Bruce Banner Posted November 14, 2010 Share Posted November 14, 2010 We're Going To Drive The Rents Down.I'm going to be pushing and telling the landlords the game is over, these rents are coming down. IDS talking to Andrew Marr a few minutes ago. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted November 14, 2010 Share Posted November 14, 2010 IDS talking to Andrew Marr a few minutes ago. Yup, spilt my coffee when I heard that. Also the "the game is up...." Quote Link to comment Share on other sites More sharing options...
Pent Up Posted November 14, 2010 Share Posted November 14, 2010 Wow. That's bold. Let's hope he sticks to to it and can actually pull it off! Quote Link to comment Share on other sites More sharing options...
ken_ichikawa Posted November 14, 2010 Share Posted November 14, 2010 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 Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted November 14, 2010 Share Posted November 14, 2010 Should be rents down and tenant's rights up. Quote Link to comment Share on other sites More sharing options...
Migrant Mother Posted November 14, 2010 Share Posted November 14, 2010 Yep just saw it, bloody brilliant stuff. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted November 14, 2010 Author Share Posted November 14, 2010 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 It's not fair to tar IDS with the Brown brush. Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted November 14, 2010 Share Posted November 14, 2010 No, No, No. It's Time To Raise The Rents Quote Link to comment Share on other sites More sharing options...
Trampa501 Posted November 14, 2010 Share Posted November 14, 2010 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? Quote Link to comment Share on other sites More sharing options...
porca misèria Posted November 14, 2010 Share Posted November 14, 2010 IDS talking to Andrew Marr a few minutes ago. Context? Reference? URL? Were they talking about that famous cap on London-ludicrous-landlords, or the whole-country market, or other? Quote Link to comment Share on other sites More sharing options...
ken_ichikawa Posted November 14, 2010 Share Posted November 14, 2010 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. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted November 14, 2010 Author Share Posted November 14, 2010 Context? Reference? URL? Were they talking about that famous cap on London-ludicrous-landlords, or the whole-country market, or other? Television interview with Andrew Marr. He mentioned London and the South East. IDS also pointed out that "he" is 40% of the rental market. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted November 14, 2010 Share Posted November 14, 2010 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. Quote Link to comment Share on other sites More sharing options...
Stars Posted November 14, 2010 Share Posted November 14, 2010 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 Quote Link to comment Share on other sites More sharing options...
@contradevian Posted November 14, 2010 Share Posted November 14, 2010 Context? Reference? URL? Were they talking about that famous cap on London-ludicrous-landlords, or the whole-country market, or other? On BBC1, so it will be on iPlayer shortly. Quote Link to comment Share on other sites More sharing options...
athom Posted November 14, 2010 Share Posted November 14, 2010 OMG! It's, it's like our elected representatives are doing what we want It's all new territory now Quote Link to comment Share on other sites More sharing options...
@contradevian Posted November 14, 2010 Share Posted November 14, 2010 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. Quote Link to comment Share on other sites More sharing options...
SEW247 Posted November 14, 2010 Share Posted November 14, 2010 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. Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted November 14, 2010 Share Posted November 14, 2010 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. 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". Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted November 14, 2010 Author Share Posted November 14, 2010 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. It was the 'Secretary of State for Work and Pensions' speaking, not anyone 'on here' Quote Link to comment Share on other sites More sharing options...
nixy Posted November 14, 2010 Share Posted November 14, 2010 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. ?? Quote Link to comment Share on other sites More sharing options...
Trampa501 Posted November 14, 2010 Share Posted November 14, 2010 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) Quote Link to comment Share on other sites More sharing options...
Bootsox Posted November 14, 2010 Share Posted November 14, 2010 (edited) 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 November 14, 2010 by Bootsox Quote Link to comment Share on other sites More sharing options...
Pauly_Boy Posted November 14, 2010 Share Posted November 14, 2010 I caught snippets of this, over all I was impressed with IDS! I think the penny has dropped and the coalition are going to reduce the cost of housing. Quote Link to comment Share on other sites More sharing options...
papag Posted November 14, 2010 Share Posted November 14, 2010 IDS is out hill walking at the moment and will elaborate what he really means when he gets back. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.