In one glass water temperature is 0 in another 100, the average is 50 in both. We need to track median not average
Completely unsustainable and ridiculous.
If we want the economy to grow, we can’t have housing as an anchor around the necks of the most economically active.
Averages don’t mean much if you don’t split them out into sensible groups. Average rent could go up if everyone starts living in multigenerational homes, for instance. It also makes it hard to compare across areas, since some places have a lot of single people while others have a lot of family homes. The composition over time also changes.
Greedy landlords, greedy companies like LBG buying up homes to rent. Tax policies driving landlords out. Reducing supply, driving up prices.
What a bloody disgrace
Landlords have to be forced to keep rents low. It might be harsh on them, but they can’t be trusted. Landlords can’t be trusted not to take the piss.
Eye-popping numbers
Wealth tax now. Retake the homes.
What the fuck are new grads meant to do, seriously?
You ain’t seen nothing yet.
– Landlords are selling up in record numbers. This will only hasten with Minimum Energy Efficiency Standards being raised in 2030.
– Instead of building new social housing, councils + the mayor are buying old stock and turning them into social housing, further reducing supply of market rate units
– Construction of new builds has ground to a halt. Insanely high affordable mandates, onerous safety regulations (single staircase laws), crazy S106 obligations and community infrastructure levies – has rendered an entire industry economically unviable.
You better hope you’re one of two things from now on:
1) Eligible for social housing + score highly on their needs assessment.
2) Have rich parent and are gifted a huge deposit from Mum and Dad to become a homeowner.
Private renters are already being screwed – and this is only gonna get worse.
I’ve had more non-British landlords than British ones. Those are the immigrants we should be complaining about. The rent I pay either isn’t staying in the UK at all or isn’t being spent back into the economy.
How am I meant to start a family like this?
F*** this! I’m moving to Asia
I dream of cheap, decent, council housing allowing people to have more money in their pockets to spend on stuff.
Seriously depressing. I’m living in Berlin atm and pay £350 a month (bills included) to live in a two bed apartment with a massive room and balcony. Dreading having to go back to London in a few months.
the future will never be affordable. there is literally no path where anything will ever get better for this country lol. the future of this country is a mix of bleak America for the poor and Dubai for the rich. working class British people have been horrifically robbed.
The most ridiculous part of this for me is that those paying more than £2,000 in rent won’t even qualify for a mortgage of £1,500 per month. It’s like the banks are subsidising landlords by making it prohibitively difficult for workers to qualify for the finance they need.
Tax the wealth of the billionaires
Prices so high that it’s almost not feasible to pursue careers like nursing, teaching, policing and other essential services in London. This city will collapse.
The real people hurting are lower middle class to middle class. Soon it will also be the upper middle feeling the pay check to pay check.
You either say fuck it and get the lowest paying job to meet social housing requirements, or you get rich quick/have a family able to buy you a deposit.
I just can’t understand how someone owning a house has to increase the rent so much? It’s not like each year they are doing massive renovations, updating appliances, repairing areas of need before it gets to the brink (which I don’t understand too, if you are great with money, surely you know it’s cheaper to fix it while it’s okay than when it’s literally falling apart).
How much are these gas safety and electrical certificates? EPC? Does it really qualify for a 20-25% rent increase each year? If you don’t own the house out right and are on a mortgage… then you’re actually a grade A1 pillock that can fuck off and are the worst landlords.
Landlordism needs to be banned, they are just pure parasites.
Many people don’t even earn £2.7k in London.
London is fucked.
how can this be sustained? Have we reached peak capitalism?
a radical change is coming, it could be through government intervention or it could be through economic collapse, it might even be revolution. Something has got to give at some point and somehow, we the average earners are going to end up paying for it.
If you can’t afford, leave, and the decreased demand would cause the prices to regulate itself? Let the residents “rot” if key workers would be leaving the city.
Landlords can be a housing association, can be a charity which in turn uses the proceeds for not limited to food banks. Hating investors, businesses and changing the rules just because they benefit will in the end stab yourselves
I was hospitalised and work refused sick pay so I had to request help from UC as recovery was 6 months ..they offered to help me 800 while my rent is 1500
How is it ive worked all my life and in a time of need theres no help because everyone claims UC for feeling down !!
