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Property Crisis Quotes

Quotes tagged as "property-crisis" Showing 1-7 of 7
“Boomers with any property at all have made fortunes selling their lawns, garages, driveways and spare plots to developers who are desperate to capitalise on the property boom and the younger generations desperate for somewhere to live.”
I.M. Millennial, A Year in Boomertown: A Memoir

“Short-term stays are a favourite Boomer investment strategy. It’s so easy to throw up a quick demountable at the edge of a driveway and then rent it out for an exorbitant nightly rate.”
I.M. Millennial, A Year in Boomertown: A Memoir

“Land is expensive,’ my mother says with a shrug. ‘We built most of our first house ourselves from a kit set. You should do the same. Or you could live in a caravan for a while.’
Like most people our age, we could live in a caravan for several years and still not afford to buy land in a location near where we could find work. And even if we were to buy land, new building regulations and ever stricter environmental laws make it near impossible for anyone to build a house themselves, let alone live in a caravan while doing so.
I know someone who tried living in a tiny home on her own land and lasted three months before the Boomer neighbours on each side of her property reported her to the council. She received a fine and was evicted from her own patch.
Whatever property ladder existed before has been long ago pulled up by the Boomers and the Trailers who trail behind them.”
I.M. Millennial, A Year in Boomertown: A Memoir

“Bailey, Ace and I continue to look for a place to live, and, it would seem, so is everyone else. In fact, word around Eden Perch is that a prosperous millennial woman from Boomer City has expressed interest in the scrubby lot that sits behind my parents’ home. According to my mother’s contact, the woman is not only interested in purchasing the land but also in building. With this revelation, the whole suburb is in an uproar. None of the other residents of Eden Perch want to buy the plot, but they don’t want anyone else to have it either. And now that someone else has shown interest, every objection comes crawling up to meet the challenge.”
I.M. Millennial, A Year in Boomertown: A Memoir

“I have a private bet with myself that real estate agents have a secret thesaurus they get with their license. It translates ‘disaster’ to ‘renovator’s dream’ and ‘hole’ to ‘opportunity.”
I.M. Millennial, A Year in Boomertown: A Memoir

“It’s especially galling to be the Millennial who’s expected to pay over decades of hard-won life savings and anything the bank will lend, for the privilege of buying a structure in need of a full renovation or rebuild. That is assuming, of course, that the local development authority agrees to take part in the pantomime.”
I.M. Millennial, A Year in Boomertown: A Memoir

Sree Krishna Seelam
“An unregistered property is like an unwritten will. Easily stolen, impossible to reclaim.”
Sree Krishna Seelam, Indian Property & Real Estate Law for A Common Man: Master basics of Property Law in 2 hours.