Is It Time To Buy ?

[TheCountOfNowhere]

In The UK:

3 bedroom semi-detached house for sale East Rising, East Hunsbury, Northampton, NN4

£189,950

http://www.rightmove.co.uk/property-for-sale/property-49184990.html

In France:

5 bedroom house for sale

£201,765*
(€251,450)

France - JUVIGNY SOUS ANDAINE

http://www.rightmove.co.uk/overseas-property/property-47408072.html

Spain:

4 bedroom villa for sale

£199,799*
(€249,000)

Spain - Andalusia, Almería, Villaricos

http://www.rightmove.co.uk/overseas-property/property-37271987.html

Bulgaria:

4 bedroom house for sale

Guide Price £49,200 ( NOT A MIS-PRINT )

Bulgaria - Veliko Tarnovo, Veliko Turnovo

http://www.rightmove.co.uk/overseas-property/property-44539129.html

So, to answer my own question.

is it ****.

It's time to leave the UK and the con-men running/ruining the country,

Edited November 19, 2014 by TheCountOfNowhere

[Bruce Banner]

That's quite expensive for France. Old houses in small villages go for a lot less than that.

[TheCountOfNowhere]

That's quite expensive for France. Old houses in small villages go for a lot less than that.

Maybe it's some british person not want to give it away.

Still relative to the 3 bed house in s**ty east hunsbury, it's a bargain.

[Wurzel Of Highbridge]

By the time they have finished devaluing the pound, those properties will look expensive.

[TheCountOfNowhere]

By the time they have finished devaluing the pound, those properties will look expensive.

BY the time they have finished devaluing the Euro i'll be living in one of them

[Bubble & Squeak]

if (as i fully expect) ozzy comes up with a new scheme to keep it going in the autumn statement what should the plan of action be?

sit is out for another few years or dive in?

[Wurzel Of Highbridge]

What would the rental yield on those cheap European houses be? I recall that in parts of Ireland you could easily get 5% gross, however there would be higher rental taxes there than the UK.

[TheCountOfNowhere]

if (as i fully expect) ozzy comes up with a new scheme to keep it going in the autumn statement what should the plan of action be?

sit is out for another few years or dive in?

Get the F*** out.

Any new scheme he can come up with is only going to keep prices up for a few months ago before crashing even more spectacularly.

They simple can't afford to prop up what now seems to be a pyramid scheme.

They can tinker with stamp duty so you save 2K, 5K, 10K, but on what, a £500K house that's really worth, relative to wages, £200K, some saving.

Sometime's it's best not to participate in madness ( see my thread on, is it time to buy now ).

[wherebee]

But is there employment near those euro houses? Even if you can buy it outright, if you have kids you want them to be able to work when young perhaps?

Not saying the UK is not massively overpriced for shiteholes, but it's not just a question of headline cost. If it was, I would be living here:

http://www.realestate.co.nz/2398960

[TheCountOfNowhere]

But is there employment near those euro houses? Even if you can buy it outright, if you have kids you want them to be able to work when young perhaps?

Not saying the UK is not massively overpriced for shiteholes, but it's not just a question of headline cost. If it was, I would be living here:

http://www.realestate.co.nz/2398960

Pick a rural area in the UK miles form work and facilities and post a £200K house.

[Corruption]

In 2008 that one sold for 115K.

http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=49184990&sale=24374687&country=england

Another 20% off that and we wouldnt be too far off market value, but then they had to come up with Qe and 0.5 and whatever else to reinflate the bubble so that its now 50% overpriced.

Id sooner live in prison then Veliko Tarnovo, a bad comparison.

[SlimJ]

3 bedroom semi-detached house for sale East Rising, East Hunsbury, Northampton, NN4

£189,950

http://www.rightmove.co.uk/property-for-sale/property-49184990.html

This looks cheap to us southern softies!! Locally that would be in excess of £300k...

[simonsaid]

This looks cheap to us southern softies!! Locally that would be in excess of £300k...

That's becuase there are jobs down south.

[TheCountOfNowhere]

That's becuase there are overpaid and banker jobs down south.

[dances with sheeple]

Get the F*** out.

Any new scheme he can come up with is only going to keep prices up for a few months ago before crashing even more spectacularly.

They simple can't afford to prop up what now seems to be a pyramid scheme.

They can tinker with stamp duty so you save 2K, 5K, 10K, but on what, a £500K house that's really worth, relative to wages, £200K, some saving.

Sometime's it's best not to participate in madness ( see my thread on, is it time to buy now ).

It is a pyramid scheme, many are going to have more debt than the house can sell for. Just keep watching it unravel is my advice.

[bankstersparadise]

That's becuase there are jobs down south.

Which is one of the few regions in the whole of Europe currently with employment opportunities.

