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Bungalow not selling, what would you do?

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  • coachman12
    coachman12 Posts: 1,069 Forumite
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    Patience will be key IMO.
    Couldn't agree more, Crashy. Bungalows have a long history of selling far more easily than houses-----and the post-pandemic won't change that.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
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    edited 6 July 2020 at 2:17PM
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    Patience will be key IMO.
    Couldn't agree more, Crashy. Bungalows have a long history of selling far more easily than houses-----and the post-pandemic won't change that.
    Except we are hearing in this thread that bungalows are not selling? I wouldn`t bet just yet on what the post-pandemic will look like, there are serious shocks to the economy on the way IMO.
  • coachman12
    coachman12 Posts: 1,069 Forumite
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    Patience will be key IMO.
    Couldn't agree more, Crashy. Bungalows have a long history of selling far more easily than houses-----and the post-pandemic won't change that.
    Except we are hearing in this thread that bungalows are not selling? I wouldn`t bet just yet on what the post-pandemic will look like, there are serious shocks to the economy on the way IMO.
    You may be right when it comes to many aspects where we are going to see big changes, Crashy, but there has always been such a huge demand for bungalows , especially from the retired, and a real shortage of bungalows ( relatively) in the UK that I don't think the apocalypse will alter the bungalow market at all, even though their prices may be one of the areas where you envisage the likely changes you ( and me too to an extent ) can see coming.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
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    Patience will be key IMO.
    Couldn't agree more, Crashy. Bungalows have a long history of selling far more easily than houses-----and the post-pandemic won't change that.
    Except we are hearing in this thread that bungalows are not selling? I wouldn`t bet just yet on what the post-pandemic will look like, there are serious shocks to the economy on the way IMO.
    You may be right when it comes to many aspects where we are going to see big changes, Crashy, but there has always been such a huge demand for bungalows , especially from the retired, and a real shortage of bungalows ( relatively) in the UK that I don't think the apocalypse will alter the bungalow market at all, even though their prices may be one of the areas where you envisage the likely changes you ( and me too to an extent ) can see coming.
    A serious slowdown will alter the bungalow market in that many people won`t be able to sell up to buy a bungalow, and most won`t have the cash to do it without selling another property, and certainly most don`t want to be landlords/2nd property owners if they are older? Basically all sales get hit if things freeze up.
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