25 comments
In one glass water temperature is 0 in another 100, the average is 50 in both. We need to track median not average
Completely unsustainable and ridiculous.
If we want the economy to grow, we can’t have housing as an anchor around the necks of the most economically active.
Averages don’t mean much if you don’t split them out into sensible groups. Average rent could go up if everyone starts living in multigenerational homes, for instance. It also makes it hard to compare across areas, since some places have a lot of single people while others have a lot of family homes. The composition over time also changes.
Greedy landlords, greedy companies like LBG buying up homes to rent. Tax policies driving landlords out. Reducing supply, driving up prices.
What a bloody disgrace
Landlords have to be forced to keep rents low. It might be harsh on them, but they can’t be trusted. Landlords can’t be trusted not to take the piss.
Eye-popping numbers
Wealth tax now. Retake the homes.
What the fuck are new grads meant to do, seriously?
You ain’t seen nothing yet.
– Landlords are selling up in record numbers. This will only hasten with Minimum Energy Efficiency Standards being raised in 2030.
– Instead of building new social housing, councils + the mayor are buying old stock and turning them into social housing, further reducing supply of market rate units
– Construction of new builds has ground to a halt. Insanely high affordable mandates, onerous safety regulations (single staircase laws), crazy S106 obligations and community infrastructure levies – has rendered an entire industry economically unviable.
You better hope you’re one of two things from now on:
1) Eligible for social housing + score highly on their needs assessment.
2) Have rich parent and are gifted a huge deposit from Mum and Dad to become a homeowner.
Private renters are already being screwed – and this is only gonna get worse.
I’ve had more non-British landlords than British ones. Those are the immigrants we should be complaining about. The rent I pay either isn’t staying in the UK at all or isn’t being spent back into the economy.
How am I meant to start a family like this?
F*** this! I’m moving to Asia
I dream of cheap, decent, council housing allowing people to have more money in their pockets to spend on stuff.
Seriously depressing. I’m living in Berlin atm and pay £350 a month (bills included) to live in a two bed apartment with a massive room and balcony. Dreading having to go back to London in a few months.
the future will never be affordable. there is literally no path where anything will ever get better for this country lol. the future of this country is a mix of bleak America for the poor and Dubai for the rich. working class British people have been horrifically robbed.
The most ridiculous part of this for me is that those paying more than £2,000 in rent won’t even qualify for a mortgage of £1,500 per month. It’s like the banks are subsidising landlords by making it prohibitively difficult for workers to qualify for the finance they need.
Tax the wealth of the billionaires
Prices so high that it’s almost not feasible to pursue careers like nursing, teaching, policing and other essential services in London. This city will collapse.
The real people hurting are lower middle class to middle class. Soon it will also be the upper middle feeling the pay check to pay check.
You either say fuck it and get the lowest paying job to meet social housing requirements, or you get rich quick/have a family able to buy you a deposit.
I just can’t understand how someone owning a house has to increase the rent so much? It’s not like each year they are doing massive renovations, updating appliances, repairing areas of need before it gets to the brink (which I don’t understand too, if you are great with money, surely you know it’s cheaper to fix it while it’s okay than when it’s literally falling apart).
How much are these gas safety and electrical certificates? EPC? Does it really qualify for a 20-25% rent increase each year? If you don’t own the house out right and are on a mortgage… then you’re actually a grade A1 pillock that can fuck off and are the worst landlords.
Landlordism needs to be banned, they are just pure parasites.
Many people don’t even earn £2.7k in London.
London is fucked.
how can this be sustained? Have we reached peak capitalism?
a radical change is coming, it could be through government intervention or it could be through economic collapse, it might even be revolution. Something has got to give at some point and somehow, we the average earners are going to end up paying for it.
If you can’t afford, leave, and the decreased demand would cause the prices to regulate itself? Let the residents “rot” if key workers would be leaving the city.
Landlords can be a housing association, can be a charity which in turn uses the proceeds for not limited to food banks. Hating investors, businesses and changing the rules just because they benefit will in the end stab yourselves
I was hospitalised and work refused sick pay so I had to request help from UC as recovery was 6 months ..they offered to help me 800 while my rent is 1500
How is it ive worked all my life and in a time of need theres no help because everyone claims UC for feeling down !!
Comments are closed.