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EvilEdna

New Planning Laws Could Knock A Third Of House Values

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http://blogs.telegraph.co.uk/finance/ianmcowie/100012144/government-plans-could-cut-a-third-or-more-off-thousands-of-house-prices/

“If a substantial country house were to lose its picturesque country views, it could be decreased in value by at least 30pc, depending on the desirability of its location."

Words fail me and there is no smiley angry enough...

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“If a substantial country house were to lose its picturesque country views, it could be decreased in value by at least 30pc, depending on the desirability of its location."

Sadly, a lot of NIMBY folks seem to think that they have purchased an entire panorama. It must give them a feeling like the old aristocrats ...

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Sadly, a lot of NIMBY folks seem to think that they have purchased an entire panorama.

To be fair they did buy a panorama, in that it was priced in to the purchase price of their property. Where they're wrong is that they no more control the view than they control the weather...or than most people control their job security.

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"But I don’t think England is going to disappear under a sea of concrete. It will not be like Ireland, where there is a little bungalow every half a mile along the road."

Ireland population density - 60.3 /km²

England population density - 395 /km²

Thank God the green belt won't be like Ireland.

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Sadly, a lot of NIMBY folks seem to think that they have purchased an entire panorama. It must give them a feeling like the old aristocrats ...

That's a very salient point that hasn't been made before. I agree. What you say is demonstrated in not just Estate Agents blurb, but also UK holiday hotels and businesses in agreeable landscapes where the agent or business owner couches their advertising to imply that the attractive panorama is something they actually created. I think you've brought home an important truth about NIMBYs: They establish themselves in a landscape with uninterrupted views and then want to shut out anyone else from "owning" the same view.

That is why the Telegraph/National Trust campaign is utterly hypocritical.

This extends of course to all sorts of objections, typically to airports or runway extensions, invariably coming from those who do not stop to think how they managed to get to their exotic holiday locations - by flying from an airport that is in SOMEONE ELSE'S back yard!

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  • 335 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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