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New Channel 4 Prog - THE GREAT BRITISH PROPERTY SCANDAL


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I'm not talking about whether or not there is provision in the law, I'm talking about the logistics and realties of it, the appetite to deal with the downside to such a vast national programme. The commonly quoted "million empty homes" can't be dealt with through this mechanism - they will need to come through some other means, land tax\2nd home tax or whatever it takes, but it won't be our jolly local bent councils. The last quote posted sounds like a 2nd home owner bail out, here have some zirp taxpayer money do up your unrentable 2nd house, then rent it out for housing benefit money.

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The only option to co-opt empty properties into use is direct taxation of the owner - make it an expensive ballache to keep a property empty,

The Right Solution for a country where there is pressure on land but not a critical-level crisis. Raise the cost of hoarding to incentivise the casual hoarder to do something. The rich who want to keep two or more homes can still do so, but pay for the privilege.

Happens in some countries.

and possibly seizure of long term abandoned properties where the identified owner can not be tracked through any means.

Don't they have that power? In theory, at least.

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Solving the housing shortage:

1. Take title deeds from landlords.

2. Give to tenants.

No-one moves, but everyone gets to own a house. The economically productive can now spend their rent in the economy, and the unproductive have an incentive to become productive.

Now, obviously I don't propose this as a solution, just an illustration that the true nature of the problem isn't a housing shortage, or empty houses.

Houses are in the wrong hands. They are legally 'owned', not by the people who actually use them, but by people who wish to impose taxes on the actual users.

Those taxes are destroying the economy.

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Solving the housing shortage:

1. Take title deeds from landlords.

2. Give to tenants.

No-one moves, but everyone gets to own a house. The economically productive can now spend their rent in the economy, and the unproductive have an incentive to become productive.

Now, obviously I don't propose this as a solution, just an illustration that the true nature of the problem isn't a housing shortage, or empty houses.

Houses are in the wrong hands. They are legally 'owned', not by the people who actually use them, but by people who wish to impose taxes on the actual users.

Those taxes are destroying the economy.

+1

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Heads-up:

Just after "landlords from hell" is this.

"First of a two-part series on Britain's housing problems. George Clarke looks at the benefits of refurbishment, meets a family who keep on moving house, and examines squatting."

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Heads-up:

Just after "landlords from hell" is this.

"First of a two-part series on Britain's housing problems. George Clarke looks at the benefits of refurbishment, meets a family who keep on moving house, and examines squatting."

I quote... "we need to give people the power, with properties like this, the access cheap cash to be able to do up their homes"

not a good idea!

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Assuming this was the same program (was on in background) how did that couple manage to inherit a house in negative equity? Don't all mortgages had to be backed by a life assurance policy?

Or did they MEW and forget to mention that? Sorry if I missed a key point, was to busy giving HPC the old F5 trying to get a page to load.

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Assuming this was the same program (was on in background) how did that couple manage to inherit a house in negative equity? Don't all mortgages had to be backed by a life assurance policy?

Or did they MEW and forget to mention that? Sorry if I missed a key point, was to busy giving HPC the old F5 trying to get a page to load.

You didn't miss the answer - it was conspicuously not explained in the programme.

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What about the presenters' great idea of giving people with two houses cheap council loans (or worse, free grants) to renovate so they can let out to tenants? And thus increase the eventual re-sale value of their asset?

This came up in Clegg's 2010 manifesto.

Last week, the Liberal Democrats announced the first of two housing pledges for the election. The party plans to invest £1.4 billion in bringing empty homes back into use. Social landlords could bid for grants of up to £10,000 to renovate homes.

It was a bad idea then, and still is.

Taxpayer's money > council > housing benefit claimant > landlord.

:o

Edited by juvenal
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What about the presenters' great idea of giving people with two houses cheap council loans to renovate so they can let out to tenants? And thus increase the eventual re-sale value of their asset?

This came up in Clegg's 2010 manifesto.

