{"id":147881,"date":"2024-10-29T17:00:06","date_gmt":"2024-10-29T10:00:06","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rot-romance-and-renovations-the-reality-of-buying-a-cheap-old-house-on-instagram\/"},"modified":"2024-10-29T17:23:12","modified_gmt":"2024-10-29T10:23:12","slug":"rot-romance-and-renovations-the-reality-of-buying-a-cheap-old-house-on-instagram","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rot-romance-and-renovations-the-reality-of-buying-a-cheap-old-house-on-instagram\/","title":{"rendered":"Rot, romance and renovations: the reality of buying a cheap old house on Instagram"},"content":{"rendered":"


\nFrom Germany to Japan, people are buying up draughty churches, leaky hotels and asbestos-filled schools for peanuts and turning them into dream homes. They can be as big as 40,000 sq ft \u2013 but are they always a great deal?There\u2019s an Italian farmhouse on the Cheap Houses EU Instagram account that I have my eye on. It has red shutters, stone brickwork and a chicken coop out the back, and while the 1970s interiors are straight out of a horror film, for \u20ac65,000 \u2013 the price of a deposit on a one-bedroom flat in London \u2013 it has potential.Instagram is full of escapist accounts like this. The largest, with nearly 3 million followers, is Cheap Old Houses, which features historic properties in far-flung parts of America and Europe being sold for less than $100,000. It\u2019s run by Elizabeth Finkelstein, a historic preservationist, and her husband Ethan, who works in digital marketing, who relocated from Brooklyn to upstate New York to a soon-to-be-demolished 18th-century house they bought for $70,000. They want to show that home ownership is possible if you\u2019re willing to get creative with the old and unorthodox: a church, a fishing depot or a historic home in need of restoring to its former glory, in deindustrialised communities in rust-belt America and depopulated regions of rural France and Spain. \u201cThe average home price in America is almost half a million dollars right now,\u201d says Elizabeth. \u201cWe felt that this was a solution \u2013 sort of a hack to the system \u2013 to get people in the door, but also to save beautiful old houses.\u201d Continue reading…
\n
\nSource : theguardian.com
\nRead more…Rot, romance and renovations: the reality of buying a cheap old house on Instagram<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

From Germany to Japan, people are buying up draughty churches, leaky hotels and asbestos-filled schools...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-147881","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Ctb","jetpack-related-posts":[{"id":134402,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exorbitant-house-prices-dont-just-hurt-the-young-they-are-a-blight-on-all-our-lives-will-hutton\/","url_meta":{"origin":147881,"position":0},"title":"Exorbitant house prices don\u2019t just hurt the young. They are a blight on all our lives | Will Hutton","date":"February 5, 2023","format":false,"excerpt":"\r Steps to change an unfair landscape include ending right to buy, taxing residential property at today\u2019s prices and building vital social housing\u201cHousing policy is killing British civilisation,\u201d said my interlocutor. \u201cRight to buy has been a social catastrophe, making today\u2019s generation pay for the earlier generation\u2019s bonanza of buying\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-younger-people-cant-buy-a-house-money-became-too-cheap-dominic-frisby\/","url_meta":{"origin":147881,"position":1},"title":"Why younger people can\u2019t buy a house: money became too cheap | Dominic Frisby","date":"April 12, 2016","format":false,"excerpt":"\r Onerous planning regulations and cheap debt pushed house prices into the stratosphere \u2013 and it\u2019s in the interests of the political elite to keep them thereHouse prices have risen by 10% in the last year, the Halifax announced last week. Whoopeedoo. What that means is that the intergenerational wealth\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10056,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-guardian-schemes-are-a-cheap-way-to-rent-a-home-with-character-but-you-wont-stay-long\/","url_meta":{"origin":147881,"position":2},"title":"Property guardian schemes are a cheap way to rent a home with character. But you won't stay long","date":"January 10, 2010","format":false,"excerpt":"\r 'Property guardians' can save a packet by moving into vacant buildings but they can't expect any security themselvesIn an age of housing shortages, unaffordable prices and sky-high rents, paying just \u00a350 a week to live in a character home may seem a dream. But for Andy Fairclough, and hundreds\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-coronavirus-see-prada-tissot-make-way-for-cheap-phone-store-on-worlds-most-expensive-shopping-street\/","url_meta":{"origin":147881,"position":3},"title":"Hong Kong protests, coronavirus see Prada, Tissot make way for cheap phone store on world\u2019s most expensive shopping street","date":"June 17, 2020","format":false,"excerpt":"\r For years it was the world\u2019s most expensive shopping street, overshadowing anything Paris or London had to offer, its pavements brimming with shoppers hunting for Prada bags, Chanel perfumes and Blancpain watches.But Russell Street, in Hong Kong\u2019s bustling Causeway Bay, has lost its lustre \u2013 and a lot of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139024,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japans-old-abandoned-houses-or-akiya-draw-foreign-buyers-looking-for-a-bargain-holiday-home-to-let\/","url_meta":{"origin":147881,"position":4},"title":"Japan\u2019s old abandoned houses, or akiya, draw foreign buyers looking for a bargain holiday home to let","date":"September 3, 2023","format":false,"excerpt":"\r Lying vacant in mainly rural areas, Japan\u2019s 8 million or so akiya can often be snapped up for a fraction of the price of a new or lived-in property in a housing market that is already cheap compared to many others in the region.\r \r Source : South China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140054,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/greater-bay-area-property-hong-kong-retirees-look-to-buy-homes-north-of-the-border-amid-cheap-yuan-policy-support\/","url_meta":{"origin":147881,"position":5},"title":"Greater Bay Area property: Hong Kong retirees look to buy homes north of the border amid cheap yuan, policy support","date":"October 29, 2023","format":false,"excerpt":"\r Since the border reopened, Hongkongers, particularly retirees, have started to think once again about buying property in the bay area, say analysts. The falling yuan and a slew of measures to boost the market are making the prospect more attractive.\r \r Source : South China Morning Post\r Read more...Greater\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147881"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=147881"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147881\/revisions"}],"predecessor-version":[{"id":147882,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147881\/revisions\/147882"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=147881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=147881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=147881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}