I’m currently living through my most stessful week of my life: About a year and a half ago, I bought a plot of land with the project of building a home there, inflation and loan rate kicked in, so I thought “alright let’s wait a bit see when it stabilizes”, this week I learned my plot is planned to be removed from the “buildable” area. If I don’t put a building permit to the city council before this is voted my land will basically see it’s value divided by 20 and I won’t be able to build a house there, I put 6 years of savings into this project… all because my gov decided that they didn’t want this area to be urbanised anymore.
I have trouble sleeping and working I can’t think of anything else, I also lost my appetite.
Thank you for the kind message. We are looking into these alternative options, they come with their own set of laws and stuff, we don’t really know yet what we can do.
This is happening to my father as well, although the city is doing the opposite: he can’t build a house on his property, he has to build a minimum of 40 apartments (it’s a 1/2 acre lot).
I’m currently living through my most stessful week of my life: About a year and a half ago, I bought a plot of land with the project of building a home there, inflation and loan rate kicked in, so I thought “alright let’s wait a bit see when it stabilizes”, this week I learned my plot is planned to be removed from the “buildable” area. If I don’t put a building permit to the city council before this is voted my land will basically see it’s value divided by 20 and I won’t be able to build a house there, I put 6 years of savings into this project… all because my gov decided that they didn’t want this area to be urbanised anymore.
I have trouble sleeping and working I can’t think of anything else, I also lost my appetite.
Oh no!
I’m guessing plopping a manufactured (mobile) or tiny home (shed) there wouldn’t tide you over…(?)
Good luck 🤞
Thank you for the kind message. We are looking into these alternative options, they come with their own set of laws and stuff, we don’t really know yet what we can do.
Actual nightmare situation
This is happening to my father as well, although the city is doing the opposite: he can’t build a house on his property, he has to build a minimum of 40 apartments (it’s a 1/2 acre lot).