Last week, the Liberal Democrats announced the first of two housing pledges for the election. The party plans to invest £1.4 billion in bringing empty homes back into use. Social landlords could bid for grants of up to £10,000 to renovate homes.

It was a bad idea then, and still is.

Taxpayer's money > council > housing benefit claimant > landlord.

:o

or make everybody a landlord? then we can all just rent off each other.

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Heads-up:

Just after "landlords from hell" is this.

"First of a two-part series on Britain's housing problems. George Clarke looks at the benefits of refurbishment, meets a family who keep on moving house, and examines squatting."

The biggest problem with the show is that it's just a few episodes p!ssing in the wind of hours of LLL, HUTH etc.

An effective system of LVT would make it unsustainable for anyone to hold on to an empty house, (or a landbank with zoning or planning permission for residential units).

It's difficult to know what to do about people in negative equity, however a bit of personal responsibility would not have gone amiss; the amount the couple in the show had spent over three years would surely have plugged a large hole in their debt had they sold 3 years ago.

The bottom line is, having watched the previous Dispatches programme as well, the government needs to stop shoveling so much taxpayers money into the bank accounts of private individuals and companies in regard to housing.

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What about the presenters' great idea of giving people with two houses cheap council loans (or worse, free grants) to renovate so they can let out to tenants? And thus increase the eventual re-sale value of their asset?

This came up in Clegg's 2010 manifesto.

Last week, the Liberal Democrats announced the first of two housing pledges for the election. The party plans to invest £1.4 billion in bringing empty homes back into use. Social landlords could bid for grants of up to £10,000 to renovate homes.

It was a bad idea then, and still is.

Taxpayer's money > council > housing benefit claimant > landlord.

:o

Please read it again..

Social landlords could bid for grants of up to £10,000 to renovate homes.

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There was a lot of rubbish talked in his conclusions but on a very positive note it clearly showed the iniquity & stupidity of fatty Prescotts "Pathfinder" scheme. This is the first time I've seen a program openly criticising the scheme (or even talking about it) & also showing up councils for the liars & thieves that they are. To me this is a major step. Anyone know where we could write to Mr. Clarke to give him some more HPC conclusions?

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There was a lot of rubbish talked in his conclusions but on a very positive note it clearly showed the iniquity & stupidity of fatty Prescotts "Pathfinder" scheme. This is the first time I've seen a program openly criticising the scheme (or even talking about it) & also showing up councils for the liars & thieves that they are. To me this is a major step. Anyone know where we could write to Mr. Clarke to give him some more HPC conclusions?

Well said.

I wasn't aware that the cheap loans would be funded by the taxpayer. But this is money that would be paid back in due course. Besides, once a house becomes occupied then the council can start getting council tax and maybe rental income from it.

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Forget doubling council tax on vacant properties etc. High taxes are immoral, and methods would be worked out to avoid the tax.

Simply adopt a system of legislation similar to that in Germany, where tenants have better rights and landlords have more responsibilites. Renting is seen as a perfectly acceptable option in Germany, unlike the UK, because of their higher standards. It's the long-term solution to getting rid of the rotten UK slum-lords and BTL flippers in the UK.

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If there were to be a cap on rents then fewer people would buy houses. Many would suddenly realise that they could afford to rent their dream home instead of having to settle for some crappy two-up-two-down mid-terrace in shitsville.

There would be huge demand for top quality rental properties. Landlords would have to come up with new ways to price out the undesireables.

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Forget doubling council tax on vacant properties etc. High taxes are immoral, and methods would be worked out to avoid the tax.

Simply adopt a system of legislation similar to that in Germany, where tenants have better rights and landlords have more responsibilites. Renting is seen as a perfectly acceptable option in Germany, unlike the UK, because of their higher standards. It's the long-term solution to getting rid of the rotten UK slum-lords and BTL flippers in the UK.

No.

You as well be saying that slavery would have been ok in the U.S if the slaves had better rights and the slave owners more responsibilites. Yes this would have been a better situation from the slave's perspective but it's a cowardly way of addressing the problem.

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