By that time most people know that the big reason behind the financial crisis these days, is the way the real estate sector moved. Prices skyrocketed and people had to pay more and more to own one. If last year many houses were worth £250,000 in the UK, they’re now being auctioned off for some £100,000 because banks are desperately trying to minimize their loses after clients failed to pay for their mortgages and have been kicked out.
Just a few examples to make sure you got the point, a three-bedroom flat in a council block in Brixton was sold for £79,000, a two-bedroom flat with two bathrooms and two balconies in a gated development with communal gardens in Abbey Wood sold for £96,000 while a one-bedroom flat in a stylish block of flats in Lordship Lane, sold for some £100,000.
Call these bargains or not, the housing market is still feeling the crunch. At the moment, auctions are the only marketplace that working these days to buy/sell properties. – via DailyMail
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Deck house is a project made by Felipe Assadi & Francisca Pulido. The project starts having in mind a deck of wood. Over this platform would be incorporated the different areas of the house. Nevertheless, the resources were exclusively aimed at this terrace, and the interior space was enough only for a large living area incorporated to this terrace. It was decided, therefore, to assign almost all of these resources to resolve the housing based on two main components: a deck and a living area, being this later one capable of absorbing the kitchen, the dinning room, and even the master bedroom. Additionally, considering that in a summer holiday house dormitories are only used to sleep, it was decided to eliminate this concept, changing it for “a group sleeping area at which the space aimed at dormitories almost fully disappears from the project. Read more on Felipeassadi about this project.
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