How to get the equity back on an house lost

grumiofoundation

Rocksolid said:

JGB1955 said:

Who the hell has all these money plus 40k for the rest of the fees and initial costs of ownership of an house?

I should work other 3 years to get all these money probably, if I'm lucky to keep the job, and I won't...

Well, I'm not sure where you're looking if fees/costs are £40K....obviously above your budget.  You're right, it takes years to get a deposit together...and you probably need a 'significant other' to afford to do it....but that's always been the case for Jo Public.

40k is just to have them, but for sure 20k will go away with furnitures etc...

Maybe if you didn't spend 20k on furniture you would be able to buy a bigger house.

ratechaser

Well, this is more entertaining than the film I'm currently watching.

Slithery

ratechaser said:

Well, this is more entertaining than the film I'm currently watching.

You should go back and read their previous threads on this board as well if you fancy a laugh.

Rocksolid

Thrugelmir said:

Rocksolid said:

I ask because I considered my house purchase as an investment,

Better to treat it as a home. Avoids potential disappointment. 

In 10 years it will need extra maintenance and it will start to degrade too much.

I also won't stay here for longer I hope, so I saw it as an investment, among all the others I do with stocks etc, but in general, such bad built houses should be seen as investment, I couldn't make my mind in other way, obviously I'll make it home in the meantime if that's what you mean.

grumiofoundation said:

Rocksolid said:

JGB1955 said:

Who the hell has all these money plus 40k for the rest of the fees and initial costs of ownership of an house?

I should work other 3 years to get all these money probably, if I'm lucky to keep the job, and I won't...

Well, I'm not sure where you're looking if fees/costs are £40K....obviously above your budget.  You're right, it takes years to get a deposit together...and you probably need a 'significant other' to afford to do it....but that's always been the case for Jo Public.

40k is just to have them, but for sure 20k will go away with furnitures etc...

Maybe if you didn't spend 20k on furniture you would be able to buy a bigger house.

You need to count them for such expensive house, obviously I don't plan to spend 20k initially, but in 10 years yes, and most luckily I will upgrade these pathetic carpets they use, I will put something right for an house, like laminate, I'm planing to do it alone, otherwise the price of labour will make it expensive, at least this makes sense.

ratechaser said:

Well, this is more entertaining than the film I'm currently watching.

for me too ahahah

[Deleted User]

I think you'd be better off buying one of the much better constructed homes in your native Italy to let out whilst you continue renting near (and yes 50 miles outside is still near) London. 

Rocksolid

Lover_of_Lycra said:

I think you'd be better off buying one of the much better constructed homes in your native Italy to let out whilst you continue renting near (and yes 50 miles outside is still near) London. 

These were built with sand from the sea and plain iron, not sure if you get the magnitude, that was due to deep illegal activities behind, we don't build like that... The other buildings and house didn't get any damage.

My house from 1956 had no impact from it, neither the print had cracks, like new... And it's built just with good foundations and real bricks, not the new cheap ones. (to be honest we made also reinforcement later to feel safe re-doing the main wall)

Anyway, that earthquake was 6.5 under only 19km, it was hell...

Same in 2016, just lighter, the houses that fell down were just the new ones rebuilt from cool companies, again, not respecting any regulation, I hope you get the difference.

Do you recall something like this in UK?

But for how much the houses are light here, (from another point of view cheap quality), I have the sensation that they may survive to such earthquake, not sure if they will be livable inside later...

hazyjo

Rocksolid said:

Lover_of_Lycra said:

I think you'd be better off buying one of the much better constructed homes in your native Italy to let out whilst you continue renting near (and yes 50 miles outside is still near) London. 

Do you recall something like this in UK?  

But for how much the houses are light here, (from another point of view cheap quality), I have the sensation that they may survive to such earthquake, not sure if they will be livable inside later...

I think you're forgetting the thousands that are still standing after bomb damage in the war 🤣 

Emmia

Rocksolid said:

Emmia said:

I used to commute from close to Reading on the Waterloo line, but moved up to London to live with the guy I'm now married to.  It's completely do able, and you get used to the commute - I used to read the paper from cover to cover in the morning, and kindle books on the way home. 

Not a nice place to be honest, and prices are crazy

That's my home town you're dissing...

Seriously though, if living in the UK and the South East is so horrible/distressing for you, why are you here, why don't you go back to the country you are from?

Unless of course, you won't earn the cash for the skills you have, the housing is even worse, or there is another factor which means living there is unattractive?

Angela_D_3

Housing isn’t what it was all over the world.  I rented in an old suburb in Australia and then had to buy a new build.  It was awful.  Worlds apart 

grumiofoundation

Rocksolid said:

Thrugelmir said:

Rocksolid said:

I ask because I considered my house purchase as an investment,

Better to treat it as a home. Avoids potential disappointment. 

In 10 years it will need extra maintenance and it will start to degrade too much.

I also won't stay here for longer I hope, so I saw it as an investment, among all the others I do with stocks etc, but in general, such bad built houses should be seen as investment, I couldn't make my mind in other way, obviously I'll make it home in the meantime if that's what you mean.

grumiofoundation said:

Rocksolid said:

JGB1955 said:

Who the hell has all these money plus 40k for the rest of the fees and initial costs of ownership of an house?

I should work other 3 years to get all these money probably, if I'm lucky to keep the job, and I won't...

Well, I'm not sure where you're looking if fees/costs are £40K....obviously above your budget.  You're right, it takes years to get a deposit together...and you probably need a 'significant other' to afford to do it....but that's always been the case for Jo Public.

40k is just to have them, but for sure 20k will go away with furnitures etc...

Maybe if you didn't spend 20k on furniture you would be able to buy a bigger house.

You need to count them for such expensive house, obviously I don't plan to spend 20k initially, but in 10 years yes, and most luckily I will upgrade these pathetic carpets they use, I will put something right for an house, like laminate, I'm planing to do it alone, otherwise the price of labour will make it expensive, at least this makes sense.

But  as you keep saying  aren't buying a 'nice' house so why buy expensive furniture?

Out of interest why are you investing in a house that you feel is low quality, small and overpriced?

P. S. Nothing you post really makes sense.