squeezed

As long as Chinese keep saving 40% of their income and investing saved money in property, in China and wolrdwide, there will be no end of HPI.

Twenty-eight-year-old Hayley Tillotson is the first person in the UK believed to have been made bankrupt because of the cladding crisis. She bought her first home in Leeds two years ago but learnt that it was clad with flammable material. Overwhelmed with the extra costs of dealing with the problems, she had to hand back her keys. https://www.bbc.co.uk/news/av/business-55847260

I see from your comments on this forum that you know the future. Can you tell me what should I do right now? What should I invest my money in?

They want to replace gas boilers with costly heat pumps nationwide but no one mentions millions of houses with old windows and no proper thermal insulation, obvious issues that need addressing urgently not to mention cost less money and time to resolve.

I didn't realize the proces of putting the property on the market is that fast in Hampshire. The house is listed before the deceased got cold. It doesn't look like that around my endZ. The most recently listed properties are from the end of last year.

Well if you know one Pole on good money that means that you have very limited network of personal contacts, nothing else. Anecdotal evidence means here the same as it does anywhere else that is f all. Maybe you could meet more rich Poles living in Britain if you moved out of your council bedsit in Burnley you are currently occupying?

EDMO has been around for a long time, it's just not being used. In my town there are houses that's been standing empty forever, on main roads, no one in the cuncil cares.

Free to those who can afford it, very expensive to those who can't.

Of course it hasn't affected anyone on this forum. Opinionated economical internet gurus from HPC forum; they know it all, share their priceless advice here daily but despite sounding solid it somehow is never right and IRL they live in squalor in council-paid homeshares in worst areas of Burnley and Blackpool, nourishing themselves with diet consisting of £1 frozen pizzas from Iceland and cheapest Lidl crisps, their marriages long ago broken and their kids no longer talking to them : )

What's the difference between "affordable" and the rest?

Sounds like a very good plan. I would take this money and go to Japan to study buddhism Zen for a couple of years if I were you.

Looking back I see that it turned out to be a very good advice, I wonder if she did as I told her.

In WM area the answer is very simple - old house is bought by Asians, next stage is: enter the Asian building company employing illegals. They seem to be working on every other project in Bham. No H&S, no PPE, no English spoken, no questions asked, just the job getting done quickly and cheaply. Last stage: freshly pimped-up 3bed house sold for 50k more than it was bought a month ago.

Also, the house might be standing on a formerly excavated site that has been afterwards backfiled with all sorts of rubbish and remains unstable. I have seen a house like that in Smethwick. One wall had cracks all over because that side of the building was slowly sinking into such a pit.

They are not NIMBY, they say that in 1:23 (lol)