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Post by piglet on Mar 7, 2024 11:49:48 GMT
It hasnt made the national news but the goverrnment want to make Cambridge into a silicon valley, and are looking to build 150,000 houses, upwards, in the Cambridge area, Gove initially wanted 450,000 which is what they are aiming for. High Tech is coming, dripping with money.
There are already countless new towns springing up, Cambridge is set to boom. If want to make a long term investment buy in Cambridgeshire you cant lose. In ten twenty years you will make a fortune. Where i grew up, Gwydir Street the houses along there would have been pulled down in any other town a long time ago, now the two up two downs are worth close to a million, in Bordesley Green Birmingham or Stoke you could pick it up for under £ 100,00. Im in Ely, it will be felt there too, massive infrastructure changes are in the pieline.
No need to thank me....your welcome.
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Post by Handyman on Mar 7, 2024 12:47:12 GMT
Cambridge made the headlines yesterday during the Chancellors Budget in the Commons, Investors and House Builders probably knew about a long time ago
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Post by om15 on Mar 7, 2024 13:19:12 GMT
That's the Fens fucked up then, and a 20 mph speed limit on the M11.
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Post by Baron von Lotsov on Mar 7, 2024 13:58:29 GMT
It hasnt made the national news but the goverrnment want to make Cambridge into a silicon valley, and are looking to build 150,000 houses, upwards, in the Cambridge area, Gove initially wanted 450,000 which is what they are aiming for. High Tech is coming, dripping with money. There are already countless new towns springing up, Cambridge is set to boom. If want to make a long term investment buy in Cambridgeshire you cant lose. In ten twenty years you will make a fortune. Where i grew up, Gwydir Street the houses along there would have been pulled down in any other town a long time ago, now the two up two downs are worth close to a million, in Bordesley Green Birmingham or Stoke you could pick it up for under £ 100,00. Im in Ely, it will be felt there too, massive infrastructure changes are in the pieline. No need to thank me....your welcome. I think you are under a bit of an illusion. Markets function through speculation. Now you can hedge your bets and just invest in an investment fund that is geared toward property investment and you will get the average performance of the market. If you go for an area like Cambridge which is said to be likely to increase in value above the market average you will have to pay more for it so you still only get the average market performance, because at any one time all of these details are already factored into the price. Everyone is looking for a bargain so all the prices of bargains increase so the investment reverts to average performance, not bargain.
There is only one way to get a better than average performance out of a market investment, and that is to make a more accurate prediction of the future than the average buyer makes. This means you need to be an expert in the market, which a load of newspaper stories about government plans do not make you any more of an expert than the next Daily Mail reader. I mean supposing this Silicon Cam turns out as good as the Silicon Glen? You paid above average in Cambridge to factor in the gold rush but the gold rush not happen. Hint: I hear silicon is coming to the end of its life anyway. Future chips may well use light rather than electrons, so the silicon may well become obsolete. You see Silicon Cam has to do some of its own betting in the market too. |
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Post by Dogburger on Mar 7, 2024 16:40:16 GMT
They have already built on all the land in Cambridge thats suitable , the rest of it is floodplain . Might get away with it here and there with a few small developments but 150,000 houses , no chance . Your welcome  |
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Post by Baron von Lotsov on Mar 7, 2024 18:36:43 GMT
They have already built on all the land in Cambridge thats suitable , the rest of it is floodplain . Might get away with it here and there with a few small developments but 150,000 houses , no chance . Your welcome It is more likely the huge number of houses in one area by virtue of incompetent state planning will lead to a local oversupply on the market.
By the way, the reason you can't just build another Silicon Valley in another part of the world, and many places have tried, is because Silicon Valley was funded by printing dollars. The purpose was to fund the military by such generous government contracts that is made the ones who did them very rich. Like as if our government has that much cash to fling at it. This was during the Cold War as well where there was an arms race, which meant there had to be a technology race.
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Post by Bentley on Mar 7, 2024 23:57:57 GMT
My son moved to Cambridgeshire 10 years ago because there was so many IT jobs there . Silicone valley was mentioned about Cambridge then .
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Post by Baron von Lotsov on Mar 8, 2024 0:34:51 GMT
My son moved to Cambridgeshire 10 years ago because there was so many IT jobs there . Silicone valley was mentioned about Cambridge then . By the way, silicone is the breast implant material. That's a different industry entirely! |
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Post by Bentley on Mar 8, 2024 10:12:47 GMT
My son moved to Cambridgeshire 10 years ago because there was so many IT jobs there . Silicone valley was mentioned about Cambridge then . By the way, silicone is the breast implant material. That's a different industry entirely! Yes but Silicone valley is a reference to silicone chip . You should keep abreast of events . |
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Post by piglet on Mar 8, 2024 11:42:46 GMT
Your wrong Baron. I owned a house in Stoke for thirty years, the pricee hardly moved. Whatever you pay now will be dwarfed by the price in even a years time. My brother sold a house in 2014 for 360,000, now just ten years lateer its close to a million. You do the math. You overthink, markets do not function on speculation, high tech coming to Cambridge is not speculation, its hard rock reeality. By the way, i am a Cambridge property expert, i grew up there.
