Jesus fucking wept for these money grabbing bastards. My sympathy for an industry which has robbed the country of affordable housing is extremely lacking.
[removed]
How’s the British Tiny Violin Manufacturing industry? Booming?
It’s a complicated issue. As usual they have selected a landlord who is most “sympathetic” being a student landlord in a debate about evicting tenants on a no-fault basis. No one believes that they are the target of this.
Sadly Landlords have taken advantage of the way the law was written for too long. Many would get people in for 6 -12 months and then wouldn’t extend the contract because it suited their purpose to be able to use the threat of eviction as a way to negotiate a rent rise.
Whether this is the best solution? I’m not sure as feels like the pendulum has swung too far the other way. However something needed to be done as the current system wasn’t working.
>In the year to date – statistics that will not yet reflect any impact from the White Paper – **landlords have accounted for more than one in six property sales in the country**.
Good, housing shouldn’t be commoditised.
Never catch me feeling even an ounce of pity for a fucking landlord. Soulless bastards.
Good, let them go out of business. The article is behind a pay wall, but no doubt it is about the plight of the modern day hoarder of wealth.
This is an industry that adds absolutely nothing of value to the economy and the sooner it dies a death the better.
There’s an awful lot to be read between the lines of this guys comments.
I’m guessing that his properties are both vastly overpriced and poorly maintained, and that to rent to locals instead of students he would have to actually put some effort and money into them – as well as lowering the rental fees to reasonable levels. Instead of this, he’s now selling these properties at a time where the property bubble is arguably at its biggest – and somehow wants sympathy for it?
What complete and utter bullshit; exactly what I’d expect from the Telegraph.
Don’t you just fucking hate the telegraph? Cry me a fucking river.
Waiting for somebody to go “What about my poor nan who rents out her flat while she’s in the nursing home??” and I’m sorry for your nan but she’s one woman while there are many millions of private tenants suffering from bad landlords and lack of regulation.
Being a Landlord is different to what it has turned into, people with money, grabbing any and all properties, and doubling the rent to make as much profit as possible.
‘I can’t believe a Tory government is driving me out of business, they should be helping me con these poor working class cunts out of all their money”
FTFY.
Landlords are the only investors who think there’s no risk involved.
[removed]
This is an amazing spin. We ought to be discussing how the buy to let generation betrayed the British people by forcing people to live in abhorrent conditions, charging exorbitant rents, and destroying any chance they had of becoming property owners.
They are free to fuck off.
We need to build more damn council housing again.
I reckon it’s fine for private individuals to be in the business of providing housing for others, but they cannot be sitting on both an income stream and capital growth asset to the extent that landlords seem to have gone bully for it. You’re running a business and investments carry risk too. So it’s going to be regulated and it’s going to be taxed. A business involved in providing an essential human need, shelter, is going to be regulated heavily, and nor should something like section 21 no-faults be able to chuck people out from homes they may have lived in for years on two months notice, that’s cruel.
The real kicker, and I can’t wait, is when all the landlords who are leveraged to fuck because they remortgaged their portfolio with cheep mortgages are forced to sell their properties. They will either have to sell them for really cheap, or pay a CGT that they can’t afford because it’s higher than their LTV. Awww boo hoo.
I am crying for this man, but the tears are laughter
“The value of an investment may go down as well as up”
Business? Landlord? Mate being a landlord is not a business it’s collecting sponsored welfare payments.
Imagine how dope putting landlords out of business would be
And herein lies the problem. Housing being seen as a “business”.
Lmao, could we betray landlord a bit faster and harder please?
´Waaaa wzaaa waaa my fake job getting other people to pay my mortgage for basically living in accommodation hasn’t worked out now I might actually have to WORK for a living instead ‘
Rent seeking adds nothing to do the economy. It only adds huge inefficiencies as people providing no productvity leach money off the workers. Those workers now have less money for the economy.
Have they considered pulling themselves up by their bootstraps and getting a real job?
Best cancel their Netflix subscription and put those avacados back.
“But after more than a decade of repeated interventions by Conservative Chancellors, landlords have become overtaxed, over-regulated and increasingly likely to give up altogether.”
Awwwww the poor little babies have to pay taxes on their passive income that they do absolutely nothing to earn? That they only got because they won the birth lottery?
They are being regulated so they don’t bleed poor people dry? How sad.
Cry me a fucking river.
Why do so many landlords & land ladies lack morals 🤨, they want to charge an arm, leg, lungs and more so they can live a rich life 🙄. It has gotten to the point where landlords refuse to meet tenants in the middle when it comes to the cost of living & the housing crisis, in a sad way I’m a bit happy landlords are also suffering too (just like tenants have…for a long time now).
Let the landlords cry wolf.
Good. Maybe people can afford housing again. A home should be a basic human right, not a commodity. In my view people amd private corporations shouldn’t be allowed to let more than 1 residential property at a time.
Fuck landlords.
It’s time to regulate property.
Homes should be for living in, not investing.
Make it more appealing to invest money elsewhere that isn’t in property.
The main complaint of the guy in the article (who owns 37 properties) is that he can’t kick us tenants out each year and Jack up the prices
34 comments
Non-paywall link:
https://archive.ph/mRTzI
Jesus fucking wept for these money grabbing bastards. My sympathy for an industry which has robbed the country of affordable housing is extremely lacking.
