NW Highland prices just went mad

[monkfish1]

hidetheelephants said:

The only thing that will reverse it will be construction of more housing affordable on the available wages, so it's not about to happen.

Doesnt even need to be "affordable" housing (whatever that means.)

There just needs to be more houses. A lot more. If there were more houses than people looking, prices would come down.

Sadly, if housing was 1/2 the price, even more people would come as it would then be easier to find accomadation. And so the spiral continues.

[Lotobear]

Bill said:

And then what's to stop a local buying it and then bumping up the price for an outsider?

I guess you could have a local occupancy clause/restriction placed on the title or an overage clause in the contract

[motco]

monkfish1 said:

okgo said:

Agree with that. Seems its only a problem when its some pretty seaside/rural idyll.

Nobody growing up in the SE as an entire area has an easy shot of owning a place. My son is growing up in a postcode where the average house is over £1m, I doubt anyone will feel sorry for him.

Indeed. The reality is a whole towns worth of people arrive in the UK every year. But the number of houses only grows at a fraction of the rate. So demand climbs and prices with it. Ultimately, it all ripples from the south east and London.

I was born and raised in London. Once i left school and got my apprenticeship, there was no way on earth id ever be able to buy a house in London. That was late eighties. No different from some of the issues mentioned by some in this thread. They are just fortunate they had a couple of decades extra before it got silly.

So i moved. To buckingham. That now too is so crazily priced, ive again moved out to mid wales, where , relatively, prices are still sort of sane,

This isnt a coastal/highlands/cornwall problem. its a problem everywhere.

More demand than supply. Thats a government problem. Sadly, isnt ever going to change.

Monkfish, I could have written exactly what you did with two changes: it was late sixties when I moved and it was to South Bucks where I remain to this day albeit in my third location. We nearly did what you did except not to Wales but to Dumphries and Galloway but family events prevented it in the end.

[yellowbentines]

Lotobear said:

I guess you could have a local occupancy clause/restriction placed on the title or an overage clause in the contract

Across the nation we could start by putting an end to the ease in which a cash rich individual who neither has their permanent residence nor has any connections to the UK can purchase property in this country - we don't have the housing stock.

And whilst many of us love going on holiday to a nice cottage/air bnb (myself included), should we be restricting the number of these to allow more property to be owner-occupied or long-term rented with tourists supported by small hotels and b&bs or guest houses instead?

[Cow Corner]

towser said:

Your insinuition that I'd filter based on time lived here or where people come from is unwelcome.

I didn’t insinuate anything - you literally said you would only sell to a local…

[cptsideways]

We bought our house (Argyll coast) directly via the seller after we met sailing one day, they only wanted to sell to someone who wanted to live in the village. Big Victorian place needing tons of work wasn't quite what we were looking for! but we got double the house. We had them round for dinner a few weeks back, amazed at the job we've done & they're very pleased to see the place brought back to life.

So only selling to locals is a thing and certainly good for the local economy. Ours is only a slightly touristy village gets busy for a few hours when the Waverly drops by, and just a few holiday homes.

[hidetheelephants]

cptsideways said:

We bought our house (Argyll coast) directly via the seller after we met sailing one day, they only wanted to sell to someone who wanted to live in the village. Big Victorian place needing tons of work wasn't quite what we were looking for! but we got double the house. We had them round for dinner a few weeks back, amazed at the job we've done & they're very pleased to see the place brought back to life.

So only selling to locals is a thing and certainly good for the local economy. Ours is only a slightly touristy village gets busy for a few hours when the Waverly drops by, and just a few holiday homes.

Slightly stalkery, but what's the score with your neighbour; someone died or just not like cutting hedges?

[Lotobear]

cptsideways said:

We bought our house (Argyll coast) directly via the seller after we met sailing one day, they only wanted to sell to someone who wanted to live in the village. Big Victorian place needing tons of work wasn't quite what we were looking for! but we got double the house. We had them round for dinner a few weeks back, amazed at the job we've done & they're very pleased to see the place brought back to life.

So only selling to locals is a thing and certainly good for the local economy. Ours is only a slightly touristy village gets busy for a few hours when the Waverly drops by, and just a few holiday homes.

Tighnabruaich?

[cptsideways]

hidetheelephants said:

cptsideways said:

We bought our house (Argyll coast) directly via the seller after we met sailing one day, they only wanted to sell to someone who wanted to live in the village. Big Victorian place needing tons of work wasn't quite what we were looking for! but we got double the house. We had them round for dinner a few weeks back, amazed at the job we've done & they're very pleased to see the place brought back to life.

So only selling to locals is a thing and certainly good for the local economy. Ours is only a slightly touristy village gets busy for a few hours when the Waverly drops by, and just a few holiday homes.

Slightly stalkery, but what's the score with your neighbour; someone died or just not like cutting hedges?

It's an abandoned house, was owned by an American couple who died in a car crash in the 50,s long story but no family, so technically no-one owns it. If anybody wants a plot. It's beyond fixing, but as Victorian inside as you can imagine, a sister house to ours.

And yes Tighnabruiach :thumbsup: