Quote:
Originally Posted by Hugh
That's the challenge we will have in around 10 years or so if we decide to downsize - we would want to stay in the same area, and it seems all the bungalows are being bought, knocked down, and a four or five bedroomed house being built on the land.
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Brought this issue up with a family member he is an accountant and works for a company who provides housing for vulnerable people.
Anyway he pointed out to me that one bed flat's or bungalows are less profitable than say 2 or 3 bed houses, because for 1 bed flats you have a kitchen, bathroom and living room allocated to each bedroom, whilst you can add a 2nd or 3rd bedroom as a house and still only the one living room, bathroom etc. The company he works for puts all single people in hostels or bedsits unless they single women with children who came from an abusive relationship, they tend to get given the very hard to get single bed flats/bungalows for the good of the child.
This is also a reason why councils have under occupancy issues, they had empty 2/3 bed properties and massive waiting lists of single people so allocated these properties but now those people got affected by the bedroom tax with nowhere to move them to.