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[OM] Re: Welford Northamptonshire #6

Subject: [OM] Re: Welford Northamptonshire #6
From: "James N. McBride" <jnmcbr@xxxxxxx>
Date: Fri, 27 Aug 2004 11:37:33 -0600
Housing is much more available in the US but expensive in some areas. The
only time housing depreciates here is when an area is severely depressed. In
high growth areas the prices appreciate rapidly. For as long as I can
remember it has been difficult for young people to find housing in Great
Britain. I've known several newly married couples that lived with their
parents for several years. Are you ready for that?

/jmac

-----Original Message-----
From: olympus-owner@xxxxxxxxxx [mailto:olympus-owner@xxxxxxxxxx]On
Behalf Of Chris Barker
Sent: Friday, August 27, 2004 11:00 AM
To: olympus@xxxxxxxxxx
Subject: [OM] Re: Welford Northamptonshire #6



And young couples are having a great deal of trouble finding houses
that they can afford.  My (admittedly limited) experience of the house
market in the US is that your houses depreciate in value, and you can
set off the loss against tax.  In this country the market is
appreciating fast.

My house has quadruple in "value" in 10 years.  It means nothing as I
could not take any profit from that and still have a house big enough
for my OM, Zuikos, Bronica, Contax and darkroom tent ;-).  However, I
might have to sell it to be able to help my sons put down deposits on
houses themselves ...

Chris

On 27 Aug 2004, at 8:59, Piers Hemy wrote:

>
> House prices at that level (and the mortgage payments involved) often
> indicate penury rather than riches!
>
> Piers
>
> -----Original Message-----
> From: olympus-owner@xxxxxxxxxx [mailto:olympus-owner@xxxxxxxxxx] On
> Behalf
> Of Siddiq
> Sent: 27 August 2004 08:47
> To: olympus@xxxxxxxxxx
> Subject: [OM] Re: Welford Northamptonshire #6
>
>
> On Fri, 27 Aug 2004 00:30:11 -0600, Gordon Ross <gordross@xxxxxxx>
> wrote:
>
>>
>> Hi Siddiq:
>>
>> If they cost 60,000 Pounds they might have to live in it!
>>
>> Gord
>
> Indeed! While in Purley last September, I was shocked to see how
> expensive
> houses were, certainly nothing seemed below 200,000 pounds! Was it
> just that
> area or in general are they that rich normally?
>
> --
> /S
> aim:iddibhai
> icq:104079359
> email/msn:msidd004atstudentdotucrdotedu
>
<|_:-)_|>

C M I Barker
Cambridgeshire, Great Britain.

+44 (0)7092 251126
ftog at threeshoes.co.uk
http://www.threeshoes.co.uk
http://homepage.mac.com/zuiko
... a nascent photo library.


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