Debate House Prices


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Rise of the squat

Shelter poses a particularly interesting problem at the moment. It is still very much overpriced, with many people paying mortgages and rents that they can no longer afford while numerous properties stand vacant. The solution, of course, is to cut your losses and stop paying. But then you might soon have to relocate. That is OK, because, as I mentioned, there is no shortage of vacant properties around. Finding a good place to live will become less and less of a problem as people stop paying their rents and mortgages and get foreclosed or evicted, because the number of vacant properties will only increase. The best course of action is to become a property caretaker, legitimately occupying a vacant property rent-free, and keeping an eye on things for the owner. What if you can't find a position as a property caretaker? Well, then you might have to become a squatter, maintain a list of other vacant properties that you can go to next, and keep your camping gear handy just in case. If you do get tossed out, chances are, the people who tossed you out will then think about hiring a property caretaker, to keep the squatters out. And what do you do if you become property caretaker? Well, you take care of the property, but you also look out for all the squatters, because they are the reason you have a legitimate place to live. A squatter in hand is worth three absentee landlords in the bush. The absentee landlord might eventually cut his losses and go away, but your squatter friends will remain as your neighbors. Having some neighbors is so much better than living in a ghost town.

https://www.organicconsumers.org/news/getting-prepared-great-collapse-dmitry-orlov

Comments

  • caronoel
    caronoel Posts: 908 Forumite
    I've been Money Tipped!
    Anyone remember SquatNow?

    http://forums.moneysavingexpert.com/member.php?u=231920

    Used to come on here years ago, encouraging people to squat whilst he lived at home with his mummy.

    Gone very quiet recently. I expect he was one of the shrewder bears who used the price crash of 2008 as an ideal opportunity to buy
  • movilogo
    movilogo Posts: 3,234 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Squatting is now criminal offence and from personal properties squatters can be evicted immediately.

    The law was changed couple of years back.
    Happiness is buying an item and then not checking its price after a month to discover it was reduced further.
  • Pobby
    Pobby Posts: 5,438 Forumite
    Seems that at the end of the 60`s, squatting was very popular amongst London trendies.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Lots of mates when I was a student and shortly afterwards squatted.

    A bunch of them squatted a pub in South London and ended up coming to a deal with the owners of the pub that they'd leave when the pub was wanted again. My real friend of the group ended up running a record company. He was the squat DJ.
  • antrobus
    antrobus Posts: 17,386 Forumite
    movilogo wrote: »
    Squatting is now criminal offence and from personal properties squatters can be evicted immediately.

    The law was changed couple of years back.

    Squatting in a residential building has been a criminal offence since 1 September 2012.

    However the author of the piece quoted in the OP would not have known that for a number of reasons.

    The Organic Consumers Association is based in the USA, and the author of the piece is a Russian-American, and neither is likely to be quite on the money as far as UK law is concerned. Not to mention the fact that the piece was written in 2009.

    Anyway, as far I can tell, Dmitry Orlov is one of these people who thinks that economic collapse is imminent; hence the title for the article 'Getting Prepared for the Great Collapse'. Sadly, as we can see, the article was written in 2009; six years later and we are still waiting.:)
  • caronoel
    caronoel Posts: 908 Forumite
    I've been Money Tipped!
    antrobus wrote: »

    Anyway, as far I can tell, Dmitry Orlov is one of these people who thinks that economic collapse is imminent; hence the title for the article 'Getting Prepared for the Great Collapse'. Sadly, as we can see, the article was written in 2009; six years later and we are still waiting.:)

    He missed it

    The great London property collapse was 2008 / 09.

    Prices up 50% in whole swathes of London and the South East from the pre-2008 high point!

    :T:T:T
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