“You’ve never had it so good” says smug shit in the government
Notice how the conversation isn’t ‘we need to increase the value of labour so people can afford the rise in cost of living and property’. The conversation is ‘lets give people free money for bills and build more houses to decrease the value of property so they can afford it on the salary they already have’. Genuinely mental.
People with multiple homes make up the bulk of MP’s, we’ll never see rent controls without a major revolution
There are a lot of vested interests trying to parrot the idea that “rent controls don’t work”, pretending it comes from some sort of compassionate or left wing perspective.
**Rent controls absolutely do work.** In places like Vienna and Berlin you see world-leading conditions for renters *because* of rent controls. The policy doesn’t exist in a vacuum of course, so it needs a multi-pronged approach.
>The Vienna model combines aggressive, state driven construction of public housing with strict controls on rent in order to discourage property speculation. Low rents alongside abundant greenery and a cheap, effective public transport system means Vienna has regularly topped the world’s most livable cities rankings.
As rents spiral out of control Britain’s media will be flooded with articles trying to delegitimise the case for rent controls by those with a vested interest in protecting their investments, so it’s important to be armed with arguments against those positions.
**tldr version:**
* **rent controls make rent affordable for normal working people**
* **rent controls remove the demand for buy to let landlords to get involved in the property market. In Vienna it created a mass exodus of landlords from the housing economy, meaning millions of homes were freed up for people to live in**
* **this also helps reduce house prices, naturalising them down from their inflated position**
* **the state can then buy up some of these houses to help re-fill the stock of social/council housing that’s only for living, not for speculation/profit**
* **neoliberals will argue that removing the demand for housing from landlords will mean less housing is built by the private sector, making the problem worse – but this idea pretends the government can’t drive house building – the government can simply pickup the slack from the private sector, as happens across Europe.**
Stay armed with information and you can counter the arguments that will spread like wildfire through a media ecosystem that’s dominated by those with vested interests in property.
*Land is a precious community asset* and policies like rent controls, combined with government investment in housing, help that become a reality.
Its a comfort to know that a multimillionaire Chancellor “understands your concerns”…. and will go on to do absolutely NOTHING !!!
They won’t do this.
Despite being told by my estate agents that the landlord doesn’t want to fix problems in my flat, such as windows about to come in, I got an email from them to say that rent is going up 10%.
Not a single thing done to improve the place in 3 years yet my rent has gone up nearly 20% total in that time.
It’s an embarrassment that so many of us work relentlessly just to have a roof over the head and the small amount of spare cash we have is looked at as money that should belong to “those that have” instead
The market is incredibly competitive ATM with people finding it hard to find anywhere to rent never mind affordable places, rent controls would just make it even harder to find places. Rent controls would also make new construction projects less attractive. Unless you address the supply of housing I don’t see anything truly solving the issue.
Rent controls! Under a Tory government? Are you out of your mind?
If you want rent controls you’re going to have to vote as if your life depended on it. Drag everyone you know out to vote for any party except the Tories. These cunts have got to go, they are toxic.
I’m looking at leaving the UK to live in Japan and part of that process will be renting out my current house that I have a mortgage for.
I am 100% for Government Issued Rent Controls.
My plan is to make the rental price enough to cover my mortgae, the letting agency fees, and a slight bugffer to fix what breaks. Looking at my area, that number would be about 30% less than what everyone else seems to want for their property.
I am shocked with how much some people are charging for rent and something should be done soon.
The richest MP won’t anger the other Tory MPs by introducing something like that would he?
No they don’t. Stop platforming science deniers. The failure of rent control is as close to a universal consensus as you’re going to get in economics.
How on earth do you implement fair rent controls? While I would agree that rent is too high, so is the underlying property prices. Not all landlords are multiple home owners or companies investing in property.
> The Chancellor Rishi Sunak called this period a “very difficult time”
Not for him it’s not. Words cannot express my contempt for this disingenuous cunt.
Ive never seen something more agreed on by economist of all political sides then the fact rent controls are absolutely stupid.
