently my village used to have a dozen shops and a cinema. Apart from one shop it is all housing now.
    Been away for a while.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Cleaver wrote: »
    No offence intended Pastures, but didn't you sell your home close to peak because you felt they had reached a very high price, and by selling and renting for a while you had the objective of buying back in to the market at a cheaper price later on?

    To me, this is a perfect example of speculating on houses.
    No, I sold as I hated it and was trapped in it. Couldn't afford to maintain it, no work in the area to get a decent job to be able to afford that. Didn't want to be stuck in it for what I saw as about 8 years.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Nice.

    I like the little jab ;)

    Care to explain your theory on how you convert one big old mill building, into seperate houses?
    Quarters. Four houses, each on a corner.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    JonnyBravo wrote: »
    At least you're aware. Now to do something about it.

    There is always "something" that stops you it seems. Is it part of your "condition"?
    Too much focus on "Why not" not enough focus on "Why not?".
    Absolute fear of decisions. That stops me.
    Fear... of everything really.
    :)
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 20 March 2011 at 1:55PM
    No, I sold as I hated it and was trapped in it. Couldn't afford to maintain it, no work in the area to get a decent job to be able to afford that. Didn't want to be stuck in it for what I saw as about 8 years.

    Apologies. For some reason I had in my head that you thought house prices were looking toppy, and this was one of your reasons for selling.

    But you have posted this in the past, which sounds a bit like speculation to me:
    I STR'd because I thought house prices would drop

    Not all STR is about direct financial gain, it's also about freedom from the responsibility and cost of a house one can't afford, in an area one dislikes.

    The belief that the market was probably going down/stagnating was my final decision maker.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 20 March 2011 at 2:27PM
    Cleaver wrote: »
    Apologies. For some reason I had in my head that you thought house prices were looking toppy, and this was one of your reasons for selling.

    But you have posted this in the past, which sounds a bit like speculation to me:
    It was a lot of reasons, which I don't always write properly/coherently.

    I bought a house that needed work, to live in. I had a serious change of circumstances and for 5 years sat in that house without a life, while it needed work and while I struggled to find jobs over minimum wage. A lot of the time my mortgage was 6-10x my income. I felt prices would fall and I thought in a falling market I'd actually become "stuck" in my house as nothing was shifting. And I didn't want to be stuck in it.

    So, all in all, looking at everything: the house, access to services, access to jobs, income potential, market changing ..... and at the time interest rates were going up and up, with more increases in the pipeline..... it was the best thing to do for me, with the information I had to hand at the time.

    Putting prices aside, interest rates had been rising and were going to be rising again; I couldn't afford it.

    I hardly left the house for 5 years, mostly sitting in with the lights out and eating beans to save money for the next bit of maintenance needed. I went one entire winter without heat/hot water. I couldn't face another eight years of that, alone... by which time it'd be retirement time and my life will have whooshed past my face while sitting looking at 4 walls I hated.

    Lots of straws, one has to be the final one.

    Not sure if that's explained it properly; I am not good at this kind of explanation/writing. I cannot communicate effectively in this medium.
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Not sure if that's explained it properly; I am not good at this kind of explanation/writing. I cannot communicate effectively in this medium.

    No, what you wrote makes sense, thanks. And in my opinion you communicate more effectively than 95% of the people on here.
  • ILW
    ILW Posts: 18,333 Forumite
    edited 20 March 2011 at 2:56PM
    Cleaver wrote: »
    No, what you wrote makes sense, thanks. And in my opinion you communicate more effectively than 95% of the people on here.

    She dont comunikate betterer then wot I does.
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