Affordable homes in the Uk
#76
BE Forum Addict
Joined: Dec 2005
Location: Colorado Springs
Posts: 1,214
Re: Affordable homes in the Uk
Okay, but this shoebox does have a 120 foot south-facing garden...it is also inside the M25 ring-road...also within walking distance of the Underground. These are "London prices" folks.
Originally Posted by eurotramp
I fully agree on most of your stuff.......but housing wise ...wait until you here.
Its not what you think....its more complicated.
We live in a very expensive area and yes we can afford to buy a house for 350k...but....do I want to spend all this money on a shoebox?
For god sake....the garages in the US and Canada are bigger then the house for 350k.
Thats the reason we are not buying but renting..and saving every month £500 compare to buying the house we rent.
We just sit it out..our money makes more money in the bank and one day MY day will come.
Its a nightmare thought that I would have to stick with my very expensive shoebox for the rest of my life.......
Here a pic of on of the shoeboxes [URL=http://www.rightmove.co.uk/viewdetails-12332402.rsp?pa_n=1&tr_t=buy]shoe boxes/URL]...
Its not what you think....its more complicated.
We live in a very expensive area and yes we can afford to buy a house for 350k...but....do I want to spend all this money on a shoebox?
For god sake....the garages in the US and Canada are bigger then the house for 350k.
Thats the reason we are not buying but renting..and saving every month £500 compare to buying the house we rent.
We just sit it out..our money makes more money in the bank and one day MY day will come.
Its a nightmare thought that I would have to stick with my very expensive shoebox for the rest of my life.......
Here a pic of on of the shoeboxes [URL=http://www.rightmove.co.uk/viewdetails-12332402.rsp?pa_n=1&tr_t=buy]shoe boxes/URL]...
#77
Re: Affordable homes in the Uk
Originally Posted by neill
Okay, but this shoebox does have a 120 foot south-facing garden...it is also inside the M25 ring-road...also within walking distance of the Underground. These are "London prices" folks.
#78
Forum Regular
Joined: Jul 2006
Location: Atlanta
Posts: 40
Re: Affordable homes in the Uk
Originally Posted by neill
Okay, but this shoebox does have a 120 foot south-facing garden...it is also inside the M25 ring-road...also within walking distance of the Underground. These are "London prices" folks.
#79
Lost in BE Cyberspace
Joined: Jan 2006
Location: San Francisco
Posts: 12,865
Re: Affordable homes in the Uk
Originally Posted by Cape Blue
A lot of people have been saying house prices are going to crash - every year for the past 5 years!
The Economist print their doom predictions on housing markets around the world every three months or so and its been talking of a UK crash for donkeys.
The Economist print their doom predictions on housing markets around the world every three months or so and its been talking of a UK crash for donkeys.