Debate House Prices


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Houses for just £1

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  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    Anyway, the mere fact that there are streets of empty houses in Stoke surely indicates that Stoke doesnt need more houses. What it probably needs are jobs.

    Whereas the South East desperately needs more houses, and isnt going to get any.
  • Kennyboy66
    Kennyboy66 Posts: 939 Forumite
    Anyway, the mere fact that there are streets of empty houses in Stoke surely indicates that Stoke doesnt need more houses. What it probably needs are jobs.

    Whereas the South East desperately needs more houses, and isnt going to get any.


    The empty streets of Stoke (and Liverpool, Hull and other places) are from the disasterous aborted "Pathfinder" scheme that Labour started, which was roughly to compulsory purchase, demolish and then rebuild vast swathes of terraced houses at mammoth expense.

    This kind of small, cheap, local scheme renews housing stock, provides employment, attracts home owners into areas - I struggle to see any downsides.
    US housing: it's not a bubble - Moneyweek Dec 12, 2005
  • You would have to pay me an awful lot to get me to live in Stoke.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • Mallotum_X
    Mallotum_X Posts: 2,591 Forumite
    Part of the Furniture Combo Breaker
    Anyway, the mere fact that there are streets of empty houses in Stoke surely indicates that Stoke doesnt need more houses. What it probably needs are jobs.

    Whereas the South East desperately needs more houses, and isnt going to get any.

    Whilst I agree, there are two obvious solutions.

    1, build in SE and demolish i north

    2, encourage jobs to relocate.

    But as to which is best for the country as a whole is clearly open to debate
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    You can buy completed houses for £34999 more in Stoke according to right move.

    http://www.rightmove.co.uk/property-for-sale/Stoke-On-Trent.html?maxPrice=50000&minBedrooms=2&maxBedrooms=3&index=70
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • andy.m_2
    andy.m_2 Posts: 1,521 Forumite
    Use this scheme and you can save £5k then, and also have a more modernised house.
    Win win
    Sealed pot challange no: 339
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    andy.m wrote: »
    Use this scheme and you can save £5k then, and also have a more modernised house.
    Win win

    You've got to live there for five years though.

    It's really not worth it.
  • albionrovers
    albionrovers Posts: 2,028 Forumite
    Got to be many loopholes to get around the 5 year clause though.

    I just can't think of any right now. :)
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    sounds a bit daft, really.

    600 applicants for 35 houses strongly suggests that they set the price too low. £35 won't even come close to covering the admin costs of setting the giveaway up.

    I'm sure that even total wrecks in an area replete with lots of other derelict buildings could have fetched at least a few grand each, maybe lots more.

    would it have been so wrong for the scheme to have covered its costs? or even tried to make money that the council could have spent on doing some of the renovations itself, & then letting them out?
    FACT.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    It looks like a pretty nice area. I guess a lot of local people have a pound.

    http://goo.gl/maps/QJdQM
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