I’m an estate agent, and if we don’t get the biggest rent increase possible, we’re not doing our jobs properly. There are already rules in place, but they’re very difficult to enforce. Serious reforms are needed.
“Bring back rent controls” Wait… So at one point we DID have rent controls and relinquished them!?
Or just tax property income such that it’s less profitable than an index fund?
As discussed before all we have to do is stop paying for Netflix and Amazon prime and coffee and you can afford it……duh…!
Not really. Rent increases benefit like 5 people, we need to build more houses. That’s it.
Whole lot of arguing from people here and not a whole lot of evidence being provided. Curious.
Rent controls are bad policy and have been shown not to work. What we need are restrictions on multiple home ownership by corporate landlords (including funds), offshore companies, and LTD companies.
The case against is that they don’t work. They’re a nightmare. They cut supply. They punish young people. They cause huge corruption and black markets. They worsen quality of housing and encourage slums. They’re generally unworkable. The encourage landlords to use other factors (like skin colour) to choose tenants.
Just fucking build some housing, and stop subsidizing people to sit alone in houses they don’t need.
I agree that there is a place for rent control, especially for ongoing rental contracts. But restricting rent of new built places can easily cause a reduced supply and make the housing shortage worse. I have seen both sides of it.
Rent controls are bad policy and have been shown not to work. https://freakonomics.com/podcast/why-rent-control-doesnt-work/ What we need are restrictions on multiple home ownership by corporate landlords (including funds), offshore companies, and UK based LTD companies.
We should tax buildings which have been empty for 6 months at a much higher rate. Both commercial and residential. Commercial let’s are valued based on a multiple of their rent, which is why shops will often sit empty for long periods of time. The landlord won’t want to write down the value of the property, as it’ll affect their mortgage (high gearing). This will improve the high street, and increase the amount of property on the market as it will be a disincentive foreign buyers from using british property as a store for their capital, without making it available to the public.
We also need much higher building standards to be brought in, whilst also encouraging house building to be profitable by reducing NIMBY barriers. It wouldn’t be a bad thing for a government run company to be set up to address this. It would be able to provide skills training/apprenticeships, and should be better placed to tackle the housing shortage from a national strategic perspective than private companies. This company would also be expected to sell houses for a profit, but take on debt to grow its operations and footprint.
Tories are landlords they ain’t gonna cap their income
I own my home and energy/heating/inflation is still ass fucking me. Honestly baffles me how renters are surviving since thats usually more than mortgage repayments.
My landlord has put my rent up 3 years in a row which is a joke. They expect you to pay the increases but can’t come round to fix issues with the house, like a broken boiler in winter when you have a newborn. Fuck this government.
It won’t happen. Half of the Tories are landlords/ladies so you got more chance of seeing a Penguin walking down the street in Australia.
We should have had proper rent controls put in place when ‘Right to Buy’ was introduced, and the Tories devastated the housing stock. Being the Tories though, they just said that the free market would regulate itself; the free market, LMFAO!!
Or affordable housing. How much social housing have conservatives built so far? Didn’t they promise to build half a mil years ago and failed to build any for half a decade after?
Like how it’s changed to “bringing back” rather than ermagherd communism!!!
If the Tories do rent control, you can be sure no one can afford to rent anymore…
Yesterday I saw a studio apartment which was basically a bedroom that had a table in the corner with a microwave and kettle on it for £800 before bills
How is anyone who is single, earns the national average ever supposed to afford to rent? If you don’t have rich parents to support or house you while you get a deposit or a partner to waste money with renting a shithole somewhere, how are you able to get by? Add onto that the increasing bills, cost of living and this is assuming you simply walk everywhere you’re near enough left with nothing at the end of every month
Or, perhaps, not penalising landlords so they enter the market and increase the rental stock.
every penny paid to the cancer known as landlords, is a penny that residents cant spend on their local highstreet.
but every penny spent on the highstreet isnt feeding the property ponzi scheme that is driving working people into poverty while graftlords roll in profit.
