OMG Florida house prices!!

Stewy · 29 Jul 2009 at 12:29

The accent would drive me insane though

MossyUK · 29 Jul 2009 at 12:38

Is there any truth in the rumours that if you buy a house on one of the designated holiday home builds that your not allowed to actually live in it all year round - it has to be let out? Or is that wild pub talk nonsense?

me227 · 29 Jul 2009 at 12:43

I read in the metro the other day that there are 18.9 million empty homes in America and if 4 people lived in each one they could house the entire population of Ireland, UK, Norway and Sweden I think it was!

Crazy stuff.

Sankari · 29 Jul 2009 at 12:59

Mr_T said:
*sigh* Sadly Australia suffers from extremely high house prices too... and what's worse there hasn't been a correction on prices yet either.

Compare those houses in the states for ~£70k

to this one in Perth for close to £2,000,000!!!!

http://www.acton.com.au/property.aspx?pid=184106

Sucks!

Prices in Perth are stupidly inflated, but your example is hardly representative of the norm! Cottesloe has always been one of Perth's most expensive suburbs, and Acton (the real estate agent) is known for dealing only in premier properties.

That's a damn nice house, but I wouldn't be paying £1.9m for it! :eek:

Skidder · 29 Jul 2009 at 13:04

MossyUK said:
Is there any truth in the rumours that if you buy a house on one of the designated holiday home builds that your not allowed to actually live in it all year round - it has to be let out? Or is that wild pub talk nonsense?

If as a British citizen you bought a house there you couldn't live in it all year anyway unless you had residency.

I have heard about second home schemes which can not be permanent residences as well - linked with their planning.

danza · 29 Jul 2009 at 13:12

Sooooo, emigration to the US - is it an onerous process? If not, I'm going tomorrow!

deuse · 29 Jul 2009 at 13:17

There is hell of a lot of foreclosureing over in the USA at the mow
If you got the cash buy a house on a golf course in FL and your onto a winner
or buy land ON the Water and sit on it for about 3 years then sell

http://www.rightmove.co.uk/overseas...D_REGION%5E221285&sortByPriceDescending=false

Skidder · 29 Jul 2009 at 13:17

danza said:
Sooooo, emigration to the US - is it an onerous process? If not, I'm going tomorrow!

there is some jumping through hoops - as with most places unique or in demand skills make it easier.
I imagine with unemployment on the up, more so now than ever.

Bit different, but when I lived there I had a 5 year student visa and getting that wasn't too much hassle.

deuse · 29 Jul 2009 at 13:22

Marry a yank and stay with her for 2 1/2 years and your in..sorted.

Jeff Lynne · 29 Jul 2009 at 13:28

Would anyone seriously consider buying a house like these as an alternative to investing it in shares / bonds / peps / isa's / savings etc etc?

I could afford to buy one of those shown outright. Surely the prices can't drop any lower? And even if I didn't buy it to sell on it would be a decent holiday let opportunity.

Any idea what a 4 bed central Florida house goes for per week these days?

Firestar_3x · 29 Jul 2009 at 13:30

Depends on how good the place is, we paid about £800 per week in high season, don't forget this isn't all profit since you need to pay for cleaning etc.

Spit · 29 Jul 2009 at 13:35

I have used these many times, should give you a good idea of prices etc.

http://www.floridasunshine.com/

digipeep · 29 Jul 2009 at 13:37

Spit said:
Another nice one:

http://www.rightmove.co.uk/overseas...5E221294&sortByPriceDescending=true&index=840

That place works out to be about £85,000 which is half the cost of my 3 bed house and about five times bigger :eek:

Now where's my passport?

[ASSE]Hinchy · 29 Jul 2009 at 13:42

Very unprofessional property descriptions I have to say

"andy" · 29 Jul 2009 at 13:45

Jeff Lynne said:
Would anyone seriously consider buying a house like these as an alternative to investing it in shares / bonds / peps / isa's / savings etc etc?

I could afford to buy one of those shown outright. Surely the prices can't drop any lower? And even if I didn't buy it to sell on it would be a decent holiday let opportunity.

Any idea what a 4 bed central Florida house goes for per week these days?

it would be risky

what if a hurricane hit and blew all your savings away ?

agnes · 29 Jul 2009 at 13:46

[ASSE]Hinchy;14572203 said:
Very unprofessional property descriptions I have to say

I thought the exact same thing, barely any info!

ags

antran · 29 Jul 2009 at 13:50

6thElement said:
Rare for American houses to be brick built, normally a lot of wood and then siding to protect the outside walls.

Those houses are in the middle of Florida, not on the coast. So you get all the disadvantages of Florida without the "advantage".

Not really, I grew up in Arizona and all the houses are built from brick. I'm not sure about now.

The Mad Rapper · 29 Jul 2009 at 13:53

[ASSE]Hinchy;14572203 said:
Very unprofessional property descriptions I have to say

I don't think UK based EAs do any better, do you?

[ASSE]Hinchy · 29 Jul 2009 at 13:56

The Mad Rapper said:
I don't think UK based EAs do any better, do you?

most properties are in very good shape some only need cosmetic work we do not market the smashed up ones !!!
12 % ANNUAL RETURN!! FANTASTIC!!!! THIS HOUSE FOR SALE!!! new decoration with all appliances ready to go even can include tenant at 899 per month!!!giving 12% return IF REQUIRED dont hesitate buy now!!! it wont last long!!

Yes, I happen to think they do

Walkerie · 29 Jul 2009 at 14:04

Slightly offtopic but, using degrees abroad do they work in the same way? are american degrees harder/worth more? im doing Business Marketing and have been considering moving for a while now, Would it be hard to find jobs with UK degrees, as i understand most of our universitys are worse than there colleges, and they study maths/english etc in minors and major in something else, I realise i may sound silly but just need to clear it up.