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Luxury Flats

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Can we all take a few moments to thank

  • The (Former) Office of the Deputy Priminister for encouraging development in city centres
  • The developers who brought disused factories and dockyards in the grim end of town and converted them into luxury appartments
  • BTL investors who have bought luxury flats

Between them we have seen unused areas of towns which were no-go areas being converted into the social housing of tomorrow, at little to no cost to the tax payer. The fact these luxury appartments of today resemble the council tower blocks of yesteryear is a happy coincidence.

John Prescot's legacy will be affordable housing for the working classes in 5-10 years time and for the next 50 years, and the conversion of unused areas of town into useful low cost housing areas (just without the handy shopping areas which were always a part of 60's developments)

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Can we all take a few moments to thank

  • The (Former) Office of the Deputy Priminister for encouraging development in city centres

  • The developers who brought disused factories and dockyards in the grim end of town and converted them into luxury appartments

  • BTL investors who have bought luxury flats

Between them we have seen unused areas of towns which were no-go areas being converted into the social housing of tomorrow, at little to no cost to the tax payer. The fact these luxury appartments of today resemble the council tower blocks of yesteryear is a happy coincidence.

John Prescot's legacy will be affordable housing for the working classes in 5-10 years time and for the next 50 years, and the conversion of unused areas of town into useful low cost housing areas (just without the handy shopping areas which were always a part of 60's developments)

Here here! Tomorrow's bargain will have laminate flooring, concealed lighting, a fancy stainless-steel open fireplace and a beautifully fitted kitched !

I'm expecting to cash in on the "lazy generation"'s desire for finished property that they have failed to keep up the premium payments for.

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Far too much time is spent on this board focusing on the negative.

Look at the dot-com bubble, lots of people lost a lot of money on that gamble.

But it did a fantastic amount to develop the web, without all those billions being thrown recklessly at development we wouldn't be where we are now.

Ok, it could have been done far more economically, but many people have benefitted enormously from the web.

A simple example is email, I've had a free account for about 7 years. Thanks dot-com investors.

Good will come from this housing bubble as well, probably in the form of incredibly cheap housing for future generations.

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  • 337 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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