That’s really funny, the first house we bought we had to /completely/ renovate, top to bottom. It took us 13 years, and then we moved 😂 It’s frightening when I think of the money we sank into it, that was with proper double digit interest rates as well. We’re too old for that now. Next door to us is rented, and it’s not maintained at all. Wooden windows all starting to rot, it’s a shame because it’s a really nice house.
Discussion
I hate seeing houses rot. There's a beautiful old farmhouse, down the street, that would make such an elegant country estate, but the people who inherited it 20 years ago, are just letting it fall apart.
Land prices are so stubbornly high, that people just sit on property they don't use and everything decays.
That’s what I was going to say, the land is worth more than the bricks and mortar. That must be one of the things with farming, if someone walked up and offered you £1M for your farm, what would you do ?
Keep it. You can lease it out to other farmers.
A lot of agricultural land round by us is up for sale. Food comes from Supermarkets, haven’t you heard ?
Legit can't buy it, around here. The village board has to basically beg farmers for years for land, to open up housing developments, even though locals are desperate for living space.
A few years ago we were walking alongside a field and there was a flock of odd looking birds. Ooh, what are they I think. Get home, look it up, lapwings. Never seen one before. Or since, it’s houses now.