Thursday, November 17, 2016

Usual nonsense from the Residential Landlords Association

'Rent costs mean we keep having to move home'

I actually submitted evidence about this to a Government paper on the Private Rental Sector a few years ago. Some of the other evidence was very similar to this article - Kids having to move every six months at the whim of the Landlords. The Residential Landlords Association nonsense that I refer to is that if life is made more difficult for them there will be a shortage of Rental Properties. If there is a shortage of anything it is of affordable properties to buy. My first house, bought in 1986 was an almost new two bedroom "Starter House" in a road of about 30 similar houses. They were all owner occupied. Nowadays, most have probably been bought by Landlords.

Posted by tenyearstogetmymoneyback @ 11:28 PM (6018 views)
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4 thoughts on “Usual nonsense from the Residential Landlords Association

  • Trevor Locke, 68, lives in a one-bedroom flat in Leicester. He pays £450 a month, and gets about £700 a month from his state pension. He also receives £250 a month housing benefit.

    But he doesn’t get the housing benefit does he. The landlord effectively gets the HB which comes out of your and my taxes.

    So on the one hand we don’t have a free market BUT when someone suggests rent controls that is anti the free market and horrific.

    Benefits are capped but LL rent isn’t. Go figure.

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  • Why doesn’t this 68-year-old receive the full cost of his rent from HB (rent £450, HB £250)? The cap is higher than that. And if he struggled to find the money to move he doesn’t have a stash of cash that would reduce his HB.

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  • Shameful

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  • So many of my contemporaries who rent now into middle age will be in this horrid position in a few decades. Housing benefit bill will be ginormous and overtake state pension costs most likely over time. A total tragedy.

    I still believe it is largely the result of uncontrolled immigration meaning that house builders simply cannot keep up.

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