or in excess of Posted October 29, 2010 Share Posted October 29, 2010 Anyone else notice how this NuLabour flunky is on virtually every BBC political show? He was on Daily Politics today basically saying there was no way all the private landlords are going to accept lower rents, in the wake of the HB cap reform. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted October 29, 2010 Share Posted October 29, 2010 Anyone else notice how this NuLabour flunky is on virtually every BBC political show? He was on Daily Politics today basically saying there was no way all the private landlords are going to accept lower rents, in the wake of the HB cap reform. I thought that he is some kind of Labour Party spokesman? Quote Link to comment Share on other sites More sharing options...
tinker Posted October 29, 2010 Share Posted October 29, 2010 (edited) Ah the ubiquitous Kevin Maguire. It's probably a strategy, the politicians themselves are too tainted with the shitfest economic and social policy that was Labour 1997-2010 (though it was really Maggie's fault ), so they need to be represented by proxy. Labour the Landlords' friend, because they were all at it? Tax and credit incentives for BTL favouring them over FTBs, poor regulation, the corrupted Housing Benefit system. Driven by greed, selfishness and political neurosis. Edited October 29, 2010 by tinker Quote Link to comment Share on other sites More sharing options...
davidg Posted October 29, 2010 Share Posted October 29, 2010 He was on Daily Politics today basically saying there was no way all the private landlords are going to accept lower rents, in the wake of the HB cap reform. Private landlords (of which I'm one) have three choices afaiks i. accept the rent that the market will bear ii. sell up and get out of the business iii. leave the property empty (maybe hoping for capital appreciation) HB must be a significant factor in supporting rents in certain areas/markets. If this support is withdrawn then rents will fall to some extent and some landlords will no longer have a workable business model and will sell up bringing more supply of low end properties onto the market leading to a drop in house prices. Rents could even rise if sufficient numbers of landlords sell up but then expect a big drop in house prices which will restore yields. A very few may leave their properties empty for occasional use. The HB changes are relatively minor in any case. Quote Link to comment Share on other sites More sharing options...
South Lorne Posted October 29, 2010 Share Posted October 29, 2010 ...... He was on Daily Politics today basically saying there was no way all the private landlords are going to accept lower rents, in the wake of the HB cap reform. ...is he one of them ..?....a landlord who is not going to accept ..?.....he is a real wasted Labour lefty.... Quote Link to comment Share on other sites More sharing options...
yokel Posted October 29, 2010 Share Posted October 29, 2010 If memory serves, he had to take cov er a couple of years ago (after having been a regular on R5 `Drivetime' programme billed as a journo and talking about what the papers would be saying the following day) after it became more widely known that he was in Brown's gang - Mcbride, Draper, Whelan etc - the gang involved in email smears- completely without Brown's knowledge or approval of course. He now appears to be re-emerging - probably because Young Milliband is the new fresh face of the old gang and Maguire again has friends in high places. Y Quote Link to comment Share on other sites More sharing options...
or in excess of Posted October 29, 2010 Author Share Posted October 29, 2010 Private landlords (of which I'm one) have three choices afaiks i. accept the rent that the market will bear ii. sell up and get out of the business iii. leave the property empty (maybe hoping for capital appreciation) HB must be a significant factor in supporting rents in certain areas/markets. If this support is withdrawn then rents will fall to some extent and some landlords will no longer have a workable business model and will sell up bringing more supply of low end properties onto the market leading to a drop in house prices. Rents could even rise if sufficient numbers of landlords sell up but then expect a big drop in house prices which will restore yields. A very few may leave their properties empty for occasional use. The HB changes are relatively minor in any case. Sell up? To who, exactly? Quote Link to comment Share on other sites More sharing options...
jay67 Posted October 29, 2010 Share Posted October 29, 2010 Kevin Maguire was/is the political editor of the Daily Mirror,and he is universally known as 'Toilets Maguire'.I think he may have been done for cottaging once.His Mirror column was so bad that even his own readers rudely slagged him off in the comments section.He pretends to be some 'man of the people' Geordie,but lives in a huge pile in Surrey. Quote Link to comment Share on other sites More sharing options...
South Lorne Posted October 29, 2010 Share Posted October 29, 2010 If memory serves, he had to take cov er a couple of years ago (after having been a regular on R5 `Drivetime' programme billed as a journo and talking about what the papers would be saying the following day) after it became more widely known that he was in Brown's gang - Mcbride, Draper, Whelan etc - the gang involved in email smears- completely without Brown's knowledge or approval of course. He now appears to be re-emerging - probably because Young Milliband is the new fresh face of the old gang and Maguire again has friends in high places. Y ...and Pravda UK now give him big time screen space.... Quote Link to comment Share on other sites More sharing options...
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