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30.6.2009, 21:18
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#1
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![]() Senior ![]() ![]() ![]() Group: User Posts: 36 Joined: 14.2.2009 Member No.: 10 |
Housing market is still volatile and coz i want to buy a house quite soon, i need to think of the purchase as a long term investment. Of course, ideally i would prefer a detached property in a desres area, but sadly this type of property is out of my reach. Guess i'm after your advice or views on what type of property withstands the recession better or still worth its money: flats, terraced houses, semi-s?
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1.7.2009, 19:51
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#2
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Senior ![]() ![]() ![]() Group: User Posts: 33 Joined: 15.2.2009 Member No.: 11 |
To me, location would be one of the key factors. If location is right, then whatever property you have, you'd get the money back (eventually
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2.7.2009, 23:03
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#3
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![]() Senior ![]() ![]() ![]() Group: User Posts: 57 Joined: 14.2.2009 Member No.: 9 |
What about bungalows? They usually occupy good size plots of land and eventually could be either extended or even knocked down to give way to a bigger property.
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4.7.2009, 11:02
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#4
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Senior ![]() ![]() ![]() Group: User Posts: 36 Joined: 11.2.2009 Member No.: 8 |
What about bungalows? They usually occupy good size plots of land and eventually could be either extended or even knocked down to give way to a bigger property. i like your idea! it does not seem that many of these are built nowadays either: the rarer the property, the better its appeal. |
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5.7.2009, 10:18
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#5
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![]() Senior ![]() ![]() ![]() Group: User Posts: 53 Joined: 4.3.2009 Member No.: 45 |
My view on this is quite simple: check your budget against the properties available in the area you would ideally like to be, would not mind living and would consider living depending on the property. Once you know what's available, it may be easier to decide what to go for. Ultimately, the more land or the more opportunities to develop the house/plot the better.
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14.7.2009, 21:27
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#6
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Senior ![]() ![]() ![]() Group: User Posts: 34 Joined: 17.4.2009 Member No.: 227 |
Oh these dilemmas! Solution? a flat in town and a house in the countryside!
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