*I agree that there's a market and everyone has different tastes... but I'd argue that it makes sense to buy a modern house/new build if you like that kind of look.
I think it's a real shame to buy a historic/characterful property only to erase all trace...*
Well the problem is most new builds are in estates/suburbia - the kind of places you have to drive everywhere from. And are also surrounded by other identical new builds. Also when you buy them you get what the developer designed.
Plenty of people want to live in central places where they can walk places. They want to live in a house which is exactly as they want, not designed by some developer. And even if its 'modern souless trash' as many poster on here seem to think, many people still want their house to be unique/put their own special touches on it.
I completely understand why someone would buy an older property, with the footprint they want, in the actual location they want, that they get to design themselves. Rather than a new build property that was designed by someone else and isn't in their ideal location.
To be honest I think a lot of MN are really very snobby and precious about these kind of things. Let people have the houses they want. As long as it doesn't directly affect you (and by that i mean overlooking your property/blocking your light) live and let live. People are allowed different tastes to you and you're not 'better' or 'more educated' for preferring older styles of houses.