Still waiting for the public anger to materialise over the cost of living rises.
Everyone does know that they won’t do shit about any of it as its not affecting the blue voter base right? This has surely been made clear enough by now.
Yeah, they’ll still be paying half the rent I pay, for a more secure home, and have the joys of pet ownership.
I’ll gladly bet the average private rent goes up quite a bit more than this subsidised rent, so I’ll get a tiny violin.
A 1% bump in interest rates is about £1200 a year for a 200k mortgage over 25 years right? And that’s what we will all get if inflation goes up just 1% unless the boe prints more money and risks a death speak? Sounds like social tenants are getting off lightly.
I’ve not heard a good crunch since Brown’s Credit Crunch.
My social housing rent is less than £300pm, you can’t even rent in a shared house for that little in my area as average room for house share was over £400pm just a few years ago. You essentially need two full time minimum wages to rent privately here so despite the problems with my flat I’m incredibly lucky.
A social tenancy rent increase ends up costing the tax payer more as much will be paid by benefits. This will no doubt be used to attack the disabled in upcoming austerity attacks by Tories stealing billions over the pandemic. They’ll accuse the vulnerable of costing too much and slash deep.
Well, energy bills are soaring, petroleum is much more and food is more pricier – anybody can see all these will combine for a notable increase. Hospitality is crashing, too, as a sector – this will mean more of a shortfall to taxes naturally! Need I mention the horrible state of exports? Brexit- I’m amazed we haven’t crashed more, but I think every country being damaged from Covid has mitigated that?
It’s going to be a tough year or so for the sector for sure. There’s been a shortage of materials and trade staff that doesn’t seem to be getting hugely better, long repairs waiting lists because of Covid and a government requirement to get housing up to EPC grade C, which is going to cost providers significant amounts of money. I can only hope any rent rises are done proportionately and with support offered to tenants.
But they will still be paying far less than those who dont manage to get on the gravy train which is social rent (yay, free money).
9 comments
Still waiting for the public anger to materialise over the cost of living rises.
Everyone does know that they won’t do shit about any of it as its not affecting the blue voter base right? This has surely been made clear enough by now.
Yeah, they’ll still be paying half the rent I pay, for a more secure home, and have the joys of pet ownership.
I’ll gladly bet the average private rent goes up quite a bit more than this subsidised rent, so I’ll get a tiny violin.
A 1% bump in interest rates is about £1200 a year for a 200k mortgage over 25 years right? And that’s what we will all get if inflation goes up just 1% unless the boe prints more money and risks a death speak? Sounds like social tenants are getting off lightly.
I’ve not heard a good crunch since Brown’s Credit Crunch.
My social housing rent is less than £300pm, you can’t even rent in a shared house for that little in my area as average room for house share was over £400pm just a few years ago. You essentially need two full time minimum wages to rent privately here so despite the problems with my flat I’m incredibly lucky.
A social tenancy rent increase ends up costing the tax payer more as much will be paid by benefits. This will no doubt be used to attack the disabled in upcoming austerity attacks by Tories stealing billions over the pandemic. They’ll accuse the vulnerable of costing too much and slash deep.
Well, energy bills are soaring, petroleum is much more and food is more pricier – anybody can see all these will combine for a notable increase. Hospitality is crashing, too, as a sector – this will mean more of a shortfall to taxes naturally! Need I mention the horrible state of exports? Brexit- I’m amazed we haven’t crashed more, but I think every country being damaged from Covid has mitigated that?
It’s going to be a tough year or so for the sector for sure. There’s been a shortage of materials and trade staff that doesn’t seem to be getting hugely better, long repairs waiting lists because of Covid and a government requirement to get housing up to EPC grade C, which is going to cost providers significant amounts of money. I can only hope any rent rises are done proportionately and with support offered to tenants.
But they will still be paying far less than those who dont manage to get on the gravy train which is social rent (yay, free money).