Would you build a house in a Fishlake? It is good to see the overhead cables well above flood level, but some ground located sub-stations could be at risk from flooding.
People also buy because it is what they can afford and they get more house for their money by taking on some of the risk - not that they necessarily recognise that at the time.
Twenty years ago when looking for a larger house (which we eventually achieved through extending) we found several houses which were within our budget but they all had a reason for being cheap. One such had a smallish back garden and the other side of the garden fence was a road called the M25, another boasted unimpeded views over the Sussex countryside, which it no doubt still has since no houses have been built on the runway at Gatwick Airport.
Caveat Emptor is not just an empty phrase - if something seems a bargain then ask yourself "Why?"
People also buy because it is what they can afford and they get more house for their money by taking on some of the risk - not that they necessarily recognise that at the time.
Twenty years ago when looking for a larger house (which we eventually achieved through extending) we found several houses which were within our budget but they all had a reason for being cheap. One such had a smallish back garden and the other side of the garden fence was a road called the M25, another boasted unimpeded views over the Sussex countryside, which it no doubt still has since no houses have been built on the runway at Gatwick Airport.
Caveat Emptor is not just an empty phrase - if something seems a bargain then ask yourself "Why?"
