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Number Of London Renters Becoming Homeless Increases 700% In Five Years

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http://www.independent.co.uk/news/uk/home-news/number-of-london-renters-becoming-homeless-increases-700-in-five-years-a6779586.html

The number of people in London becoming homeless due to the ending of shorthold tenancies – the type most commonly held by private renters – has increased more than sevenfold since 2009/10.

According to a report released by the Department for Communities and Local Government, 6,790 London households in 2014/15 were made homeless following the end of their tenancies, up from just 930 households five years before. It means that 39 per cent of the London households that became homeless were for that reason, compared to just the 1 per cent of those who had their homes repossessed due to mortgage arrears. The city, whose average monthly rents hit £1,500 for first time in June, accounts for two fifths of England’s renters becoming homeless in this way. It is the fifth consecutive year that homelessness has increased in England.

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This is going to happen nationally post 2017 when landlords get taxed on rent rather than profit. They will not be able to accept rent if they have high mortgages and as such will have no logical choice but to evict their tenants.

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Disgusting. The politicians should hang their heads in collective shame for it is solely they to blame for this situation by their policies that do no general good to compensate.

According to John Stuart Mill the political process should try and result in decisions that lead to increased 'happiness' in the community, to improve the general good and utility. There is nothing in what has been done in the last 20 years that could by any measure have been said to have improved the general lot of the community...only the few.

Quite. They won't be happy until we are back to the days of 6 people to a room though.

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This is going to happen nationally post 2017 when landlords get taxed on rent rather than profit. <b>They will not be able to accept rent </b> if they have high mortgages and as such will have no logical choice but to evict their tenants.

What are you babbling about? The tax can't exceed the rent.

Edited by 65243

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The irresponsible sociopaths that all too often end up in the provision of private rented housing in the UK have got it coming, bigstyle. Hopefully they will feel relieved to only be bankrupt rather than in jail for predatory avaracious practices which have no place in a 'civilised' country.

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