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If everyone in the UK simply rented
Options
mpsavuk
Posts: 296 Forumite
Then we would all be far, far better off. Imagine having:
No stupid property market that wrecks the economy and peoples lives when it all goes wrong
Renting off corporations or Businesses that own the propertys - let them worry about buying and selling. The values would rise over time.
Protected rents by Law - Can only rise at the rate of inflation
Protected Tenancies - Fair contract to both parties.
Paying say £500pm to rent a nice 3 bed place instead of being a £1000pm + two job, mortgage debt slaves, loads more money in our pockets. We could save up for things we want instead of maxing out on credit cars, personal loans etc. We would all have saved up decent pensions when the time comes as well.
Able to make any alteration to rented house by law - So the home improvement market would still thrive
Able to keep pets by law - nice for the kiddy winks
No estate agents - Licenced rental agents only.
More mobility - No worries about having to sell the house when you want to move jobs/areas.
I could go on!
:rotfl:
No stupid property market that wrecks the economy and peoples lives when it all goes wrong
Renting off corporations or Businesses that own the propertys - let them worry about buying and selling. The values would rise over time.
Protected rents by Law - Can only rise at the rate of inflation
Protected Tenancies - Fair contract to both parties.
Paying say £500pm to rent a nice 3 bed place instead of being a £1000pm + two job, mortgage debt slaves, loads more money in our pockets. We could save up for things we want instead of maxing out on credit cars, personal loans etc. We would all have saved up decent pensions when the time comes as well.
Able to make any alteration to rented house by law - So the home improvement market would still thrive
Able to keep pets by law - nice for the kiddy winks
No estate agents - Licenced rental agents only.
More mobility - No worries about having to sell the house when you want to move jobs/areas.
I could go on!
:rotfl:
0
Comments
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I do not uderstand why people are so desperate to get in to the "property ladder". This is one of the reasons why the market is so inflated. I cannot understand how people buy "shoe-box" flats in Greater London for £200K+
Just rent and save as much as you can. When the market stabilises you (including me) will be able to afford something. In the mean time, enjoy a bit of life and don't be a "mortgage slave". :beer:0 -
I like owning my own home.:D0
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Who would people rent the houses from?0
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Hopefully better control over bad neighbours... turf the f.eckers out0
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I'd have been deliriously happy with a council house, if things hadn't changed so that there were none, so that priority cases were matched first.
If there'd simply been enough so that everybody who wanted one could have one, then "nice people" would once again rent them (like it used to be when everybody had a chance). And people could put down roots, so neighbourhoods would be better looked after as everybody had a long-term view to where they were living.
And those of us who were less well off wouldn't have a lifetime of being a peasant because we were forced to privately rent or buy something it was hard to afford (but you felt you had to).0 -
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be a mortgage slave - when your in your fifties or maybe sixties nothing more to pay.
or just rent and watch your payments rise with inflation every year and still be paying till the day you die.
prices crashing ? who cares, get on the ladder treat a house as some where to live rather than an investment , and long term you will be quids in0 -
I will only be interested if there was Right 2 Buy legislation with these rented houses, then I will grab the 60% discount!!!Notlob0
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