35 comments
“You’ve never had it so good” says smug shit in the government
Notice how the conversation isn’t ‘we need to increase the value of labour so people can afford the rise in cost of living and property’. The conversation is ‘lets give people free money for bills and build more houses to decrease the value of property so they can afford it on the salary they already have’. Genuinely mental.
People with multiple homes make up the bulk of MP’s, we’ll never see rent controls without a major revolution
There are a lot of vested interests trying to parrot the idea that “rent controls don’t work”, pretending it comes from some sort of compassionate or left wing perspective.
**Rent controls absolutely do work.** In places like Vienna and Berlin you see world-leading conditions for renters *because* of rent controls. The policy doesn’t exist in a vacuum of course, so it needs a multi-pronged approach.
>The Vienna model combines aggressive, state driven construction of public housing with strict controls on rent in order to discourage property speculation. Low rents alongside abundant greenery and a cheap, effective public transport system means Vienna has regularly topped the world’s most livable cities rankings.
This article goes into detail as to how successful rent control policies can operate:
https://medium.com/@Truthvanguard/in-vienna-strict-rent-controls-alongside-public-housing-investment-provides-a-renters-utopia-817f505755a3
As rents spiral out of control Britain’s media will be flooded with articles trying to delegitimise the case for rent controls by those with a vested interest in protecting their investments, so it’s important to be armed with arguments against those positions.
**tldr version:**
* **rent controls make rent affordable for normal working people**
* **rent controls remove the demand for buy to let landlords to get involved in the property market. In Vienna it created a mass exodus of landlords from the housing economy, meaning millions of homes were freed up for people to live in**
* **this also helps reduce house prices, naturalising them down from their inflated position**
* **the state can then buy up some of these houses to help re-fill the stock of social/council housing that’s only for living, not for speculation/profit**
* **neoliberals will argue that removing the demand for housing from landlords will mean less housing is built by the private sector, making the problem worse – but this idea pretends the government can’t drive house building – the government can simply pickup the slack from the private sector, as happens across Europe.**
Stay armed with information and you can counter the arguments that will spread like wildfire through a media ecosystem that’s dominated by those with vested interests in property.
*Land is a precious community asset* and policies like rent controls, combined with government investment in housing, help that become a reality.
Its a comfort to know that a multimillionaire Chancellor “understands your concerns”…. and will go on to do absolutely NOTHING !!!
They won’t do this.
Despite being told by my estate agents that the landlord doesn’t want to fix problems in my flat, such as windows about to come in, I got an email from them to say that rent is going up 10%.
Not a single thing done to improve the place in 3 years yet my rent has gone up nearly 20% total in that time.
It’s an embarrassment that so many of us work relentlessly just to have a roof over the head and the small amount of spare cash we have is looked at as money that should belong to “those that have” instead
The market is incredibly competitive ATM with people finding it hard to find anywhere to rent never mind affordable places, rent controls would just make it even harder to find places. Rent controls would also make new construction projects less attractive. Unless you address the supply of housing I don’t see anything truly solving the issue.
Rent controls! Under a Tory government? Are you out of your mind?
If you want rent controls you’re going to have to vote as if your life depended on it. Drag everyone you know out to vote for any party except the Tories. These cunts have got to go, they are toxic.
I’m looking at leaving the UK to live in Japan and part of that process will be renting out my current house that I have a mortgage for.
I am 100% for Government Issued Rent Controls.
My plan is to make the rental price enough to cover my mortgae, the letting agency fees, and a slight bugffer to fix what breaks. Looking at my area, that number would be about 30% less than what everyone else seems to want for their property.
I am shocked with how much some people are charging for rent and something should be done soon.
The richest MP won’t anger the other Tory MPs by introducing something like that would he?
No they don’t. Stop platforming science deniers. The failure of rent control is as close to a universal consensus as you’re going to get in economics.
How on earth do you implement fair rent controls? While I would agree that rent is too high, so is the underlying property prices. Not all landlords are multiple home owners or companies investing in property.
> The Chancellor Rishi Sunak called this period a “very difficult time”
Not for him it’s not. Words cannot express my contempt for this disingenuous cunt.
