Why doesn’t this article say by how much it’s increased? That’d seem like a fairly obvious piece of info.
So the BBC is saying the average rent outside London is now around £1200 a month. The median family income outside London is around £2100 a month.
We need to take to the streets and protest.
Renting has become unaffordable and don’t even fucking think you can buy a house to avoid the rental market in 2023 unless you’re a filthy-rich landlord with several properties or a bank.
Housing shortage and a cost of living crisis. So hypothetical if we started eating landlords we would begin to fix both issues 🤔
Guys, it’s time for change. It’s time to protest and eat the rich. Why are we putting up with this.
So asingle person working full-time on median income is spending 60% of their monthly income just on rent if they want to live on their own. This doesn’t include costs of necessities such as utilities, car, food, medical, clothing etc.
Pure insanity. Even couples are struggling. Forget savings or kids, it’s literally working to survive right now with seemingly no hope of it getting better.
“Lack of regulation has allowed rents to hit a new high as lack of affordable and social housing development continues” – title fix
The shortage of housing and astronomical high rental costs are a ***modern version of the ancient Enclosure Acts***. It greatly benefits the upper class who own the land and buildings, but are ruinous to the ordinary citizen.
Here is an 18th century poem about how the rich steal the land, but the poor are punished for trying to feed themselves:
They hang the man and flog the woman
Who steals the goose from off the common
Yet let the greater villain loose
That steals the common from the goose.
The law demands that we atone
When we take things we do not own
But leaves the lords and ladies fine
Who take things that are yours and mine.
The poor and wretched don’t escape
If they conspire the law to break
This must be so but they endure
Those who conspire to make the law.
The law locks up the man or woman
Who steals the goose from off the common
And geese will still a common lack
Till they go and steal it back.
Gosh, if only there was something that could be done about this. Nah, I’ll take ineffectual liberal civility and decorum status quo over the unpleasantness of actually fighting for a decent existence.
Interesting that they choose to blame it on a lack of homes rather than our population ballooning out of control.
* England’s population grew by **6.58%** from 2011 to 2021.
* London’s population grew by **7.65%** in the same period.
These are official census figures, so they only count legitimate residents, there will a large number of people not counted in this data.
* England’s housing stock grew by approx. **8-9%** from 2011 to 2021.
* London’s housing stock grew by around **9-10%** over the same period.
We’re building a huge number of homes already, the number is growing at a rate faster than our official population numbers and yet it can’t halt the ever increasing prices.
* England’s property prices rose by **62.8%** from 2011 to 2021.
* London’s property prices rose by **77%** over the same period.
It gets worse when you look at property prices. The vast sums of global wealth being pumped into our property market and the follow-on local investment should not be underestimated in its deeply damaging affect to our quality of life.
We are so far from finding a solution for this problem it’s tragic.
People will demand we build more homes and find a way to add large quantities of social housing, but building alone is not the answer. We have several decades of evidence showing us that despite building a lot of new homes, because we’re growing our population at an unsustainable rate and even worse, selling off everything to property investors around the world, we are still seeing property prices rise at a rate that most of the nation cannot hope to keep up with.
The island is not getting bigger, the environment is suffering, construction costs are rising, investment in property is only growing and as they make more money in property, where do you think their profits go? into more property of course.
* We can’t make the island larger.
* We shouldn’t sacrifice the environment.
* Construction costs going down won’t solve the problem.
* Cutting out property investors from around the world and even locally would remove the biggest part of the problem causing our housing crisis and it’s one of the easiest solutions to enact.
* Reducing our population, or even growing it at a more sustainable rate would help too, but few want to approach that subject.
We absolutely must kick property investors out of the residential property market as quickly as possible, it’s the only realistic fix we have for all this.
The longer we delay and the more investment cash we allow to flow into the market, the worse things will get.
When you try to buy a property, you aren’t just competing against other regular families, you’re competing against investors who have considerably more financial liquidity and borrowing power than you can dream of.
