arepeoplestupid

Shelter have done lots to make the situation worse, in my opinion. They help to create homelesness so their reason for existence continues. They introduced more regulation for example in Newham. This resulted in landlords being registered and these costs passed onto the rental market. Why landlords need to be registered is completley ridicilous, the rental market has operated pretty well over the last 2000 years ! On top of that one flat we gave them to them for rental with guarantees etc and we ended up with piss and shit on the walls -- and they did not make good the guarantee... so lesson learnt - never ever rent your propetty to a homeless person.

why are people paying for this nonsense service ?

It can't be that complicated surely ? I have 4 properties in London 3 rented with lifetime base rate trackers +1.89% that earn substantial yields and asset values have gone through the roof ? What can be so complicated ? And I barely make more than £35,000 ...

Just wait until the prices are well out of reach or you need to down grade to a studio flat. Given the recent upturn, dont wait just buy.

Whats the illusion ? More cars being sold, more houses being sold, house prices are up, inflation is down, low interest rate ? So where is the doom ?

This is a relatively good deal is it not ? Given other prices in the area ?