Garage sells for £600,000!
Crazy, eh?
https://www.bournemouthecho.co.uk/news/19320674.sandbanks-garage-sells-600-000-bidding-war/
This is near where I live.
We know it was you!
🤭😜
MovieChat Forums > General Discussion > Garage sells for £600,000!
This is the kind of house you get for $1 million in Toronto.
https://smartcdn.prod.postmedia.digital/nationalpost/wp-content/uploads/2021/05/regeant-st.jpeg?quality=90&strip=all&w=576&type=webp
This isn't a joke, it's real.
Oh, just like in Silicon Valley, where I grew up! Tiny little houses that were built for blue-collar families now sell for a million dollars or more.
Yes, I left 20 years ago, I never had a hope of buying and cashing in, and I could see that staying there was going to be economically ruinous.
Unfortunately, property is worth whatever people are silly enough to pay for it.
shareIn Silicon Valley, at least, people are being offered a choice between a two-hour commute to more affordable housing, or insane housing costs near their jobs. And many people work such long hours that a two-hour commute means giving up sleep.
My favorite reaction to the insane Silicon Valley housing costs was the guy who owned a house near the google campus, and he put out an ad for "TENT IN MY BACK YARD, $50 A NIGHT". He included a camp bed, sleeping bag, wifi password... and I forget about bathroom access, but it was a short drive from google and it was a cheap place to get some sleep for people exhausted by long hours. He got plenty of business. I wonder if anyone in Toronto has tried the same? In summer, anyway.
This is genius!
shareAerial shot shows it is much larger than one's imagination of a two-car garage.
Worth every penny. I remember the old days when it would have sold for 600,000 guineas.
https://nypost.com/2012/05/20/the-1-million-parking-space/
Ugh....ridiculous.
We had to move over 200 miles just to get a bigger garden!
Where did you move from?
share"£600,000 - 2.5 times the price of the average house in Britain."
thats the shocking part!
Which part did you find shocking if you don’t mind me asking?
shareThat means the average house is 240k
just seems a lot .
I remember not too long ago , mid 90s , they were about 40k round my way , and i could afford one - but was too picky and pissed around looking for the right one rather than jumping on "the ladder"
...even though i had dreams of several buy-to-rents , which seemd possible on my spreadsheet back then.
still, got one eventually, so has the mrs , and both are paid off :)
Ah, I see.
Reason I asked was, if you lived in London then you might be shocked that it’s so low; if you lived outside London then you’d be shocked that it was so high, lol.
Great to hear you’re mortgage free 👍