Rents are not going to drop until we lance the boil of property investors.
Buy to live, not buy to let.
We desperately need more social housing, a mix of flats and houses but the only places I see being built are private rent tower blocks in places with poor public transport access.
Remember everyone: neither party is interested in fixing this problem. Try and see the funny side.
Supply and demand. Immigration is at an all time high. Half a million people a year (net) are added to the population. Something like 30% of Tory party donors are property developers. More people means housing is worth more, and the developers make more money. Either we build and build and build, or we reduce that number.
Meanwhile the hedge fund sharks are already buying new build houses at a discount before they’re built so they can rent them out to you at inflation busting prices.
But they’ll tell you they’re doing the public a service.
It’s fucking insane. How are people paying it? I just checked the area I used to rent a 1 bed in and it’s gone from 700~ a month to 1200~ in the space of a couple of years 😐
Hoarding of homes*. There’s plenty of homes. It’s just that people with money deliberately buy more than they need and ransom them back to the population.
*Affordable homes
There are plenty of empty houses around, new builds and old all up for sale. The problem is the completely unregulated housing market and over inflated prices. This then has a knock-on effect to renters, who are bled dry and stand next to no hope of saving to afford a deposit.
The entire market needs taking out of the hands of MPs and their chums, who have created this problem in the first place
I live in a poor and deprived area and my rent has risen a cumulative +22.2% over the past 4 years. That will sound extremely tame to big city dwellers, but the catch is I have nowhere else to run to. I am already at the bottom rung of the ladder. The second catch is that even with this relatively tame rise my wage still hasn’t kept up pace.
Houses went from homes (shelter) to investment.
That’s where it all went wrong
We have to break the culture of housing = an investment & the obsession with inheritance. That’s much much harder than it sounds as people are fanatical about it. Dare I say it but Theresa May’s dementia tax would have been the first step in achieving that. Real shame she had to drop it.
20 comments
Why doesn’t this article say by how much it’s increased? That’d seem like a fairly obvious piece of info.
So the BBC is saying the average rent outside London is now around £1200 a month. The median family income outside London is around £2100 a month.
We need to take to the streets and protest.
Renting has become unaffordable and don’t even fucking think you can buy a house to avoid the rental market in 2023 unless you’re a filthy-rich landlord with several properties or a bank.
Housing shortage and a cost of living crisis. So hypothetical if we started eating landlords we would begin to fix both issues 🤔
Guys, it’s time for change. It’s time to protest and eat the rich. Why are we putting up with this.
So asingle person working full-time on median income is spending 60% of their monthly income just on rent if they want to live on their own. This doesn’t include costs of necessities such as utilities, car, food, medical, clothing etc.
Pure insanity. Even couples are struggling. Forget savings or kids, it’s literally working to survive right now with seemingly no hope of it getting better.
“Lack of regulation has allowed rents to hit a new high as lack of affordable and social housing development continues” – title fix
The shortage of housing and astronomical high rental costs are a ***modern version of the ancient Enclosure Acts***. It greatly benefits the upper class who own the land and buildings, but are ruinous to the ordinary citizen.
Here is an 18th century poem about how the rich steal the land, but the poor are punished for trying to feed themselves:
They hang the man and flog the woman
Who steals the goose from off the common
Yet let the greater villain loose
That steals the common from the goose.
The law demands that we atone
When we take things we do not own
But leaves the lords and ladies fine
Who take things that are yours and mine.
The poor and wretched don’t escape
If they conspire the law to break
This must be so but they endure
Those who conspire to make the law.
The law locks up the man or woman
Who steals the goose from off the common
And geese will still a common lack
Till they go and steal it back.
Gosh, if only there was something that could be done about this. Nah, I’ll take ineffectual liberal civility and decorum status quo over the unpleasantness of actually fighting for a decent existence.
