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sarahbell

rents

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https://www.theguardian.com/money/blog/2017/dec/02/pensions-timebomb-rents-homeowners

 

go back in time a few years and when council housing was sold off, imagine that it was sold to the current occupiers for a quid.

 

housing benefit bill would be reduced, people would have been able to live on much smaller wages.

 

any argument about a lack of social housing for people in need currently.. well ther's barely anything available anyway.

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This is one of the things that concerned me a lot. How on Earth would I pay my private landlord after retiring on a modest income? Not that it's a concern to me now as I'll be moving into a council flat that's £200 a month cheaper than my current place.

There is going to be one hell of a Housing Benefit/Local Housing Allowance bill to pay over the next 20+ years. It's all very well the Government cabinet members 'looking after' their landlord buddies but once these tenants get too old to work then it's going to put a strain on the welfare state.

Best ramp up council house building right now. Otherwise the law may have to be changed that will force all private landlords to accept HB/LHA claimants!

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20 minutes ago, UmBongo said:

This is one of the things that concerned me a lot. How on Earth would I pay my private landlord after retiring on a modest income? Not that it's a concern to me now as I'll be moving into a council flat that's £200 a month cheaper than my current place.

There is going to be one hell of a Housing Benefit/Local Housing Allowance bill to pay over the next 20+ years. It's all very well the Government cabinet members 'looking after' their landlord buddies but once these tenants get too old to work then it's going to put a strain on the welfare state.

Best ramp up council house building right now. Otherwise the law may have to be changed that will force all private landlords to accept HB/LHA claimants!

Yep agree but I don't think that the newly built council houses will be going to retirees. Think Grenville. 

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2 minutes ago, whitevanman said:

If rents go down then so will GDP. The whole ponzi scheme relies on ever increasing asset values, rents and debt.

`And bodies. 

Which the article failed to mention in the first place as one of the main drivers for BTL and the rental sector. 

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31 minutes ago, UmBongo said:

This is one of the things that concerned me a lot. How on Earth would I pay my private landlord after retiring on a modest income? Not that it's a concern to me now as I'll be moving into a council flat that's £200 a month cheaper than my current place.

There is going to be one hell of a Housing Benefit/Local Housing Allowance bill to pay over the next 20+ years. It's all very well the Government cabinet members 'looking after' their landlord buddies but once these tenants get too old to work then it's going to put a strain on the welfare state.

Best ramp up council house building right now. Otherwise the law may have to be changed that will force all private landlords to accept HB/LHA claimants!

If I was the type to worry, it would worry me as well.

I know that my state pension won't cover the rent - primarily because I am competing against the state who keep rents high and have a lot more money than me.

I have accepted that, because of a random event 16 years ago, I will never actually retire.

But I do accept that to a degree I only have myself to blame.

 

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