Sunday, June 19, 2011

On the other end

At £60,000: Smallest beach hut in upmarket seaside town goes on the market

It's believed that the hut has resided on the seafront at Southwold, Suffolk for over 100 years. I wonder if it is a listed hut?

Posted by peter_2008 @ 03:54 PM (1483 views)
Please complete the required fields.



7 thoughts on “On the other end

  • mark wadsworth says:

    Whoever owns it must have worked really hard to increase the value of this hut and a postcard sized plot of land to £60,000 – he must have been “punching the tree” really hard fro decades.

    It’s unlikely that the location value alone or artificial scarcity value, together with increased mobility of the population have anything to do with it.

    Reply
    Please complete the required fields.



  • The real nutters.

    At least it has wheels.

    Le Crunch.

    Reply
    Please complete the required fields.



  • “Punching the tree”? Is that a euphemism?

    Reply
    Please complete the required fields.



  • charlie brooker says:

    Its been bought by a shoe-shine boy, so I’m told . . . .

    Reply
    Please complete the required fields.



  • mark wadsworth says:

    D, yes, it is a euphemism that arose from a sarcastic remark on my blog.

    A Home-Owner-Ist or Faux Libertarian had claimed that land only had value because the owner had “applied labour and capital to it” and thus to tax the land value would be to deprive him of the fruits of his labour (or some such clap trap – surely this applies in spades to income tax?).

    Fraggles (a Georgist) asked him what would happen if he went into a forest and applied labour to land by punching a tree – would he then be declared owner of the forest? He didn’t get a reply, of course.

    Reply
    Please complete the required fields.



  • Would this be a ‘second home’ for CGT purposes? Nobody can claim ever to have lived there as a ‘principal private residence’..

    Reply
    Please complete the required fields.



  • icarus,
    For CGT purposes they are an asset like any other, and thus liable for CGT. They are not a home at all – in fact, beach hut owners must also pay non-domestic rates (Business Rates).

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>