All the New Houses - Who Is Buying Them?

[Deleted member 18243]

Went to Harrogate yesterday, one of our most beautiful towns, for the first time in perhaps two years. Like many towns there is much house building underway. Sadly, in Harrogate, the building was on the outskirts, on what was, the last time I visited, farm fields. There were hundreds of new houses completed, and countless more still under construction.

A lot of these new houses were already occupied, and it made me wonder where the occupiers had come from so suddenly. There might have been 1,000 people in these houses. Two years ago when the area was fields, I didn't see 1,000 people in the fields waiting to be housed; nor did I see the 1,000 loitering around the town.

So where have they all come from? And it's not just Harrogate, it's all over the country. That's many thousands.

 

[Bod ...]

Crossing the Channel via Rwanda.

 

[crystal ball]

Went to Harrogate yesterday, one of our most beautiful towns, for the first time in perhaps two years. Like many towns there is much house building underway. Sadly, in Harrogate, the building was on the outskirts, on what was, the last time I visited, farm fields. There were hundreds of new houses completed, and countless more still under construction.

A lot of these new houses were already occupied, and it made me wonder where the occupiers had come from so suddenly. There might have been 1,000 people in these houses. Two years ago when the area was fields, I didn't see 1,000 people in the fields waiting to be housed; nor did I see the 1,000 loitering around the town.

So where have they all come from? And it's not just Harrogate, it's all over the country. That's many thousands.

Do you live in a house?

 

[Hairymelon]

Most likely people leaving city’s that have become multicultural

 

[JP_]

People are living longer, so few people inherit parents homes now until long after they are parents themselves. Also, fewer people live in houses, people are less likely to downsize now, rarely are there multigenerational homes. In 1-2 generations we've changed the way we use houses.

Believe it or not, the penniless refugees coming over on inflatable boats are not buying houses for half a million quid.

 

[Bod ...]

Believe it or not, the penniless refugees coming over on inflatable boats are not buying houses for half a million quid.

They do however need somewhere to live...

 

[jacko555]

So where have they all come from? And it's not just Harrogate, it's all over the country. That's many thousands.

Many thousands of people locked into renting as they cannot afford to buy where they want to live sign up for the new builds. Rent vs mortgage costs are similar, although, rent is wasted money.

 

[JP_]

They do however need somewhere to live...

We've lost around 200,000 EU nationals since 2016, so immigration can't be the cause.

It really is British people kicking their kids out and not wanting to live with elderly parents.

 

[fillyboy]

We've lost around 200,000 EU nationals since 2016, so immigration can't be the cause.

It really is British people kicking their kids out and not wanting to live with elderly parents.

Quite clearly, that 200,000 doesn't include the 5.3 million who were granted settled status in the UK?

 

[Bod ...]

We've lost around 200,000 EU nationals since 2016, so immigration can't be the cause.

It really is British people kicking their kids out and not wanting to live with elderly parents.

It takes all types.........

 

[fillyboy]

5.3 million? and JP blames the housing crisis on a kid leaving home. FFS you couldn't make it up. Well, obviously he did.

 

[ReganAndCarter]

They do however need somewhere to live...

No doubt all of the blowhard lefties on here have opened up their homes to all the young men desperate to leave France.

 

[Justin Passing]

Well, I might.
The stock market isn't likely to give the returns it has done - about 60% over the last 2 years. I've been out of that apart from bits, since about xmas - just as well. Simply owning property isn't effort free though and you have to buy right, and it's reckoned to be peaking soon. The one I have empty has gone up more in the last 6 months than it would have earned in rent, or in the bank, and no hassle. It's not near me so I could have a weekend away, but I cba...

 

[Deleted member 18243]

Well, I might.
The stock market isn't likely to give the returns it has done - about 60% over the last 2 years. I've been out of that apart from bits, since about xmas - just as well. Simply owning property isn't effort free though and you have to buy right, and it's reckoned to be peaking soon. The one I have empty has gone up more in the last 6 months than it would have earned in rent, or in the bank, and no hassle. It's not near me so I could have a weekend away, but I cba...

Is there anything you wouldn't do for money?

 

[Deleted member 18243]

Well, I might.
The stock market isn't likely to give the returns it has done - about 60% over the last 2 years. I've been out of that apart from bits, since about xmas - just as well. Simply owning property isn't effort free though and you have to buy right, and it's reckoned to be peaking soon. The one I have empty has gone up more in the last 6 months than it would have earned in rent, or in the bank, and no hassle. It's not near me so I could have a weekend away, but I cba...

And it's Christmas, not xmas.