My previous neighbours at the back had a nice garden and grew a lot of vegetables. Then they moved and the house was bought by a builder who destroyed the garden and paved it over. Then it was bought by somebody who has just let it and the tenants use it to store their rubbish, which there is a lot of. Which has not improved my view.
Buy-to-let has been a disaster for areas like this, as stable communities have been replaced by people who are on the move and don't care about where they live. The government has made matters worse by encouraging it. The effect has been to stoke up house prices beyond the reach of people who want to buy them to live in. This has helped to inflate the house-price-bubble.
Of course, it is not the price of houses that has risen, it is the price of the land upon which they stand. Like all bubbles, it will burst, the only question is when? Then the places will just stand empty and deteriorate.
Prenumerera på:
Kommentarer till inlägget (Atom)
Battery trains fool’s gold
A piece by the railway news video Green Signals recently reported the fast charging trials for battery operated electric trains on the West ...
-
I wrote to my MP on two entirely separate issues recently. The first was to do with the replacement for the Inter City 125 train, which at £...
-
The ultimate net zero lunacy is probably de-carbonising and trying to electrify the entire railway system. In the first place, the railways...
-
The FT has run a couple of pieces on Sweden this week. The first was a report of the outbreak of car burning, the second, today, on the rise...
Inga kommentarer:
Skicka en kommentar