House Price Crash forum: Calling All Hpc Armchair Psychoanalysts - House Price Crash forum

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Calling All Hpc Armchair Psychoanalysts picture Rate Topic: -----

#46 User is offline   tiremola 

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Posted 20 February 2012 - 12:47 AM

I will add that the conversion seems to have resulted in extra floors being inserted to double the number of units they could squeeze in. That's why the ceilings are so low, the windows are strange and half height, and all in all completely the wrong proportions for a Victorian building of the 1860s. It should have high ceilings. Another reason why it looks so wrong and weird. It’s been mezzanined.

#47 User is online   R K 

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Posted 20 February 2012 - 11:58 AM

:lol: Fabulous responses folks.

I'd like to award you all your HPC Junior Freud badge.

"The problem with capitalism is that eventually you end up with everyone else's money" - RK

"We have now entered The Great Rebalancing 2007-20xx" - RK

#48 User is offline   SeeYouNextTuesday 

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Posted 20 February 2012 - 12:16 PM

View PostRed Knight, on 20 February 2012 - 11:58 AM, said:

:lol: Fabulous responses folks.

I'd like to award you all your HPC Junior Freud badge.

I still think that if you lower the asking price below £250K you're more likely to get a sale.

 JustYield, on 30 September 2006 - 02:00 PM, said:



 Zanu Bob, on 21 September 2012 - 09:00 AM, said:

love is getting a cup of tea with yer morning hand job everything else is noise.

#49 User is offline   rantnrave 

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Posted 20 February 2012 - 12:17 PM

Layout doesn't work well for musical chairs...
2012 Predictions - made January 1st 2012
  • Inflation to drop sharply and to a level that makes pay rises and savings account rates seem half decent
  • BTL to be revealed as the next financial disaster in the making as potential tenants buy lower priced houses
  • Progress to be made toward the market bottoming out from 2015, so more falls but not as seen in 08-09

#50 User is offline   libspero 

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Posted 20 February 2012 - 12:21 PM

Bit late to the party, but I think the major psychological challenge here is to understand who the developer is aiming this at.

Starter home? £260k seems a bit steep for a pre-family young couple needing a two bedroom flat (even if it is in one of the nicer more expensive parts of Manchester.
Family home? Only two bedroom.. no use for anyone planning more than one child or having granny to stay.
Retirement Home? Perhaps the ground floor would make an ok retirement flat, but I didn't see any mobility assistance to help people get to the upper flats.
Holiday home? Not likely some how.

Looks like one of those places which looks nice but is completely impractical to 90% of home buyers. I guess I will be proved wrong when it sells for 10% over asking price courtesy of some canny investors..


Edit to add: I would have thought most buyers looking in the area would go for something more like this.. Linky. Not much bigger, but ticks the three bedrooms and a garden boxes plus the price looks negotiable.

This post has been edited by libspero: 20 February 2012 - 12:27 PM

And I tell you we have learned from past mistakes.
Just as you cannot spend your way out of recession, you cannot, in a global economy, simply spend your way through recovery either.

(Gordon Brown, Labour Party Annual Conference, 29 September 1997)

So, housing affordability is better than it has ever been, but no-one can take advantage of this because they can't afford the houses. I see.
cybernoid - 7th August 2010

Gambling promises the poor what property promises the rich - something for nothing
George Bernard Shaw

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