Jump to content
House Price Crash Forum

We're Going To Drive The Rents Down


Recommended Posts

  • Replies 187
  • Created
  • Last Reply

Top Posters In This Topic

Wow. That's bold. Let's hope he sticks to to it and can actually pull it off!

Sounds dangerously like attempting to "buck the market". Up until now I could understand where he was coming from, but I'm now beginning to fear for his sanity. Maybe he's been quoted out of context?

Link to post
Share on other sites

Sounds dangerously like attempting to "buck the market". Up until now I could understand where he was coming from, but I'm now beginning to fear for his sanity. Maybe he's been quoted out of context?

Well if he reduces the percetile to like 15% then it will remove the floor off rents.

Link to post
Share on other sites

Sounds dangerously like attempting to "buck the market". Up until now I could understand where he was coming from, but I'm now beginning to fear for his sanity. Maybe he's been quoted out of context?

the market is entirely supported by the government rental payments calculation.

all they need do is cut the benefit in half...they could do it tommorrow.

then, after some chaos, landlords face a choice...voids or accept lower rent.

then comes the possessions...then the bleating.

then the 180.

these guys have no balls....course, letting the market collapse would be great....for the people, bad for the financiers....

saying that, if this is done at the same time as a real attempt to administrate the busted banks, then it could work, our £ restored and the recession ending in weeks rather than never.

Link to post
Share on other sites

Sounds dangerously like attempting to "buck the market". Up until now I could understand where he was coming from, but I'm now beginning to fear for his sanity. Maybe he's been quoted out of context?

It depends how he intends to buck this 'market'

When cartel-like positions have their power / privelige dissolved, incentives are improved, not destroyed

However, If he is talking about capping rents, then this is probably designed to be futile

Link to post
Share on other sites

Sounds dangerously like attempting to "buck the market". Up until now I could understand where he was coming from, but I'm now beginning to fear for his sanity. Maybe he's been quoted out of context?

He is the market!! Or at least 40% of it. The government using its dominant market position to drive down rents DOWN rather than UP.

Link to post
Share on other sites

Problem is that i think people on here are too obsessed with the BTL brigade and tha the reality is that it will all probably come to nothing.

Link to post
Share on other sites

Yeah but he doens't mean it though. When a politician says something he means the complete opposite.

I.e. No more boom and bust meant more boom and bust etc

Yes, but I think I would put IDS up with Frank Field in terms of integrity. Definitely not a GB or the rest of the slime.

??

Link to post
Share on other sites

I believe this is the government going on the offensive - rather than chucking out "poor families" they're trying to make the story "we're going to make rents cheaper for all".

Ah - beginning to make sense now. Could well impact on house prices in certain areas I would have thought (BTL'ers unable to charge their unemployed tenants high rents)

Link to post
Share on other sites

the market is entirely supported by the government rental payments calculation.

all they need do is cut the benefit in half...they could do it tommorrow.

then, after some chaos, landlords face a choice...voids or accept lower rent.

then comes the possessions...then the bleating.

then the 180.

these guys have no balls....course, letting the market collapse would be great....for the people, bad for the financiers....

saying that, if this is done at the same time as a real attempt to administrate the busted banks, then it could work, our £ restored and the recession ending in weeks rather than never.

I agree with the sans-balls bit but, on this occasion, the coffers have simply run dry. Despite all the NuLabour/BBC bleating they haven't got a choice

Edited by Bootsox
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.

  • 441 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.