From: JNugent73@mail.com 
  
 On 08/09/2025 10:56 AM, Roland Perry wrote: 
 > In message , at 09:55:56 on Mon, 8 Sep 
 > 2025, JNugent  remarked: 
 >> On 08/09/2025 08:03 AM, 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. 
 >> 
 >> Totally unrealistic. All the landowner has to do is start marking and 
 >> digging out some the foundations (or similar) and the three year 
 >> stipulation is satisfied. 
 >>> 
 >>> 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. 
 >> 
 >> Unrealistic pricing and a refusal to meet potential buyers half-way? 
 > 
 > Typically a developer is looking for about a 20% net margin, and are 
 > reluctant to sell at a discount because they believe (possibly wrongly) 
 > that the market will recover and they can eventually sell the houses. 
  
 Were you describing new-build, never-occupied houses? 
  
  From what you wrote, I took them to be properties offered for sale by 
 the occupant or perhaps an inheritor. 
 > 
 > It's also quite common for the houses to only be built as a shell, and 
 > have no fixtures and fittings until someone buys. I've even seen houses 
 > where the shell was sold by the bank which repossessed them from the 
 > bankrupt developer, and individual buyers had to finish them off. Red 
 > tape tends to stall that process for about five years. 
  
 --- SoupGate-Win32 v1.05 
  * Origin: you cannot sedate... all the things you hate (1:229/2)