Saturday, January 4, 2014

Just who are the real layabouts and scroungers in our society?

Money Renting property Buy-to-let property supremo shuts door on housing benefit tenants

Sleazy rent creamer summarily evicts 200 tenants (1/5 of his 1000 tenants) because they are on housing benefit. I hope he sent them a Happy New Year card. He comments that rents have gone north whilst housing benefit has gone south, and that eastern european migrants are better tenants. Any second thoughts from those of us who proposed that lower HBs would translate seamlessly into lower rents?

Posted by nickb @ 10:20 AM (3265 views)
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15 thoughts on “Just who are the real layabouts and scroungers in our society?

  • financial planner says:

    Has happened in London. 2 bedders all over down 15-20% from £2k pm to £1500/1700/m

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  • Here it says rents have been increasing overall, including in the capital. http://www.theguardian.com/money/2013/dec/20/rents-rise-twice-as-much-as-earnings.
    >Rents rose fastest on an annual basis in London, where they increased by 4.4%, followed by the south-west (3.4%) and the south-east (3.2%).
    >Rents fell by 5.5%, or an average of £42, in eastern England, 2.8% in the West Midlands, and 2% in the north-east, Yorkshire and the Humber.

    Figures from LSL Property Services.
    N

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  • After WW2 the government built council homes at the rate of 300k per year.

    They could easily do that today, but since they are all banksters and landlords they wont.


    At the end of the day you do need somewhere to put working people, the poor and the incapable. The private sector has failed and it would do because all it is interested in is profit and not peoples well being (like today’s government)

    http://www.bbc.co.uk/news/uk-14380936

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  • @Khards
    I have my doubts that it is basically a supply side problem. The stats (ie. the series in “social trends” collected by DCLG) say that there are more dwellings per head of population now than there were at any time in the series including the 1950s. But we can put that in brackets because the public sector building boom of social housing is not going to happen in any case. So what’s to do in the here and now?
    N

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  • @nickb, “there are more dwellings per head of population now than there were at any time in the series including the 1950s”. Families are smaller, there are lots of empty nests and single parents compared to the 50’s. How do you account for less people living in each property? There may be more dwellings per head, but that doesn’t mean that there isn’t a acute supply shortage of both rental and property for sale.

    Supplying much much more council housing would move people from private rental (thus saving 30 billion housing benefit), it would also force landlords to liquidate those private rentals thus putting supply back into the market.

    “public sector building boom of social housing is not going to happen in any case.” – so what do we do with the poor? Judith and Fergus et al don’t want them, they have spoken. The councils aren’t allowed to house them – housing being sold off with 70% discount.

    These people will end up on the street before long then the government will be forced to build more council housing. We are already seeing entire families living in B&B’s and bedsits.

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  • @Khards
    Yes I agree with these points but in my view they reinforce that it is not just a supply side issue. There are also the multi home owners to consider and the abandonment of regional economic & social planning. Equally importantly there is the link between rents and house prices driven by credit conditions.
    So what do we do with the poor? That was my question too – but I see it as a question of what to do about the rising prices, rents and the new rentier class. Pitch forks time?
    N

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  • Here in Ireland there is an excess of property – more empties than you can shake a stick at. In the less desirable areas you can rent a good 4 bed semi for €500 – €600 per month. In the more desirable areas such as city areas, rents are much higher at €1200pcm for the same type of house.
    I don’t see this mechanism working in the UK, rents and prices are equally high in outlying areas and city centers and that is the primary reason I believe there is a supply shortage in the UK.

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  • In Ireland as I understand it there was a credit bubble that was forced to pop because thanks to the Euro the government was not in a position to prop up sky high prices, in contrast to the UK. The bubble wasn’t brought down by the construction boom. Ireland now has loads of empty properties everywhere and a countryside “with measles”. It seems to me that there must be a better way to go than replicating that in the UK. But anyway, even if I am wrong about that, construction is not in the short term going to help the low income serfs who are getting shafted and turfed out as per the article.
    N

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  • Regarding supply, for what it’s worth the industry will say the big barriers are the old bureaucracy/planning problem and the breaking of supply chains and loss of skilled labour resulting from the 2007-10 slump in construction work.

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  • The problem is the cost of land, whether new build or to redevelop. We need policies to bring down the price of land and increase jobs and incomes. I wonder what is the best solution for that….

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  • A friend on mine in Ireland paid €40k for 1/2 acre building site with full planning for a 5 bedroom 300sqm house.

    In the UK that plot would be nearer 1/2 million if indeed such a plot even exists.

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  • This may annoy a few posters, but….

    …I’ve known a few people who have let to benefit tenants and become seriously unstuck. In each case the Landlord had only one property and the benefit tenants had the support of a whole industry of priviledge seekers.

    Why let out your spare property to get it trashed by dim people who like to party but don’t want to pay rent and think the world owes them a roof over their heads..and electric, and gas, and water ….etc.

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  • Why let out your spare property to get it trashed by dim people who like to party but don’t want to pay rent and think the world owes them a roof over their heads..and electric, and gas, and water ….etc.

    Nice.

    Why not just gas them at any point that they lose their job & save the space that their uneducated, lazy, feckless frames take up? We could burn off the bodies to provide cheaper energy to decent, hard working, middle class people, who want to get on?

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  • @tt
    There are sub-groups of people who think the world owes them a living. I don’t want to subsidise them. I think subsdising HS2 is a better use of money (and that’s the furthest I’m prepared to go to support looney moneywasters of any party).

    If they want to party and not pay their bills – fine. All we need is a dim clueless landlord who doesn’t want to collect rent and get his house trashed for free.

    Gassing unfortunate people who have genuinely lost their job is wrong – find them another job through our wonderful employment exchanges.

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  • @Alan

    I always find it so difficult to distinguish between those who have no job & those who ‘genuinely’ have no job, those who are poor, and those who are ‘genuinely’ poor etc, as they usually seem to have so much in common.

    Sounds like you have some sort of system to sort all that out though, so good stuff. And we get a shiny new train from the savings too, so whats not to like?

    Hay, maybe we could chain up the ‘ disingenuous poor’ into some sort of ‘chain gang’ & make them lay the tracks in exchange for bread & Soup?

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