That’s dire. Where are they going to live? What can they do?
Landlords will sell which at first thought would be good for first time buyers, more houses on the market becomes a buyers market
But banks are buying up homes, they will hold a monopoly abs be able to set rental prices.
Rent slavery for all, bad times
Trust me, there will be riots about all this soon!
When the weather gets better and we can spend long hours outside.
Housing market is being propped up, only a matter of time before it crumbles
Hmmm I’m no expert but I don’t think the economy is working properly…
Yeah got Bulb’s price increase email and knew it was coming but just looks fucking brutal written down
Kick this useless, self serving, government out, and occupy the streets until we get a quality of government that is worthy of the people.
We’ve spoken to a few mortgage brokers recently. Likely our mortgage will be £100-200 per month *less* than we’re currently paying in rent. Fronting a chunky deposit (2 years worth of rent), but the notion we can own for a smaller monthly outgoing is bizarre. Interest rates could be in the teens before we’re in trouble.
The system is broken.
With landlords probably set to raise rents even more once their current clients are evicted in many cases. They will find anyone who can pay and drain them for all they are worth, repeating the process ad nauseum because the government is not going to stop them any time soon.
And our shitty government will do fuck all about it any of it
The era of cheap, abundent energy is coming to an end, and the impacts will ripple through the rest of the global economy.
The World is simply running out of easily accessible energy sources. It’s creating inflation, driving corruption, and leading to war.
A lot of most accessible supplies of fuels are becoming physically exhausted, with the remaining supplies becoming increasingly restricted because of geopolitics.
The West will be weak to Russian influence for as long as we rely on their gas supplies.
We must prioritise going green, and delivering energy security.
This is going to end up like it was when my grandparents were renting back in the early 1900’s. I’m 64 and both my sets of grandparents were living in overcrowded near slums with high mortality rates and illness due to low quality housing, not enough food and poor health care. I said a good 10 years ago I could see this coming back where people would end up back in mouldy homes falling apart because there was nowhere else affordable to rent, and family’s or near sttangers having to share with eachother. It’s a wonder they haven’t thought about bringing back the work houses. I got berated on here for having the nerve to have grown up in a council high-rise flat. Apparently I shouldn’t have had one because that person couldn’t get one now or buy a house, even though my parents were moved into them when the slums they lived in were being cleared. Can anyone figure that one out?
11 comments
That’s dire. Where are they going to live? What can they do?
Landlords will sell which at first thought would be good for first time buyers, more houses on the market becomes a buyers market
But banks are buying up homes, they will hold a monopoly abs be able to set rental prices.
Rent slavery for all, bad times
Trust me, there will be riots about all this soon!
When the weather gets better and we can spend long hours outside.
Housing market is being propped up, only a matter of time before it crumbles
Hmmm I’m no expert but I don’t think the economy is working properly…
Yeah got Bulb’s price increase email and knew it was coming but just looks fucking brutal written down
Kick this useless, self serving, government out, and occupy the streets until we get a quality of government that is worthy of the people.
We’ve spoken to a few mortgage brokers recently. Likely our mortgage will be £100-200 per month *less* than we’re currently paying in rent. Fronting a chunky deposit (2 years worth of rent), but the notion we can own for a smaller monthly outgoing is bizarre. Interest rates could be in the teens before we’re in trouble.
The system is broken.
With landlords probably set to raise rents even more once their current clients are evicted in many cases. They will find anyone who can pay and drain them for all they are worth, repeating the process ad nauseum because the government is not going to stop them any time soon.
And our shitty government will do fuck all about it any of it
The era of cheap, abundent energy is coming to an end, and the impacts will ripple through the rest of the global economy.
The World is simply running out of easily accessible energy sources. It’s creating inflation, driving corruption, and leading to war.
A lot of most accessible supplies of fuels are becoming physically exhausted, with the remaining supplies becoming increasingly restricted because of geopolitics.
The West will be weak to Russian influence for as long as we rely on their gas supplies.
We must prioritise going green, and delivering energy security.
This is going to end up like it was when my grandparents were renting back in the early 1900’s. I’m 64 and both my sets of grandparents were living in overcrowded near slums with high mortality rates and illness due to low quality housing, not enough food and poor health care. I said a good 10 years ago I could see this coming back where people would end up back in mouldy homes falling apart because there was nowhere else affordable to rent, and family’s or near sttangers having to share with eachother. It’s a wonder they haven’t thought about bringing back the work houses. I got berated on here for having the nerve to have grown up in a council high-rise flat. Apparently I shouldn’t have had one because that person couldn’t get one now or buy a house, even though my parents were moved into them when the slums they lived in were being cleared. Can anyone figure that one out?