Comment on ‘The market is dead’: why aren’t flats in England selling?

RobotToaster@mander.xyz ⁨1⁩ ⁨week⁩ ago

• FarceOfWill@infosec.pub ⁨1⁩ ⁨week⁩ ago

  I think many will be waiting for the planned change to leasehold coming this government.

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• DakRalter@thelemmy.club ⁨1⁩ ⁨week⁩ ago

  I still don’t get how leaseholds could ever be a thing. Isn’t it just “buying isn’t owning”?

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  • echodot@feddit.uk ⁨1⁩ ⁨week⁩ ago

    My grandparents had a lease hold on their flat and the least hold was for 99 years. I doubt the building will still exist in 99 years so the entire thing is just a stupid concept.

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    • HerbGrower@slrpnk.net ⁨6⁩ ⁨days⁩ ago

      I often wondered how that works. Makes more sense to rent them than buy them, because you always have to pay some rent amount anyway.

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