Thursday, Apr 19, 2007
A very bad piece of journalism
Times: With rents suddenly going sky-high, tenants would be wise to push for a long-term fixed deal
The Times scare tactics. What a "paid cheerleader" the journalist who wrote this piece. Filled with (at best) anectodical evidence elevated to general truth, but fundametally leaving me with the question "what was she actually trying to say?" Please, let us complain vigorously about this article (the writer email address is at the bottom of the piece).
Posted by confused76 @ 10:33 PM (349 views) Add Comment
11 Comments
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1. paul said...
Oh this is choice rubbish.
Best quote "under the infant tenancy deposit scheme, they should be able to claim for smoking-related dilapidations, but that might be too late if any fractious neighbours have taken the fight against fumes to the courts first."
Err, so people are going to sue their neighbours for smoking? Good luck with that one.
"The biggest bills are landing on doorsteps in the Central and West London squares where competition has been fiercest among buyers"
Erm I live in West London. If you want some Polish immigrants who can sell your fireplace when they leave, then fine. Not just Polish, and not just immigrants, but you get what I mean.
There is absolutely no shortage of rental property in Shepherds Bush.
2. Scott said...
Rents going up will be unsustainable. Companies will have to pay higher wages, which they cannot do without facing problems such as their competitive edge.
I will say this again; capitalism is a mistake. It puts money into the hands of stupid people, which can be manipulated to create bubbles and busts, both being bad for any state. I am classed as a second class citizen because although I have a very good job in IT in London, I cannot afford my own place. I would prefer to live in a world where people are judged by their expertise in their chosen fields and their attitude/help towards others, not by how much material wealth people have.
3. paul said...
In fact, this is the talking in tongues of a failed property developer before they disappear under the waves.
4. Studdymx said...
What a pile of old sensational rubbish!
She could 've at least tried to find real citations from independant sources, not just estate agents and made up legal experts....
This article is a more typical of something you would read on the front pages of the Daily Sport.
5. fahrenheit451 said...
"Smoking and ghastly chemicals" seeping next door, it's in Australia, what was it a timber shack beach-house and a joss stick to cover up some weed. No doubt the barbie out front was a fire hazard (been there and got the T-shirt from the the flat below !!!, when I started one on the postage-stamp of a balcony). These so called journalists need to get a life. But seriously, I stopped smoking due wife & kids, no sympathy there I'm afraid. - Yeh, rents going up here as well, roll on 6.5% and see what that does with only an annual rent review.
6. tyrellcorporation said...
Stick to your guns and threaten to move out if they ramp up rents. The resulting void period will wipe out any gains instantly!
Rents in Exeter are static and have been for the last 2 years - static, meaning they're actually falling in real terms!
7. Davros said...
This is a terrible piece of manipulation. I live in Surrey where in the past 2 weeks I've seen to properties the same if not better than mine go on for the same money I paid 12 months ago. Are we to believe with more and more people entering buy to let that there have been a surge of new renters that weren't there before? No. The only reason a landlord could get away with it in the current climate is laziness on the part of the tenant, which is infact the very reason I'm staying put.
This only confirms what we already new about estate agents doesn't it?
8. paul said...
that's the point exactly tyrell.
Rents are dropping because of the glut of BTL property.
9. Sam said...
exactly what we've done telly. London's got loada BTLers, if they're not people who've been doing it for years, they're the kind of idiot who'll rent at a lower rate than the mortgage hoping the value of the property will go up.
the other kind is like ours - thinks the way to BTL is to buy and charge rent at mortgage+3% -- lol. idiots.
10. C'mon Correction said...
Rents here in south wales haven't increased for approx the last 8 years. In real terms they are lower than eight years ago. Even my home-buying mates admit this, and they - "can't understand why because there is a housing shortage isn't there?" !!!!
If rents do start to rise watch RPI go even higher, it will only fuel wage growth and yet higher interest rates.
11. Umbongo said...
They have not only stopped posting new comments on that story they have deleted the existing ones. Very naughty.