Someone once suggested to me that the way to buy a house at a coastal
resort was to walk around and decide which house you would like, then knock on
the door and ask the price. This is on
the basis that, even if they're not advertised, a lot of the houses in at least
some coastal towns are for sale at the right price.
At Lorne, there did appear to be a more-than-usual number of properties with "For Sale" signs this year. I also heard that the holiday letting market is a little quieter.
Just the same, there's some building activity occurring around town, I'm not sure if building a house is any more "economically rational" than buying an existing house, but perhaps the achievement of ending up with just what you think you want compensates for what seems to me to be the stresses of the building process.
At Lorne, there did appear to be a more-than-usual number of properties with "For Sale" signs this year. I also heard that the holiday letting market is a little quieter.
Just the same, there's some building activity occurring around town, I'm not sure if building a house is any more "economically rational" than buying an existing house, but perhaps the achievement of ending up with just what you think you want compensates for what seems to me to be the stresses of the building process.
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