Interesting that they choose to blame it on a lack of homes rather than our population ballooning out of control.
* England’s population grew by **6.58%** from 2011 to 2021.
* London’s population grew by **7.65%** in the same period.
These are official census figures, so they only count legitimate residents, there will a large number of people not counted in this data.
* England’s housing stock grew by approx. **8-9%** from 2011 to 2021.
* London’s housing stock grew by around **9-10%** over the same period.
We’re building a huge number of homes already, the number is growing at a rate faster than our official population numbers and yet it can’t halt the ever increasing prices.
* England’s property prices rose by **62.8%** from 2011 to 2021.
* London’s property prices rose by **77%** over the same period.
It gets worse when you look at property prices. The vast sums of global wealth being pumped into our property market and the follow-on local investment should not be underestimated in its deeply damaging affect to our quality of life.
We are so far from finding a solution for this problem it’s tragic.
People will demand we build more homes and find a way to add large quantities of social housing, but building alone is not the answer. We have several decades of evidence showing us that despite building a lot of new homes, because we’re growing our population at an unsustainable rate and even worse, selling off everything to property investors around the world, we are still seeing property prices rise at a rate that most of the nation cannot hope to keep up with.
The island is not getting bigger, the environment is suffering, construction costs are rising, investment in property is only growing and as they make more money in property, where do you think their profits go? into more property of course.
* We can’t make the island larger.
* We shouldn’t sacrifice the environment.
* Construction costs going down won’t solve the problem.
* Cutting out property investors from around the world and even locally would remove the biggest part of the problem causing our housing crisis and it’s one of the easiest solutions to enact.
* Reducing our population, or even growing it at a more sustainable rate would help too, but few want to approach that subject.
We absolutely must kick property investors out of the residential property market as quickly as possible, it’s the only realistic fix we have for all this.
The longer we delay and the more investment cash we allow to flow into the market, the worse things will get.
When you try to buy a property, you aren’t just competing against other regular families, you’re competing against investors who have considerably more financial liquidity and borrowing power than you can dream of.
Rents are not going to drop until we lance the boil of property investors.
Buy to live, not buy to let.
We desperately need more social housing, a mix of flats and houses but the only places I see being built are private rent tower blocks in places with poor public transport access.
Remember everyone: neither party is interested in fixing this problem. Try and see the funny side.
Supply and demand. Immigration is at an all time high. Half a million people a year (net) are added to the population. Something like 30% of Tory party donors are property developers. More people means housing is worth more, and the developers make more money. Either we build and build and build, or we reduce that number.
Meanwhile the hedge fund sharks are already buying new build houses at a discount before they’re built so they can rent them out to you at inflation busting prices.
But they’ll tell you they’re doing the public a service.
It’s fucking insane. How are people paying it? I just checked the area I used to rent a 1 bed in and it’s gone from 700~ a month to 1200~ in the space of a couple of years 😐
Hoarding of homes*. There’s plenty of homes. It’s just that people with money deliberately buy more than they need and ransom them back to the population.
*Affordable homes
There are plenty of empty houses around, new builds and old all up for sale. The problem is the completely unregulated housing market and over inflated prices. This then has a knock-on effect to renters, who are bled dry and stand next to no hope of saving to afford a deposit.
The entire market needs taking out of the hands of MPs and their chums, who have created this problem in the first place
I live in a poor and deprived area and my rent has risen a cumulative +22.2% over the past 4 years. That will sound extremely tame to big city dwellers, but the catch is I have nowhere else to run to. I am already at the bottom rung of the ladder. The second catch is that even with this relatively tame rise my wage still hasn’t kept up pace.
Houses went from homes (shelter) to investment.
That’s where it all went wrong
We have to break the culture of housing = an investment & the obsession with inheritance. That’s much much harder than it sounds as people are fanatical about it. Dare I say it but Theresa May’s dementia tax would have been the first step in achieving that. Real shame she had to drop it.