Edited November 19, 2014 by bankstersparadise

[TheCountOfNowhere]

Which is one of the few regions in the whole of Europe with employment opportunities.

Dont make me laugh...the london/SE job market has been supported by Q.E. and massive government support. All things being equal London and the S.E. should be devoid of most of those parasitic jobs by now.

When reality is forced on the government/bankers London will not be the place to be.

Edited November 19, 2014 by TheCountOfNowhere

[bankstersparadise]

Dont make me laugh...the london/SE job market has been supported by Q.E. and massive government support. All things being equal London and the S.E. should be devoid of most of those parasitic jobs by now.

When reality is forced on the government/bankers London will not be the place to be.

I've added "currently" for your satisfaction.

[TheCountOfNowhere]

I've added "currently" for your satisfaction.

Thanks. That I can't argue with.

The S.E. has no god given right to be supported by the other 50 million people in the country. The bankers have no god given right to massive incomes. The solicitors have no god given right to be state funded and reward themselves massively fir making life for the rest of us s**t. The only reason for this that I can see is government corruption or stupidity. Out of touch middle class MPs who support their solicitor/banker/public sector friends but can't see the fact that these industries must be a by-product of a fully functioning successful economy.

Edited November 19, 2014 by TheCountOfNowhere

[Austin Allegro]

I agree the contrast between the UK and France is shocking but there are a number of things to consider.

A lot of the French properties appear to be high maintenance/money pits; they are often a long way from anywhere (I stayed in a small village in France that was 70 miles from the nearest railway station), the local communities and jobs are often non-existent; it's also quite hard to set up in business in France. Although the weather will be better once you're south of say, Lyons, most of the year it will be much the same as England.

[TheCountOfNowhere]

I agree the contrast between the UK and France is shocking but there are a number of things to consider.

A lot of the French properties appear to be high maintenance/money pits; they are often a long way from anywhere (I stayed in a small village in France that was 70 miles from the nearest railway station),

Okay, consider this.....200K house in the middle of a quiet village in France +

http://www.avbuyer.com/aircraft-for-sale/piston/twin-engine/Cessna/310-R-17098/

Cessna 310R

47,500 GBP

• Cruise speed: 205 mph (178 kn; 330 km/h)
• Range: 1,000 mi (869 nmi; 1,609 km)

When something like that is remotely feasible versus buying a shoe box house in East Hunsbury then the only thing that is remote is British house prices from reality.

Edited November 19, 2014 by TheCountOfNowhere

[Zzzzzzzzzzzzzzzzzzzzzzzzzz]

I am in the process of moving (taken me a while!) - a nightmare because I'm not very good at moving! The UK is impossible if you want any quality of life whatsoever. An awful place run by financiers and their corrupt pals in Westminster. Other places have their problems and yet I can't see it's worth paying any kind of premium to remain here.

You mention Bulgaria... v good internet infrastructure - I know very rural properties with fibre optic connections there (and tax is 10% or something if you run a business - so, lower tax and better digital infrastructure) - much of E Europe outstrips the west in terms of internet infrastructure according to this map I'm looking at - much of Spain is v good (esp north). Baltic States have a v advance digital infrastructure too, in my experience.

Edited November 19, 2014 by gruffydd

[Zzzzzzzzzzzzzzzzzzzzzzzzzz]

I agree the contrast between the UK and France is shocking but there are a number of things to consider.

A lot of the French properties appear to be high maintenance/money pits; they are often a long way from anywhere (I stayed in a small village in France that was 70 miles from the nearest railway station), the local communities and jobs are often non-existent; it's also quite hard to set up in business in France. Although the weather will be better once you're south of say, Lyons, most of the year it will be much the same as England.

Most French people I know, in rural areas, aim for a modern bungalow - same in Ireland (where they knock down anything slightly old, it seems) - they don't want the maintenance or the damp! France appeals yet E Europe appeals much more - lower taxes and better digital infrastructure than UK (or France for that matter!)

[Zzzzzzzzzzzzzzzzzzzzzzzzzz]

Dont make me laugh...the london/SE job market has been supported by Q.E. and massive government support. All things being equal London and the S.E. should be devoid of most of those parasitic jobs by now.

When reality is forced on the government/bankers London will not be the place to be.

http://www.theguardian.com/news/datablog/2014/aug/07/london-gets-24-times-as-much-infrastructure-north-east-england- for example... London/SE has a socialist-style economy - take away the pump-priming...

[Bruce Banner]

Most French people I know, in rural areas, aim for a modern bungalow - same in Ireland (where they knock down anything slightly old, it seems) - they don't want the maintenance or the damp! France appeals yet E Europe appeals much more - lower taxes and better digital infrastructure than UK (or France for that matter!)

Yes, the French, who could easily afford to live in large houses with lots of land, seem to prefer to live in well insulated modern houses with small manageable gardens. I agree with them.