Ive never seen something more agreed on by economist of all political sides then the fact rent controls are absolutely stupid.
I’m an estate agent, and if we don’t get the biggest rent increase possible, we’re not doing our jobs properly. There are already rules in place, but they’re very difficult to enforce. Serious reforms are needed.
“Bring back rent controls” Wait… So at one point we DID have rent controls and relinquished them!?
Or just tax property income such that it’s less profitable than an index fund?
As discussed before all we have to do is stop paying for Netflix and Amazon prime and coffee and you can afford it……duh…!
Not really. Rent increases benefit like 5 people, we need to build more houses. That’s it.
Whole lot of arguing from people here and not a whole lot of evidence being provided. Curious.
Rent controls are bad policy and have been shown not to work. What we need are restrictions on multiple home ownership by corporate landlords (including funds), offshore companies, and LTD companies.
The case against is that they don’t work. They’re a nightmare. They cut supply. They punish young people. They cause huge corruption and black markets. They worsen quality of housing and encourage slums. They’re generally unworkable. The encourage landlords to use other factors (like skin colour) to choose tenants.
Just fucking build some housing, and stop subsidizing people to sit alone in houses they don’t need.
I agree that there is a place for rent control, especially for ongoing rental contracts. But restricting rent of new built places can easily cause a reduced supply and make the housing shortage worse. I have seen both sides of it.
Rent controls are bad policy and have been shown not to work. https://freakonomics.com/podcast/why-rent-control-doesnt-work/ What we need are restrictions on multiple home ownership by corporate landlords (including funds), offshore companies, and UK based LTD companies.
We should tax buildings which have been empty for 6 months at a much higher rate. Both commercial and residential. Commercial let’s are valued based on a multiple of their rent, which is why shops will often sit empty for long periods of time. The landlord won’t want to write down the value of the property, as it’ll affect their mortgage (high gearing). This will improve the high street, and increase the amount of property on the market as it will be a disincentive foreign buyers from using british property as a store for their capital, without making it available to the public.
We also need much higher building standards to be brought in, whilst also encouraging house building to be profitable by reducing NIMBY barriers. It wouldn’t be a bad thing for a government run company to be set up to address this. It would be able to provide skills training/apprenticeships, and should be better placed to tackle the housing shortage from a national strategic perspective than private companies. This company would also be expected to sell houses for a profit, but take on debt to grow its operations and footprint.
Tories are landlords they ain’t gonna cap their income
I own my home and energy/heating/inflation is still ass fucking me. Honestly baffles me how renters are surviving since thats usually more than mortgage repayments.
My landlord has put my rent up 3 years in a row which is a joke. They expect you to pay the increases but can’t come round to fix issues with the house, like a broken boiler in winter when you have a newborn. Fuck this government.
It won’t happen. Half of the Tories are landlords/ladies so you got more chance of seeing a Penguin walking down the street in Australia.
We should have had proper rent controls put in place when ‘Right to Buy’ was introduced, and the Tories devastated the housing stock. Being the Tories though, they just said that the free market would regulate itself; the free market, LMFAO!!
Or affordable housing. How much social housing have conservatives built so far? Didn’t they promise to build half a mil years ago and failed to build any for half a decade after?
Like how it’s changed to “bringing back” rather than ermagherd communism!!!
If the Tories do rent control, you can be sure no one can afford to rent anymore…
Yesterday I saw a studio apartment which was basically a bedroom that had a table in the corner with a microwave and kettle on it for £800 before bills
How is anyone who is single, earns the national average ever supposed to afford to rent? If you don’t have rich parents to support or house you while you get a deposit or a partner to waste money with renting a shithole somewhere, how are you able to get by? Add onto that the increasing bills, cost of living and this is assuming you simply walk everywhere you’re near enough left with nothing at the end of every month
Or, perhaps, not penalising landlords so they enter the market and increase the rental stock.
every penny paid to the cancer known as landlords, is a penny that residents cant spend on their local highstreet.
but every penny spent on the highstreet isnt feeding the property ponzi scheme that is driving working people into poverty while graftlords roll in profit.