Friday, November 11, 2011
Cast a vote
Is the rental market working?
The Guardian has asked a number of people with knowledge of the rental industry for their opinions on whether the market is working correctly. What do you think?
Posted by dill @ 10:45 AM (3515 views)
6 thoughts on “Cast a vote”
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khards says:
You know a market is now working when you need to ask the question is it working.
You don’t find people asking if the ‘second hand computer’, ‘wholesale meat’ or ‘stainless steel cutlery’ markets are working correctly.
dill says:
@1
None of the things you mentioned there are fundamentally essential to well being. A decent, affordable roof over your head is.
khards says:
No meat then I would die 🙂
mark wadsworth says:
For all its faults, the rental market works reasonably well from the point of view of optimising use of existing housing.
Sure, tenants are overpaying and landlords effectively live off subsidies provided by the land ownership/tax system, but at least very few people rent somewhere bigger than they actually need or want. Now, if only we could reverse the system of subsidies to land ownership and apply the same market discipline to ALL land ownership…
mombers says:
MW, you beat me to it! There’s no sympathy for the poor widow who is renting a suitable 1 or 2 bed house but was in a 5 bed place at some stage in her life.
inbreda says:
MW – I think I can help you here. I have heard of this thing called an “LCDTV” which might solve your problems