Tricky subject the credit crunch, what the hell does it mean? everyone talks about a downturn or a slowdown as if the world has ended.
In the world of Architecture our workload tends to reflect that of the building trade - if they slow, so do we! There will be an inevitable impact on my business, given the depth of the current crisis and perhaps a long lasting impact on how the housing market operates in the UK. What I do see happening is an increased awareness of the possibility of extending or altering houses, people are thinking 'If my house value is dropping, I'm staying put'. Despite the gloom, I see this as having a longer term positive impact on how we consider our houses.
For too long, the only consideration owners had for their houses was the market value. Fed stories of rising prices by the press and television, we forgot that the main 'value' in our houses is in the utility they provide us. They give us places to sleep, eat, laugh, relax and love. A house should be a long term concern and not just a vehicle for turning a quick buck.
Extending your house, converting a loft or a garage or simply making better use of the space you have is a far better way of 'up scaling' than moving. I say, ride the troughs as well as the peaks, enjoy your house, don't be afraid to change it !!!
As for me? we will continue to offer high quality design advice to our domestic clients and we relish the challenge of creating innovative buildings in a tough market.
room architects
In the world of Architecture our workload tends to reflect that of the building trade - if they slow, so do we! There will be an inevitable impact on my business, given the depth of the current crisis and perhaps a long lasting impact on how the housing market operates in the UK. What I do see happening is an increased awareness of the possibility of extending or altering houses, people are thinking 'If my house value is dropping, I'm staying put'. Despite the gloom, I see this as having a longer term positive impact on how we consider our houses.
For too long, the only consideration owners had for their houses was the market value. Fed stories of rising prices by the press and television, we forgot that the main 'value' in our houses is in the utility they provide us. They give us places to sleep, eat, laugh, relax and love. A house should be a long term concern and not just a vehicle for turning a quick buck.
Extending your house, converting a loft or a garage or simply making better use of the space you have is a far better way of 'up scaling' than moving. I say, ride the troughs as well as the peaks, enjoy your house, don't be afraid to change it !!!
As for me? we will continue to offer high quality design advice to our domestic clients and we relish the challenge of creating innovative buildings in a tough market.
room architects
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