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Debate House Prices


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Is this a good or bad thing

2

Comments

  • wotsthat
    wotsthat Posts: 11,325 Forumite
    It is such a pity that the same trolls come along everytime and just trash every thread. Their only thought is "where is he going with this" and assuming one particular thing that they dislike and throwing a counter punch from the start.

    With you on that Kim.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    wotsthat wrote: »
    With you on that Kim.

    LOL.

    Calm down dear.....;)

    I don't mind Foxy when he's in a contemplative mood.

    He can sometimes raise interesting points to debate.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • LOL.

    Calm down dear.....;)

    I don't mind Foxy when he's in a contemplative mood.

    He can sometimes raise interesting points to debate.


    He still has not explained what the issue with Kimbolton is yet, he just knows that maybe there should be one!! but he has know idea what it is:)
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    He still has not explained what the issue with Kimbolton is yet, he just knows that maybe there should be one!! but he has know idea what it is:)

    Who's Kimbolton?
  • DervProf
    DervProf Posts: 4,035 Forumite
    Come Monday morning 2nd April 2012 he is able to put 3 million of these properties onto the UK housing market at the price of £75k.

    Is this a good or bad thing??

    A good thing, although unlikely, if not impossible.

    Good thread though.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    DervProf wrote: »
    A good thing, although unlikely, if not impossible.

    Good thread though.

    3m new houses by Monday - I think I'd be edging more towards the impossible than unlikely.

    If you think 3m new homes dropping into supply is good you must be gutted that at current supply rates it would take the best part of 30 years to build that many.
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    edited 31 March 2012 at 9:12PM
    It isnt impossible perse. I suggest you see the number of former armed forces bases (some of which are VAST) available. All it takes is the planning office to stop being a bunch of c you next tuesdays and it could happen.

    Of course, it wont.

    The costings also need reviewing.

    Having done a renovation on a 5 bed detached and forked out nigh on 30K on renovation alone, there would be very little profit after labour, certification and of course administration costs (health and safety, land searches etc). Installation of services alone would set you back close to 10k if you in a relatively difficult to reach area. The latest Building regs are very, very strict on insulation values and pretty pricey to attain.

    You then have local services, schools, dentists, doctors, the dole office in northern areas to include.
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    If you listen carefully you can hear the death rattle of this forum.
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    If you listen carefully you can hear the death rattle of this forum.

    Ok Boss...
  • DervProf
    DervProf Posts: 4,035 Forumite
    edited 31 March 2012 at 9:44PM
    wotsthat wrote: »
    3m new houses by Monday - I think I'd be edging more towards the impossible than unlikely.

    If you think 3m new homes dropping into supply is good you must be gutted that at current supply rates it would take the best part of 30 years to build that many.

    Not gutted, just disappointed.

    For me, it's not about winning an argument over an anonymous internet adversary (well, I suppose it is, in this context), but more of a belief in what's fairer for more people.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
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