£264,995 (see full page advert in this week's Dawlish Gazette page X property pages)
I wonder how many local people can afford that amount let alone the other, bigger, homes that will cost even more?
But Lynne we have the new LIVING WAGE
I thought it was tough buying my first terrace house in Portsmouth back in the mid 1980's when you could borrow 3x salary and the one I bought cost a whopping £27k. Back then I earnt a decent £16k a year. How an earth someone on £12 to £18k is supposed to afford a home these days is beyond a joke.
Smug politicians with their £10k salary increase this year just makes my blood boil.
Just to point out that only those aged 25 and over are eligible for the living wage.
Look on the positive side here. If the newcomers can afford in excess of £245,000 for a house they may also bring new businesses and new money to the town and even jobs. Has to be better than low life, drug dealing, bennifit scrounging drop outs.
I don't have a problem at all about people with money moving into the area. The problem I have is where those with little money and who are already living in the parish (our young people for example) where will they be able to afford to live?
They are more likely to spend their money in Exeter, Newton Abott or the internet and chances are they will work/employ people (again) in Exeter/Newton Abott not Dawlish.
is there anything to stop these houses being bought-to-let ? (asking out of sheer ignorance). if not then, @FredBassett, you may be disappointed in the newcomers
@Daverc - as these houses are open market ones i'd say the answer to your question is in the term 'open market'.
Thought as much.