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FTBs looking for balanced opinions on our options

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Comments

  • straws
    straws Posts: 133 Forumite
    I think the term is 'up and coming area'! It's not the greatest place at the moment but millions is being spent on regeneration and you can see improvements every day. This is the area we're bought in http://www.creativefoundation.org.uk/
    I think the OP might be buying in the West End, which is already a lovely part of the town, so prices might not rise as much there.
    Glad I made you laugh though!
  • straws
    straws Posts: 133 Forumite
    dolce_vita wrote: »
    :confused:



    And also straws, the tone of the post suggests that HPI is good but no HPI is bad.

    Is that what you think? :confused:

    Yes, I do think price increases in this part of town would be a good thing. We want to make the area desirable to different types of people. Note, that I am not talking about price increases in general.
  • dolce_vita
    dolce_vita Posts: 1,031 Forumite
    Yes. I agree.

    I would love the prices where I live to increase by 30% per year for the next

    ten years but everywhere else in the country (particularly in the Wye valley

    where I have my eye on a place) to stagnate or even fall.




    My retirement dream gets better and better.

    :rolleyes:
    dolce vita's stock reply templates

    #1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided

    #2. This time next year house prices in general will be lower than they are now

    #3. Cheap houses are a good thing not a bad thing
  • straws
    straws Posts: 133 Forumite
    'Sigh'
    If the area improves significantly, house prices will increase. I love the area, which is why we have bought here - not to try and make a vast profit.
    Good luck with the Wye Valley ;-)
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