House Waiting Lists between 10 and 33 YEARS

the_ash_and_the_oak

ses6jwg wrote: »

wasted money though

Don't really get this could you expand?

IveSeenTheLight

the_ash_and_the_oak wrote: »

nope - social housings role has been increasingly taken over by private rental and btl imo

Agree.
However, the OP's topic was about social housing and their waiting lists, so your personal situation of not having to wait for private rental properties is irrelevant.

ses6jwg

you are paying rent each month which could be paying towards an asset i.e. a house.

nowt wrong with renting whilst "between houses" imo but renting the whole of your life I see as just plain daft.

renting should be as limited as possible.

the_ash_and_the_oak

IveSeenTheLight wrote: »

Agree.
However, the OP's topic was about social housing and their waiting lists, so your personal situation of not having to wait for private rental properties is irrelevant.

see where you are coming from but did become a bit less irrelevant when the inference was that more building was required when it seems pretty clear that private rental and btl are perfectly adequate for that imo

Alan_Cross

Social housing waiting lists, in the state they are today, are a direct result of the wonderful Thatcher years. Seek ye no other cause.

IveSeenTheLight

the_ash_and_the_oak wrote: »

see where you are coming from but did become a bit less irrelevant when the inference was that more building was required when it seems pretty clear that private rental and btl are perfectly adequate for that imo

If there were more social building then this would reduce the waiting lists.
Do you advocate that social housing can be provide by private rental properties?
If so, it's a good job that private rental has picked up the drop in social housing stock to be able to provide those people with the option of renting.

the_ash_and_the_oak

ses6jwg wrote: »

you are paying rent each month which could be paying towards an asset i.e. a house.

nowt wrong with renting whilst "between houses" imo but renting the whole of your life I see as just plain daft.

renting should be as limited as possible.

hmm good point altho tbf the rent I pay is less than mortgage interest so I'm kinda saving more than I would if I was paying off a mortgage right now imo - also I live in London so really I'm kinda paying 520 a month to live in a good house (well 780 till other friend comes back in spring) and not really sure where I could buy somewhere that the interest payments would be less than that imo - i mean over the next 3 years I guess my rent will go up tho thats never really happened to me before in fairness and I'd prob pay off some of the mortgage but less than I can save really because of rent being less than mortgage interest imo

the_ash_and_the_oak

IveSeenTheLight wrote: »

Do you advocate that social housing can be provide by private rental properties?
If so, it's a good job that private rental has picked up the drop in social housing stock to be able to provide those people with the option of renting.

absolutely!

the_ash_and_the_oak

houses need people
people need houses
put one in the other
everyone wins imo

IveSeenTheLight

the_ash_and_the_oak wrote: »

absolutely!

BTL therefore picked up the gap in available rental properties as social housing was sold off.
It wasn't BTL as the root cause of pricing out FTBers, it was the government selling off social housing stock.