Do you invest in property?, if you believe your own stuff, you just lost a lot of money, trying to be clever and failing spectacularly. Cambridge will becomee a huge city.
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Post by Baron von Lotsov on Mar 8, 2024 13:39:47 GMT
Your wrong Baron. I owned a house in Stoke for thirty years, the pricee hardly moved. Whatever you pay now will be dwarfed by the price in even a years time. My brother sold a house in 2014 for 360,000, now just ten years lateer its close to a million. You do the math. You overthink, markets do not function on speculation, high tech coming to Cambridge is not speculation, its hard rock reeality. By the way, i am a Cambridge property expert, i grew up there. Do you invest in property?, if you believe your own stuff, you just lost a lot of money, trying to be clever and failing spectacularly. Cambridge will becomee a huge city. Yes I know you are from Cambridge. It helps, but you always have to remember the price tripling in ten years does not mean it will do the same in the next ten years. The housing market is an investment bubble and needs to come down in price. The cost of building that one million pound house is nowhere near one million. This is the danger in investing in it. The price is effectively propped up by government policy, so it is a risk. I'm saying I do not know how much it will be worth in ten years. A lot of it depends on how Cambridge does for jobs which depends on the success of its silicon, but just remember you guys are in competition with Beijing.
'4 Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me. 5 Thou preparest a table before me in the presence of mine enemies: thou anointest my head with oil; my cup runneth over.'
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Post by patman post on Mar 8, 2024 14:02:31 GMT
France has a scheme** that encourages private investment in the construction of new housing and rental in areas where the housing supply is insufficient. Investors who acquire real estate can benefit from a significant tax reduction of up to 21% of the investment.
The areas needing housing are around new and/or expanding educational, industrial research complexes, etc.
Admittedly, France has more available land than the UK, but is there any reason UK building shouldn't come up with equally attracting investment schemes and more ingenious uses of building land for housing...?
** The 2014 Pinel Law
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Post by Baron von Lotsov on Mar 8, 2024 14:29:48 GMT
France has a scheme** that encourages private investment in the construction of new housing and rental in areas where the housing supply is insufficient. Investors who acquire real estate can benefit from a significant tax reduction of up to 21% of the investment. The areas needing housing are around new and/or expanding educational, industrial research complexes, etc. Admittedly, France has more available land than the UK, but is there any reason UK building shouldn't come up with equally attracting investment schemes and more ingenious uses of building land for housing...? ** The 2014 Pinel Law Yes, the reason is Tory Party members are in the landlord business. They have sunk their money into property and made a lot by restricting development to keep the supply low and prices high, and this is why we see incredible rises in value for old shitty properties some built hundreds of years ago! How do I know? Well I used to be a frequent poster on Con Home and got to know some of them. |
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Post by patman post on Mar 8, 2024 15:38:46 GMT
France has a scheme** that encourages private investment in the construction of new housing and rental in areas where the housing supply is insufficient. Investors who acquire real estate can benefit from a significant tax reduction of up to 21% of the investment. The areas needing housing are around new and/or expanding educational, industrial research complexes, etc. Admittedly, France has more available land than the UK, but is there any reason UK building shouldn't come up with equally attracting investment schemes and more ingenious uses of building land for housing...? ** The 2014 Pinel Law Yes, the reason is Tory Party members are in the landlord business. They have sunk their money into property and made a lot by restricting development to keep the supply low and prices high, and this is why we see incredible rises in value for old shitty properties some built hundreds of years ago! How do I know? Well I used to be a frequent poster on Con Home and got to know some of them. The French scheme is for individual private investors — typically those looking to amass savings, not investment companies (which I don't think qualify anyway)... |
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Post by Baron von Lotsov on Mar 8, 2024 15:55:00 GMT
Yes, the reason is Tory Party members are in the landlord business. They have sunk their money into property and made a lot by restricting development to keep the supply low and prices high, and this is why we see incredible rises in value for old shitty properties some built hundreds of years ago! How do I know? Well I used to be a frequent poster on Con Home and got to know some of them. The French scheme is for individual private investors — typically those looking to amass savings, not investment companies (which I don't think qualify anyway)... The British scheme is to get massive dodgy building contractors to build massive estates, build them at terrible build quality and then stuff the pockets of the owners of these firms which contribute to Tory Party funding. If you would like to see for yourself, you will find Youtube has quite a few builders' experts on it who do detailed inspections of these estate housing, and there are other experts who can explain to you how leases work and other scams.
Me personally, I find houses have certain vintage years. We had a boom 1930s ish and post war where stuff was built quickly and cheaply. Buy too modern and the rooms are stupidly small and the hallways are narrow etc plus the garden is small. Buy too old and you get the lack of cavity insulation and cost of upkeep. I have a preference for the 60s period. Our country was pretty flush with cash then so the houses are a bit more generous in space. Actually the house I was brought up in an the one I live in now are both of this period and good. The 60s was a bit more creative architecturally as well in my opinion. They tuned in and dropped out of the system. |
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