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Albert Square ... How Do They Afford Their Houses?

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Comments

  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    dmg24 wrote: »
    LHA/ HB rates in London are very high. Someone could be earning £20,000 and still qualify for a fair amount of assistance.
    If I were earning £20k it'd never occur to me that anything could be claimed. I only recently learnt (from MSE) that single people could claim if they were over 25, lived alone in a self-contained place and worked more than 30 hours/week. I bet most singles don't know there's anything, so wouldn't claim. Mind you, mostly, if you tried to look it up online it'd tell you that if you earn £13-14k then there's unlikely to be any claim at all, so there'd be another bunch that might have looked and thought at that point there'd be nothing.

    I don't claim as I assume there'd be nothing because I'm just above the £13-14k bit and it's almost impossible to say how much I earn at any one point until after the end of the tax year anyway. So, again, single, self-employed people with irregular earnings wouldn't bother.

    I guess until I came to MSE and saw the benefits board, I had NO IDEA just how much was available for raking in for some people under some circumstances. No idea whatsoever. I just thought that if you had kids you got £10/week child allowance and everybody actually earnt their own money.

    I used to wonder how come so many people seemed to have so much money etc. Now I know.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    I don't really watch it. Did when it started, now I've no idea who half the people are.

    I always thought that a cat's brain is too fast to watch our TV. A TV is made up of dots of light moving across the screen at a particular speed - we see it as a picture because of the speed our brain translates the light. I understood that a cat's brain worked faster, so saw the dots.


    I've no idea how they see it, but they love it. so does my dog-dog...checks the other side of the tv to see where they go when they walk off screen. :rotfl: Nature programmes are always a big hit too.

    http://www.cattv.com/catwebsite.htm the gophers are a big hit on this site, though all entertain for a little while.
  • I love this thread!

    I would also like to know (just kidding!) how come none of them seem to own a washing machine, as they're always in the laundry.

    If you live and work in the Square, you can't go home to make a cuppa at lunch time, but go to the Kaff.

    Also, there is always somewhere to park!!

    :rotfl::rotfl:
    MFW 131
  • hieveryone
    hieveryone Posts: 3,865 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    dmg24 wrote: »
    Glad to see I am not the only one that thinks about things like this ... ;)

    I seem to recall that some of them are council houses - am pretty sure the Slaters house is. However, how they would qualify for social housing with an almost all adult household is beyond me (Zoe was school age when they moved in)!

    LHA/ HB rates in London are very high. Someone could be earning £20,000 and still qualify for a fair amount of assistance.

    Another example of people living beyond their means is/ was Friends. Few of them had regular work, yet they could afford Manhattan rents, and ridiculously expensive furniture!


    I remember the Friends writer defending this once - he said that the reason they could afford that apartment in the storyline was 'rent control' - an old New York law that allowed rents to be capped at a certain level.


    Bought is to buy. Brought is to bring.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    hieveryone wrote: »
    I remember the Friends writer defending this once - he said that the reason they could afford that apartment in the storyline was 'rent control' - an old New York law that allowed rents to be capped at a certain level.

    There are still some few rent control places left in London.
  • bo_drinker
    bo_drinker Posts: 3,924 Forumite
    It's not real !!!!!!. :confused:
    I came in to this world with nothing and I've still got most of it left. :rolleyes:
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 6 December 2009 at 9:20PM
    hieveryone wrote: »
    I remember the Friends writer defending this once - he said that the reason they could afford that apartment in the storyline was 'rent control' - an old New York law that allowed rents to be capped at a certain level.
    Yes, they have rent control in NY. My friend has a flat there under rent control and he's always feeling smug at how cheap his flat is compared to if he was moving in now. When you move in, rent increases are fixed/low, so over time you really get behind the market rate.

    My friend currently pays $1000 for a 1-bed flat.

    Also, he is allowed to move out and sub-let it, which a lot of people do to hold onto their cheap flats. However, he had to recently help somebody evict their sub-letter as they weren't coughing up the rent.

    He's also currently on the dole - and gets $1800/month dole money for 99 weeks (single person rate). He has to pay his rent out of that, so he gets rent paid and $800 in his pocket.

    Edit: Just checked, market value on it is $1300/month. He gets 23% off.
    http://en.wikipedia.org/wiki/Rent_control_in_New_York

    Edit2: It's rent stabilized he's in, not rent control.
  • hieveryone
    hieveryone Posts: 3,865 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I'm moving back to New York!


    Bought is to buy. Brought is to bring.
  • sjaypink
    sjaypink Posts: 6,740 Forumite
    my cats LOVE it, the shoutier the better, so when I remember I put it on for them so often watch. They love it more than cats.tv on the net (which they also love.)
    :rotfl:that really made me laugh!
    There are still some few rent control places left in London.
    really? sounds interesting.... never heard of anything like this before
    We cannot change anything unless we accept it. Condemnation does not liberate, it oppresses. Carl Jung

  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    sjaypink wrote: »
    :rotfl:that really made me laugh!


    really? sounds interesting.... never heard of anything like this before


    Doesn't make the rest ofmy family laugh, they are horrified. Cats don't care though, and I don't realy mind. Its not like they know when it comes on and can demand it :)


    When I say ''some'' rent control flayts I mean almost as rare as hens' teeth, AFAIK
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