Where would you buy if you were a bit of a nomad?

mummytofour

Being a nomad and buying don't really go hand in hand..
But for me, I'm hoping to buy a small place in tenarife and a static in the uk, one day.
Or perhaps a motor home or tipi lol.
To be honest it sounds like you are probably looking for an investment, if that's the case, I don't think I would buy in London, there are other cities, towns and villages where you can buy, hopefully make money but not have so much of a financial noose around your neck :-)

padington

ancientofdays wrote: »

Narrowboat! No idea of the resale value if you decide to go home but it would be fun

They say a boat is a hole in the water you pour money into.

You need to pay water ways tax, fuel, mechanics bills on top of a depreciating asset and often a high rate of council tax with little services provided or proper address. You get robbed easily. Your 'house' boat can sink and you still have to pay for all other bills and get the boat lifted out of the water every four years and re-painted and other bits fixed.

Also if you want to moor somewhere properly you have to pay the price of renting a room on top of all those other costs.

It's a rich mans game, unless you roam with no mooring costs but the Tories have made this really hard and if you're caught not roaming far enough (with no explanation of how far that is from the officials) you get fined and eventually banned from the canal.

Not exactly the home of choice for a money saver.

remorseless

padington wrote: »

They say a boat is a hole in the water you pour money into.

huge money pit! I don't think I am at that level of mid-life crisis yet

My main reason to buy in the London area is because it is easy to find work and I am afraid rents will keep going up out of control.

I don't love London, I don't plan to live in London long term and would be gladly leave. Though I think, if I want to come back in 10/15 years, ta-da, I have my pad. It could be easier to just rent :rotfl:

padington

With the new advent of the Syrian crises I think it's fair to say we are entering an unprecedented period of global change which will result in the populations of North Europe increasing much faster than anyone predicted.

All expectations of future population demographics should be ripped up and along with it all future predictions of house prices ...

Don't leave it much later, I personally think the next five to ten year increases are going to be eye watering.

I learnt last night my uncle now houses a family in his basement in muswell hill. Expect this to become a norm.

remorseless

padington wrote: »

With the new advent of the Syrian crises I think it's fair to say we are entering an unprecedented period of global change which will result in the populations of North Europe increasing much faster than anyone predicted.

All expectations of future population demographics should be ripped up and along with it all future predictions of house prices ...

Don't leave it much later, the next five to ten year increases are going to be eye watering.

pure fear mongering... Syrians causing unprecedented changes that will increase North European faster than predicted.

I reckon there are more chances than the current inflated real estate market in London will collapse leaving many short changed!

There are 22 mil Syrian. At most it'd be 5% of Schengen, 4% of EU.
They're Syrians, they don't split, clone and multiply like the influenza virus!

Andy_L

padington wrote: »

They say a boat is a hole in the water you pour money into.

You need to pay water ways tax, fuel, mechanics bills on top of a depreciating asset and often a high rate of council tax with little services provided or proper address. You get robbed easily. Your 'house' boat can sink and you still have to pay for all other bills and get the boat lifted out of the water every four years and re-painted and other bits fixed.

Two happiest days of boat owning?

The day you buy it & the day you sell it

padington

remorseless wrote: »

pure fear mongering... Syrians causing unprecedented changes that will increase North European faster than predicted.

I reckon there are more chances than the current inflated real estate market in London will collapse leaving many short changed!

There are 22 mil Syrian. At most it'd be 5% of Schengen, 4% of EU.
They're Syrians, they don't split, clone and multiply like the influenza virus!

Talk is cheap. You only truly show your reckoning when you put money down on it. You appear to be choosing to do this. You obviously reckon otherwise ... or you're a financial masochist .

padington

remorseless wrote: »

pure fear mongering... Syrians causing unprecedented changes that will increase North European faster than predicted.

I reckon there are more chances than the current inflated real estate market in London will collapse leaving many short changed!

There are 22 mil Syrian. At most it'd be 5% of Schengen, 4% of EU.
They're Syrians, they don't split, clone and multiply like the influenza virus!

I'm not spreading fear. Migration to Northern Europe will surpass all expectations and this will effect things like house prices. Lots of people will benefit from this migration ( their houses will go up in price or work prospects will increase with possible promotions to manage to new workers ), be one of them.