From: hex@unseen.ac.am
On 08/09/2025 08:03, Roland Perry wrote:
> In message <109kcl0$3pssh$2@dont-email.me>, at 16:42:09 on Sun, 7 Sep
> 2025, Jethro_uk remarked:
>> On Sat, 06 Sep 2025 22:15:52 +0100, Fredxx wrote:
>>
>>> The rental market will become more strained and rents will undoubtedly
>>> increase. Some will exit the market and the supply further shrink.
>>
>> Unless a landlord blows up their property out of spite, one property
>> taken off the rental market equals another on the market for a homeowner.
>
> But there isn't a shortage of properties for owner occupiers to buy.
> Quite the reverse. They've stopped much of the building on the new
> estates surrounding Ely [sorry] because they can't sell the ones they
> already have.
>
> The council is making vague but probably unrealistic noises about
> terminating their planning permission, and re-issuing it to a developer
> who would build lower-priced homes.
>
> More anecdata: there's a house in my GF's street which has been on the
> market since at least the New Year, and my neighbour's house has been
> since Easter. A empty bungalow round the corner has been on the market
> for about a year, and another near-neighbour's house has only been
> occupied the last few weeks, when the old lady vacated it to a care home
> before the pandemic. Could have been probate issues though. My GF's late
> mother's flat sold as recently as last week, but was marketed in
> December, and there are several other flats in the block which have been
> unsold that whole time.
It's only a matter of price.
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
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