Tuesday, Mar 15, 2016

Young families priced out of rental markets in two-thirds of the UK

Guardian: Young families priced out of rental markets in two-thirds of the UK

Figures suggest soaring rents make having children financially prohibitive for young couples in southern England and beyond.

Posted by doomwatch @ 01:59 PM (2971 views) Add Comment

6 Comments

1. libertas said...

And this is now going to get horribly worse just this year as hundreds of thousands, if not more, flock in to front-run BREXIT, with there being another two years after voting to leave before we can control our borders. Total disaster. We will soon be living in Dickensian conditions with one family, one room. These people have no idea what they are doing and are completely out of control and it will take more than a generation to resolve these problems.

Tuesday, March 15, 2016 10:45PM Report Comment
 

2. mark said...

cheaper to live in france and travel to uk for work

Wednesday, March 16, 2016 04:43PM Report Comment
 

3. khards said...

I think that propping up rents via tax credits is the primary cause of high rents. Cut the subsidies to the poor and their landlords, then the rents will have to fall.
What is the housing benifit bill? Was it 10 Billion per year?

10,000,000,000+ tax credits going straight to landlords will distort rents.

Wednesday, March 16, 2016 09:13PM Report Comment
 

4. mombers said...

How many public sector homes can you build for 10bn a year? There's no excuse for the government paying for-profit rents for people who will never realistically be able to rent or buy on their own, when the state can provide non-profit (i.e. not even subsidised) rents at a much lower cost.

Thursday, March 17, 2016 09:53AM Report Comment
 

5. Wsn03 said...

Absolutely shocking, no future left for the under 40s in this country

Thursday, March 17, 2016 02:14PM Report Comment
 

6. britishblue said...

I own business in London that is directly related to housing (not estate agents) and in the South West many families are moving outwards. If they live in Chiswick they are going to Kingston upon Thames, If they live in Kingston its is out to New Malden, Sunbury or Staines. This is both the purchased and the rental market.I do wonder whether it will have a change in the demographics of middle London, where traditionally British families with traditional jobs no longer represent a major part of the community. Also pay a very keen look at the figures coming out in the next couple of months. What is happening on the ground in terms of what property is being sold doesn't seem to reflect what the press is communicating. It has been the quietest time for ten years for many suppliers connected with the house buying market.

Sunday, March 20, 2016 09:02AM Report Comment
 

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