Author Topic: The Quadrant for sale.  (Read 6807 times)

qwerty

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The Quadrant for sale.
« on: October 04, 2016, 07:58:45 PM »
Looks like the proposed development is still a little short of investment.

http://www.rightmove.co.uk/commercial-property-for-sale/property-56354707.html

AdyG

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Re: The Quadrant for sale.
« Reply #1 on: October 05, 2016, 12:09:39 AM »
I would imagine with brexit there'll be a decline in demand for housing, and house prices will go down.

Ferret

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Re: The Quadrant for sale.
« Reply #2 on: October 05, 2016, 08:18:48 AM »
How do you arrive at  "a little short of investment"?

Are you expecting the Chestnuts to build everything?  Is it not common practise for a large new development to be divided up between several house builders and potential self build plots?

At least the development is described as being on the southern edge of Boston.......that might make somebody happy :-)

qwerty

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Re: The Quadrant for sale.
« Reply #3 on: October 05, 2016, 09:38:04 AM »
How do you arrive at  "a little short of investment"?

Because it's still for sale.

howmanynames2pick

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Re: The Quadrant for sale.
« Reply #4 on: October 05, 2016, 09:46:27 AM »
I would imagine with brexit there'll be a decline in demand for housing, and house prices will go down.

Why???
Was all house building for foreign nationals?
By the same token were they driving house prices up??

Pilgrim86

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Re: The Quadrant for sale.
« Reply #5 on: October 05, 2016, 10:48:54 AM »
I would imagine with brexit there'll be a decline in demand for housing, and house prices will go down.

There will be little deportation, so unless Britons are fleeing their own country in their droves why will there be a decline in demand?
I create YouTube videos (BUFC/FM/CM 01-02), and stream Football Manager on Twitch as BostonUnitedFM.

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Adam

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Re: The Quadrant for sale.
« Reply #6 on: October 05, 2016, 12:07:44 PM »
Err, weren't the Chestnuts always very clear that they would not be owning, building and operating all of the parts of the Quadrant themselves?

Looks like they're getting on with the process of selling on various sites where appropriate. Reassuring progress, so far as I can see.

green hats mate

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Re: The Quadrant for sale.
« Reply #7 on: October 05, 2016, 12:46:16 PM »
Can,t see housing plots for sale in the advert ,  am I missing something ?

Plots advertised are for commercial development . 

Pilgrim86

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Re: The Quadrant for sale.
« Reply #8 on: October 05, 2016, 01:08:22 PM »
http://media.rightmove.co.uk/162k/161417/56354707/161417_2005754_DOC_01_0000.pdf

The brochure... there is a section on commercial plots.

Could it be that the land would originally have been up for (long-term) leasing, but due to the loss of grant money it has been decided to cash in on the land by selling it?
I create YouTube videos (BUFC/FM/CM 01-02), and stream Football Manager on Twitch as BostonUnitedFM.

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AdyG

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Re: The Quadrant for sale.
« Reply #9 on: October 05, 2016, 05:40:19 PM »
I would imagine with brexit there'll be a decline in demand for housing, and house prices will go down.

Why???
Was all house building for foreign nationals?
By the same token were they driving house prices up??

I was thinking simply in terms of supply and demand, since 2001 population has increased at a much faster rate then house building, and to stop/slow increase in population while building extra housing stock in simple terms would lower demand/prices.

Although as alot of immigrants were/are often housed 4 to a room, 10+ to a house they possibly wouldnt have had a significent effect on house prices.  After looking at the size of the quadrant (Q1 i so only approx 1%?) of current housing stock, i would conclude its probably of little significance in reality. No need to worry :)

howmanynames2pick

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Re: The Quadrant for sale.
« Reply #10 on: October 05, 2016, 05:54:51 PM »
I would imagine with brexit there'll be a decline in demand for housing, and house prices will go down.

Why???
Was all house building for foreign nationals?
By the same token were they driving house prices up??



I was thinking simply in terms of supply and demand, since 2001 population has increased at a much faster rate then house building, and to stop/slow increase in population while building extra housing stock in simple terms would lower demand/prices.

Although as alot of immigrants were/are often housed 4 to a room, 10+ to a house they possibly wouldnt have had a significent effect on house prices.  After looking at the size of the quadrant (Q1 i so only approx 1%?) of current housing stock, i would conclude its probably of little significance in reality. No need to worry :)
a well thought out and concise answer Adyg :)
« Last Edit: October 05, 2016, 06:45:51 PM by howmanynames2pick »

Pete B

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Re: The Quadrant for sale.
« Reply #11 on: October 06, 2016, 08:26:58 AM »
Houses that are desperately needed, and yet the number of people squealing about the development was extraordinary. Where did they think the houses were going to be built? The North Sea?

artie

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Re: The Quadrant for sale.
« Reply #12 on: October 06, 2016, 08:38:55 AM »
The problem Pete was they were to be built close to their own houses.
If the Quadrant was the other side of town they wouldn't have said anything,
nimbyism at it's best.

Bostonshire

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Re: The Quadrant for sale.
« Reply #13 on: October 06, 2016, 10:29:35 PM »
The problem Pete was they were to be built close to their own houses.
If the Quadrant was the other side of town they wouldn't have said anything,
nimbyism at it's best.

The whole not in my back garden issue

Ed Kandi

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Re: The Quadrant for sale.
« Reply #14 on: October 07, 2016, 04:12:08 PM »
The problem Pete was they were to be built close to their own houses.
If the Quadrant was the other side of town they wouldn't have said anything,
nimbyism at it's best.

The whole not in my back garden issue

That would be nimbgism  :dan

Anyway the biggest nimby of them all has been whistling a well known Talking Heads song in the Municipal Building and smiling a lot apparently  ???