Sunday 30 December 2012 1.36pm
Gavin Smith wrote:
Unfortunately there is still a lingering, although I feel that it has dissipated somewhat, attitude of "them and us" from people who fear that their investment will reduce in value if it is in proximity to blocks of council flats.
There'd be nowhere for anyone to buy then! Even the most exclusive abodes in London are surrounded by peasants in council housing. Perhaps to protect your investment and your obvious intolerance to such peasants, the only solution might be to reinvest in safer markets, where there is no social housing. Do you know YNB79 by any chance?
Gavin, I said that there is still a lingering doubt, I didn't say that it exists with me.
Where do you get my, "obvious intolerance" from?
I lived in a council flat before I got on the property ladder, I still have friends and relatives who do so too. I never saw either of the two houses that I bought and lived in as investments, sure, the first one increased in value, which gave me the wherewithal to buy the one I live in now, but I did not buy the first one with that in mind. There is a council block some fifty metres from my house, as far as I can see the tenants are just like myself and my immediate neighbours, they just want to live their lives, put food on the table and enjoy that life.
Finally, no, to the best of my knowledge I do not know YNB79.