Debate House Prices


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Concrete over the greenbelt. Generation Rent is at breaking point

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Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    I guess the building economics is that
    -it takes the same land for a 2 bed bungalow as a 4 bed house
    -the build cost of a 2 story place is only 50% more than a one story place

    but of course the selling price is determined by supply and demand in that particular neighbourhood.
  • remorseless
    remorseless Posts: 1,221 Forumite

    Bungalows will always be the most popular option for retirees - with a garden, private parking or garage, maybe a shed or conservator, none of which you would get with a flat.

    Out of curiosity - as it's defo a preference I suppose... why is it the popular option? For retirees, are we talking 65/67 young or much later in life (late 80s/90)?

    I couldn't think of anything worse than being in a bungalow, a small flat with a lift with a winter garden maybe...I am too urban!

    What about bungalows in more affordable locations? or is that also a no-no?
  • missyrichards
    missyrichards Posts: 1,148 Forumite
    Some people buy bungalows so they can build a new larger house because the plot sizes are often so generous.

    I'm not that old but I would like to live in a bungalow. I think it would be nice to live on one level.:D
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Out of curiosity - as it's defo a preference I suppose... why is it the popular option? For retirees, are we talking 65/67 young or much later in life (late 80s/90)?

    I couldn't think of anything worse than being in a bungalow, a small flat with a lift with a winter garden maybe...I am too urban!

    What about bungalows in more affordable locations? or is that also a no-no?

    What do you do in a flat if you have stuff that you need store securely that can't be bought into flat. Some people enjoy gardening.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    CLAPTON wrote: »
    I guess the building economics is that
    -it takes the same land for a 2 bed bungalow as a 4 bed house
    -the build cost of a 2 story place is only 50% more than a one story place

    but of course the selling price is determined by supply and demand in that particular neighbourhood.
    I can see the economics of why bungalows aren't built but if you want to encourage older people to move and free up larger properties you have to give them what they want.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    cells wrote: »
    Maybe its pensioners in 4 bed homes who want/need to sell and buy a bungalow who are setting the price by bidding the maximum they have which is the money from their 4 bed house sales
    Probably true but that would indicate there is a shortage.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    I find the idea of people mouldering away alone in large properties terribly sad.

    I believe all retirees should be given the opportunity to live in lively communities where they can also perform useful jobs for their communities.

    Things like making lunches for younger workers. Childcare. Cleaning, and basic car maintenance. Doing the shopping run for young families. Baby sitting. And gardening for those who are at work during the day.

    These are all things they could do that they would enjoy. And these quotidian needs being fulfilled would go a long way toward redressing the grievance of the young being robbed of housing.
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    I find the idea of people mouldering away alone in large properties terribly sad.

    I believe all retirees should be given the opportunity to live in lively communities where they can also perform useful jobs for their communities.

    Things like making lunches for younger workers. Childcare. Cleaning, and basic car maintenance. Doing the shopping run for young families. Baby sitting. And gardening for those who are at work during the day.

    These are all things they could do that they would enjoy. And these quotidian needs being fulfilled would go a long way toward redressing the grievance of the young being robbed of housing.

    Awesome - I realise now my plan for execution of the elderly was too short sighted; enslavement is the way forward.

    I was thinking along some similarish lines the other day regards socialists - before being allowed to vote socialist you must first of all donate all your material wealth to the state and do at least 40 hrs a week unpaid work.

    Only then can you tell others how much tax they should pay
    Left is never right but I always am.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    ukcarper wrote: »
    I can see the economics of why bungalows aren't built but if you want to encourage older people to move and free up larger properties you have to give them what they want.

    I don't think the reason that bungalows aren't built is to do with the economics
    but rather with planning targets
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    CLAPTON wrote: »
    I don't think the reason that bungalows aren't built is to do with the economics
    but rather with planning targets
    Yea I expect planning density has a impact but left to their own devices builders will build the most profitable properties.
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