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Discussion Topic: Eyesore going, going, going, soon be gone.
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Jean&Brian |
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Bitterend.
Looking at Wroxham especially the riverside I think you will find your prognosis re holiday homes is already and has been for some time a fact and applies to a large part of Broadland and if you add us boat owners to the equasion we probably make up a rather large part of the local economy, living in London if circumstances permitted I would love to live in Norfolk but I can assure you we are no more immune here to second homes or property bought to let than Norfolk or any other part of the country, where ever you go money talks.
Brian
Member Victor Meldrew Appreciation Society
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Bitterend |
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There is a big difference between holiday home and a home that is
used for holiday let and your are quite right in this being a country
wide issue.
Captbryan, its not one size fits all and the situation you describe in
Sussex is probably fairly unique when comparing to what goes on in
a place like Southwold as JM mentioned. I once lived in Southwold
as a full time resident, i was an outsider but thats not really the issue.
Southwold residents are not at all keen on 2nd home owners and
there are a number of famous ones to note, basically it does little
good for people whom were born and bred, 2nd and 3rd generations
often cant afford to live and work where they were born. Not really
fair is it.
The Bitter End
This message was edited by Bitterend on Mar-20-14 @ 8:43 PM
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Strowager |
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quote:"2nd and 3rd generations often cant afford to live and work where they were born. Not really fair is it."
I was born in London, my parents lived in a council flat, and I was never able to buy any sort of property within 30 miles of where I was born, so my wife and I faced a 60 mile daily commute.
That's not fair either, is it ?
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cambridgecabby |
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Try living in Cambridge , where a large percentage of the homes are owned by buy to let investors who are not local , they rent to students so there is zero council tax which means the rest of us "locals" have to pick up the bill
no traffic, no fumes, no traffic wardens.......bliss!!
simon
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batrabill |
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A little decorum and perspective needed here.
Some parts of the country are more desirable than others. So prices will be higher than in other places. That isn't ever going to change.
London being the most extreme example.
We're moving to Norfolk not to get away from immigrants but because we're bored of living in a place where in one weekend our tyre was slashed, our catalytic converter stolen and next door broken into. And where our 3 children have been mugged 4 times in total.
And before you criticise others remember that if you have ever taken a holiday anywhere you were changing the place you went. Whether it's for the better or worse is only a matter of opinion. But as you sat on a beach you probably didn't hear the locals complaining that "our kids can't afford property since the tourists came."
Or out it another way, let he who is without sin....
Bill
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psychicsurveyor |
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Interesting bias against buy to let ,
I have a number of high standard buy to let properties that are let out to long term tenants ranging from 25 to 85. If I hadn't invested over the last 12 years ten families would not have the choice to live in a nice area to retire, or rent while they save a deposit or In one case be flexible to move easily with work. It is a new world now, people don't want to stay in the same area they grew up in, they want to move around more. If they want to stay local they have the option of renting privately. Buy to let provides what local authorities don't. Not all landlords are money grabbing gits.
Mark
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Some days all I need is to have a
beer and be afloat.
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Exile |
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Bitterend wrote;
" basically it does little good for people whom were born and bred, 2nd and 3rd generations often cant afford to live and work where they were born. Not really fair is it. "
Nothing has changed on that front. That has always been the case. In the past local authorities may have provided some cheaper housing but that is a different subject altogether.
As I have already pointed out in this day and age most youngsters move on regardless of local house prices.
I own a second home in North Norfolk. Am I an "outsider"? I am Norfolk (Broadland) born and bred and my mothers family are from North Norfolk.
We spend a good deal of time in our second home (sometimes weeks at a time) and certainly contribute to the local economy. It gets plenty of other use from family and friends too who also support local business.
What may be of interest are the circumstances of first buying the house. It had been on the market for months due to the awful condition that it was in. Too expensive for potential buyers to pay contractors to renovate and also too pricey repairs wise for a realistic return for a developer.
I paid the upper end of it's real value as I loved the house and could see it's potential. It is now restored and is in pristine condition.
Even though I did a huge amount of the work myself I do not kid myself that I would recover all the money spent were I to sell it now. That does not bother me as this was done for the family rather than as a money making project.
So as nobody else was prepared to take the risk, pay the money required and put in masses of personal effort I do not feel any guilt whatsoever about owning it. Not that I would anyway as the money to buy it was hard earned and I can see no reason that I should not spend it as I choose.
The outcome is better local housing stock (whoever owns it), money flowing into the community that was not there before and a formally run down eyesore now helping the general appearance of the area.
Who lost out in that case?
This message was edited by Exile on Mar-21-14 @ 12:09 AM
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Exile |
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JM. Sad that it happens at all but I think that it is perhaps encouraging that your daughter only hears casual racism in an elderly care home. Hopefully that is a sign that it is a thing of the past.
I like London a lot. I go there often for business reasons. It is a vibrant, always changing and always interesting place. The beer is cheaper than locally to me too.....
Not sure that I would like to live there though. Being a true country bumpkin after about a week the noise and pace start to get to me. Not enough boating space either.
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Bitterend |
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Correct me if I am wrong here, the massive increase in house prices over the last 20 years was directly affected by the buy to let mortgage?
local people can private rent.....im not saying anymore as my bloods starting to bubble, the only person talking any sense here is JM.
The Bitter End
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psychicsurveyor |
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The buy to let " boom " has happened over the last 12 years and is made up lately of reluctant landlords. Professional landlords never pay inflated prices, accidental landlords couldn't sell, the recent landlords are the ones pushing prices up combined with those eager to get on the housing ladder.
When people talk about 3 generations of families living in the area, how many generations were owners. Property ownership is a relatively recent concept promoted by the baby boomers who love to see the value of their bricks and mortar rise but want everyone else to keep property prices low so their own children can afford to buy a
house.
Funny old world.
Mark
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Some days all I need is to have a
beer and be afloat.
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Reply to Discussion
Mar-20-2014 @ 9:15 PM