[removed]
How’s the British Tiny Violin Manufacturing industry? Booming?
It’s a complicated issue. As usual they have selected a landlord who is most “sympathetic” being a student landlord in a debate about evicting tenants on a no-fault basis. No one believes that they are the target of this.
Sadly Landlords have taken advantage of the way the law was written for too long. Many would get people in for 6 -12 months and then wouldn’t extend the contract because it suited their purpose to be able to use the threat of eviction as a way to negotiate a rent rise.
Whether this is the best solution? I’m not sure as feels like the pendulum has swung too far the other way. However something needed to be done as the current system wasn’t working.
>In the year to date – statistics that will not yet reflect any impact from the White Paper – **landlords have accounted for more than one in six property sales in the country**.
Good, housing shouldn’t be commoditised.
Never catch me feeling even an ounce of pity for a fucking landlord. Soulless bastards.
Good, let them go out of business. The article is behind a pay wall, but no doubt it is about the plight of the modern day hoarder of wealth.
This is an industry that adds absolutely nothing of value to the economy and the sooner it dies a death the better.
There’s an awful lot to be read between the lines of this guys comments.
I’m guessing that his properties are both vastly overpriced and poorly maintained, and that to rent to locals instead of students he would have to actually put some effort and money into them – as well as lowering the rental fees to reasonable levels. Instead of this, he’s now selling these properties at a time where the property bubble is arguably at its biggest – and somehow wants sympathy for it?
What complete and utter bullshit; exactly what I’d expect from the Telegraph.
Don’t you just fucking hate the telegraph? Cry me a fucking river.
Waiting for somebody to go “What about my poor nan who rents out her flat while she’s in the nursing home??” and I’m sorry for your nan but she’s one woman while there are many millions of private tenants suffering from bad landlords and lack of regulation.
Being a Landlord is different to what it has turned into, people with money, grabbing any and all properties, and doubling the rent to make as much profit as possible.
‘I can’t believe a Tory government is driving me out of business, they should be helping me con these poor working class cunts out of all their money”
FTFY.
Landlords are the only investors who think there’s no risk involved.
[removed]
This is an amazing spin. We ought to be discussing how the buy to let generation betrayed the British people by forcing people to live in abhorrent conditions, charging exorbitant rents, and destroying any chance they had of becoming property owners.
They are free to fuck off.
We need to build more damn council housing again.
I reckon it’s fine for private individuals to be in the business of providing housing for others, but they cannot be sitting on both an income stream and capital growth asset to the extent that landlords seem to have gone bully for it. You’re running a business and investments carry risk too. So it’s going to be regulated and it’s going to be taxed. A business involved in providing an essential human need, shelter, is going to be regulated heavily, and nor should something like section 21 no-faults be able to chuck people out from homes they may have lived in for years on two months notice, that’s cruel.
The real kicker, and I can’t wait, is when all the landlords who are leveraged to fuck because they remortgaged their portfolio with cheep mortgages are forced to sell their properties. They will either have to sell them for really cheap, or pay a CGT that they can’t afford because it’s higher than their LTV. Awww boo hoo.
I am crying for this man, but the tears are laughter
“The value of an investment may go down as well as up”
Business? Landlord? Mate being a landlord is not a business it’s collecting sponsored welfare payments.
Imagine how dope putting landlords out of business would be
Hahahahahahahahahahahahahahahahahahahahahahahahahahaha
And herein lies the problem. Housing being seen as a “business”.
Lmao, could we betray landlord a bit faster and harder please?
´Waaaa wzaaa waaa my fake job getting other people to pay my mortgage for basically living in accommodation hasn’t worked out now I might actually have to WORK for a living instead ‘
Rent seeking adds nothing to do the economy. It only adds huge inefficiencies as people providing no productvity leach money off the workers. Those workers now have less money for the economy.
Have they considered pulling themselves up by their bootstraps and getting a real job?
Best cancel their Netflix subscription and put those avacados back.
“But after more than a decade of repeated interventions by Conservative Chancellors, landlords have become overtaxed, over-regulated and increasingly likely to give up altogether.”
Awwwww the poor little babies have to pay taxes on their passive income that they do absolutely nothing to earn? That they only got because they won the birth lottery?
They are being regulated so they don’t bleed poor people dry? How sad.
Cry me a fucking river.
Why do so many landlords & land ladies lack morals 🤨, they want to charge an arm, leg, lungs and more so they can live a rich life 🙄. It has gotten to the point where landlords refuse to meet tenants in the middle when it comes to the cost of living & the housing crisis, in a sad way I’m a bit happy landlords are also suffering too (just like tenants have…for a long time now).
Let the landlords cry wolf.
Good. Maybe people can afford housing again. A home should be a basic human right, not a commodity. In my view people amd private corporations shouldn’t be allowed to let more than 1 residential property at a time.
Fuck landlords.
It’s time to regulate property.
Homes should be for living in, not investing.
Make it more appealing to invest money elsewhere that isn’t in property.
The main complaint of the guy in the article (who owns 37 properties) is that he can’t kick us tenants out each year and Jack up the prices