Soldato
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House prices rose 7.3% this year, average now almost £250k
- Thread starter HACO
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Just been looking at that, my many holidays in aggie (seasonal pitch) is the reason I moved to Cornwall
Ooohh that's a nuclear fallout cloud monitoring station from WW2. We use them for enclosed vertical descent training.
Back to arguing about housing costs, FWIW I had to save up for years to afford a deposit for my house in cornwall (55k in the end), spent an easy £million+ on rent over the years, but like the murphy's I wasn't bitter.
how old are you??? £2k a month rent is £960k for 40 years, plus i'm not sure you'd have been paying that 40 years ago... (of course, you could have lived in some very high spec places)
LOL that is pretty cool tbh... on a larger plot or with a bigger bunker than just a 3 man ROC monitoring post it could make for a very cool home/conversion. In the US people have converted former cold war missile silos etc...
They literally are though. The Crown has a bunch of residential property as does the MOD and land that could be used for the development of more.
Those 2500 "people" include corporations, trusts and the large landowners mentioned like the MOD etc.. it's about 30% of the 2500 according to your link that are apparently aristocracy and gentry i.e. dynastic wealth.
He dammmmmmm old. legend has it he still owes Jesus a fiver.
44, and yeah I lived in some very fancy places, all of which were a complete waste of money but I thought I had money to burn at the time (trump world tower and berkeley square in mayfair to name a couple)
Somehow I feel this affects your sentiment that others shouldn’t complain about saving.
The saving came long after my years of plenty had past, took me over 8 years to save the 50k i needed. Hindsight is a cruel mistress
Ooohh that's a nuclear fallout cloud monitoring station from WW2. We use them for enclosed vertical descent training.
Back to arguing about housing costs, FWIW I had to save up for years to afford a deposit for my house in cornwall (55k in the end), spent an easy £million+ on rent over the years, but like the murphy's I wasn't bitter.
Awesome, I love clambering on the ww2 relics, the ones just south of Perranporth (bellow) and walking past the old army base in Holywell, that's supposed to be sold for housing but nothing happening for a long time now, film crew there occasionally,
The thing is, that rate of saving doesn’t necessarily cut it. As I mentioned earlier in the thread, my current property went up £100k in 5 years (now sold so yes that’s a verified increase). That has basically made it impossible for a single person to buy it (as I did) unless they are on a mammoth salary. In fact, I understand the person who bought it had a deposit of £80k!
So yeah, good luck to the mortals with a mere reasonable / well paying job.
Now granted, this is in a trendy part of town and there are cheaper homes elsewhere but if it’s buying in the arse end of nowhere with commuting or renting somewhere convenient, it’s not surprising that so many people opt to perpetually rent. Why scrimp to put yourself up in somewhere miserable?
I quite agree, property is out of reach for most, gone are the first time buyers fresh out of uni, I didn't get my first house till I was in my thirties. That's not to say there aren't plenty of opportunities to build equity in shared ownership schemes and then turn that into a deposit.
I think first time buyers have to be realistic, they are going to have to relocate and not assume they can have a house down the road. There are plenty of houses available if you just swallow some pride & dignity for a few years.
Caporegime
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You clearly have no clue about what type of land they own then bar the forestry commission.
The crown holds vast swathes of land rented out for residential and commercial purposes.
You could also argue that they have multiple homes so should be taxed to oblivion. Not only that but their homes could literally house 100 different families if not more on their vast estates.
You do understand that the crown estate pays zero tax right?
So not only do they get to keep that land forever and reap a percentage of the profits every year. It's completely tax free die to the arrangement in place.
The MOD for example have many offices in places where arguably they don't need them and they could move to cheaper locations and sell the current building for it to be knocked down and turned into accommodation complexes.
In fact that is what has happened in the past for buildings that were leased by the public sector. As soon as they terminated the lease and left nobody else wanted the building so it was bought over by someone who then knocked it down and built apartments there instead.
Private individuals don't tend to own vast swathes of land because it's not efficient to do so. The idea that 50% of the land is owned by billionaires is completely out of touch with reality.
Caporegime
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That's not good enough for haco or foxeye. The home must be in a specific area that they want and it must be given to them for free.
Haco has admitted the house he wants as a first time buyer is £600k.
He doesn't deem the other homes which are cheaper to be worthy of buying for him.
Well that's rather short sighted or borderline, ignorant.
Take where I live (18 miles from foxeye btw), tiny fishing village, made stupidly popular by second home owners, which means meager houses go for millions, in fact the cheapest I can find is £350k, expand your viable catchment area by just 15 miles and there are plenty of options for under well under £100k.
Caporegime
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Yeah and I said that to him that there's flats available over 400 of them for between £50k to £130k in Cornwall all easily affordable for a single person earning even minimum wage who has been living at home for 10+ years that should have a sizeable deposit.
He doesn't even pay rent to a landlord yet still holds them responsible for his situation. Literally baffling. How can someone who's been living at home earning money not have a deposit?
Dynastic property wealth is precisely what we need to go after with taxation and nationalisation. You seem to want to protect it, lol.
Caporegime
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Sure, if somebody is local to that area and that property meets their needs for space and location, then it's great.
Not sure if you're talking about me or not, I haven't lived at home since I was 16 and I've paid rent every single month since that age.
I haven't been given anything for free in my life and don't expect to either. I however find it unreasonable that young people have to pay £600k for a house that was £350k just 5 years ago and is now in even a worse condition than 5 years ago (no renovations, etc). Maybe you feel it's reasonable that those people deserved to profit £50k per year, tax-free, for just living there, lol.
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