Jump to content
House Price Crash Forum
Sign in to follow this  

Empty Homes In Yorkshire

Recommended Posts

Not seen this mentioned already.

There was a piece on Look North last night on the empty homes situation in Yorkshire - quite revealing.


Starts at about 15:40

Key statement was that one empty house had been bought by an "investor" for I recall £170k and was now worth £35k.


Share this post

Link to post
Share on other sites

Banks love ghost estates as their paper capital is safe and it keeps stock from the market.

In any case there are bound to be a few empties in any market, but the facts remain the the UK is about a million houses short of comfort and will need to build somewhere near 200,000 each year for the next decade.

Share this post

Link to post
Share on other sites

Many years ago I did a thread on this new development. The details are dated 2006 (''amended 27th June 2006''). I see all 8 units remain unsold.

In Yorkshire they do ghost developments properly.


Looks like an old school. One of the moral hazards of low interest rates I guess. Things can just sit around a long time waiting to haul in a punter. Don't know who could afford such prices in that area apart from equity rich boomers.

Edited by aSecureTenant

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 239 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%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.