Talking of mental house prices...

dont find any of those places appealing or locations ,i spend a lot of time down the gannel newquay and have talked to people who bought for peanuts and are sitting now in million quid properties ,most are dated and end up with a replacement dwelling (very easy to get planning)
really hope my pension pot and shares (yeh riight) allow me to eventually get here (my location is stunning but always wantrd a front line beach place) ,(riverside crescent) example of location https://www.onthemarket.com/details/3830503/ i know this was an airbnb ,shame the old communitys are ripped apart by the influx of money
 
moon man said:
dont find any of those places appealing or locations ,i spend a lot of time down the gannel newquay and have talked to people who bought for peanuts and are sitting now in million quid properties ,most are dated and end up with a replacement dwelling (very easy to get planning)
really hope my pension pot and shares (yeh riight) allow me to eventually get here (my location is stunning but always wantrd a front line beach place) ,(riverside crescent) example of location https://www.onthemarket.com/details/3830503/ i know this was an airbnb ,shame the old communitys are ripped apart by the influx of money
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LOL you are paying about £400K on that just for the view.
 
the land .pretty much ,most gardens extend to the water so you can launch your sup ,fistral is a stroll away, ticks my boxes but we all have differant lifestyles ,
 
Nasher said:
There is going to be an epic crash in London soon, the bankers know it's coming and are doing nothing to avoid it.
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Well, they like the government won't really care about others on low incomes will they because they will have there financial comfort zones all sorted, that's what greed and selfishness accomplishes, that's what they call success (for themselves) self-importance, ego trippers. Others might have other choice monikers for them.
 
I love that whole idea but if theres a recession then all the luxury influenced properties are going down in price first. Not least because interest rates are likely to be rising long term
ideally we should know what percentage of property in an area is self owned by long term residents as that could be the more stable prices. Places with prices forced up by loose money policy globally will reverse back down like a tide going out
moon man said:
the land .pretty much ,most gardens extend to the water so you can launch your sup ,fistral is a stroll away, ticks my boxes but we all have differant lifestyles ,
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quite simply one of the most consistent and best surfing beaches in the UK and Europe
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Ok you've won me over :D


You can have an actual castle and acres of land, dating back to the Normans and I guess keep half your money as its not liveable :p

795k is about the price of a 3 bed new build near us, it does have a nice view though not perfect as a refinery is opposite side of the valley. They havent yet sold it for that, wouldnt be surprised though, the house was built after knocking down a hundred year old shack worth 20k maybe
 
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Buy a mansion for a million somewhere nice. Learn to fly and chopper yourself to work every day. I am sure it would still be cheaper and you will come to work like a boss!

Get yourself a UH1 and you can start a taxi service!
 
Em3bbs said:
That's Scotland, with sealed bids OVER £795k, so it's not going to be sold for that price, it could get a bid for 2 million or something.
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It will also require approval from the council for anything and everything and cost 10x a normal house. Buying that house is buying an obligation to keep it as is for the benefit of everyone else.
 
Em3bbs said:
That's Scotland, with sealed bids OVER £795k, so it's not going to be sold for that price, it could get a bid for 2 million or something.
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I think the point he was making was compared to a 15 million mid terrace house. Even if it was a 5 million castle it is still a bargain compared to that.
 
If I was a high ranking banker working in London, why would I want to live in a house in Kent that requires a one hour commute? Secondly, if all of my colleagues live in £10m properties why would I want to live anywhere but in a £10m+ property? I wouldn't want people to think I'm earning a small bonus, would I? Imagine the look on their faces when I host my next soirée and they see the postcode is non-central - how embarrassing! Thirdly, with the presumption that house prices in London will on average only ever increase, what a great investment to bolster my wealth?

It's not sickening, there is nothing wrong with it, it is just supply and demand.
 
Tingle said:
If I was a high ranking banker working in London, why would I want to live in a house in Kent that requires a one hour commute? Secondly, if all of my colleagues live in £10m properties why would I want to live anywhere but in a £10m+ property? I wouldn't want people to think I'm earning a small bonus, would I? Imagine the look on their faces when I host my next soirée and they see the postcode is non-central - how embarrassing! Thirdly, with the presumption that house prices in London will on average only ever increase, what a great investment to bolster my wealth?

It's not sickening, there is nothing wrong with it, it is just supply and demand.
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I think there's a *little* something wrong with buying a £10m house out of peer pressure.
 
One of the houses on Eaton Square is owned by the owner of one of the biggest companies my company does IT and telecoms support for. He included the house in the maintenance and it is very snazzy, but very thin and tall (6 floors including basement).
 
Nasher said:
There is going to be an epic crash in London soon, the bankers know it's coming.
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Cool bring it on.
Tingle said:
If I was a high ranking banker working in London, why would I want to live in a house in Kent that requires a one hour commute? Secondly, if all of my colleagues live in £10m properties why would I want to live anywhere but in a £10m+ property? I wouldn't want people to think I'm earning a small bonus, would I? Imagine the look on their faces when I host my next soirée and they see the postcode is non-central - how embarrassing! Thirdly, with the presumption that house prices in London will on average only ever increase, what a great investment to bolster my wealth?

It's not sickening, there is nothing wrong with it, it is just supply and demand.
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Looooooool

Why would you be bothered about what work colleagues think.
 
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