The rental market

ukcarper

I though a lot of young single people house shared I know my stepson did when he came back from uni

Damaged

Cleaver wrote: »

They can't. But then this isn't representative of the jobs people are doing in the area is it? It's a few select jobs from an employment agency. If I go to Reed's website, stick in my region and a minimum salary of £50,000 I get 'over 100 jobs' returned:

Project Manager - High Spec - £50 - £55k
Consultant Sales Specialist - £30 - £90k
IT Development Manager - £55k
Senior Business Partner - £65k
Financial Controller - £55k

These are all on the front page. So should we take from this that it's a wonderful world where it's easy to earn good wages? No, of course not. It's just a recruitment website with a load of jobs on it.

perhaps, but there are still people out their earning that kind of money

Damaged

ukcarper wrote: »

I though a lot of young single people house shared I know my stepson did when he came back from uni

It is the norm as far as I am concerned.

PasturesNew

Cleaver wrote: »

Yes, we probably would. Aren't 50% of people going to uni nowadays? Therefore we do ask for a degree for most roles. Same as when I worked in the private sector really.

So you only employ young people too ... isn't that ageist?

Older people have had less chance of getting a degree.

PasturesNew

Cleaver wrote: »

This is pretty much what you'd expect from an employment agency though isn't it? Low-paid and temp roles that are probably not filled with existing employees.

This is not representative of the average salaries people earn, it's representative of the jobs being advertised by Reed in your area. Which are two very different things.

And how about a Management Accountant on £19k? Blimey, I've not met many Finance Managers who'd let someone on £19k manage the accounts for a portion or all of their business.

http://www.salarytrack.co.uk/average-management-accountant-salary.html

Reed isn't just an employment agency. Anybody can advertise any vacancy on their website, for free.

PasturesNew

ukcarper wrote: »

I though a lot of young single people house shared I know my stepson did when he came back from uni

Not all single people are young though.

ukcarper

PasturesNew wrote: »

Not all single people are young though.

Thats true

IveSeenTheLight

PasturesNew wrote: »

I'd just like to say: rents are still too high/unaffordable.

You can say that, but surely there is sufficient demand to support those prices, else they would lower.

Were getting back to the point that you need an increase in properties to drive prices / rents lower.

PasturesNew

IveSeenTheLight wrote: »

You can say that, but surely there is sufficient demand to support those prices, else they would lower.

Were getting back to the point that you need an increase in properties to drive prices / rents lower.

Well, here, the 'sufficient demand' is because of a shortage as most places are rented as holiday lets (so empty most of the year) - and how much they can get as a holiday let helps determine the local residential lettings value ... which then sets the LHA.

If you have somewhere to rent out and you can rent it 20 weeks of the year for £300-700/week to holidaymakers, or full-time to somebody on an AST for £500/month, it's easy to see the holiday market's more attractive. 20x£400 would be £8k. £500x12 would be £6k. Easy choice for landlords. Splash of magnolia and a flick through a lifestyle magazine for soft furnishings, bung it on the holiday lettings market.

And, without being on benefits, or in a couple, they're too bl00dy expensive.

olly300

PasturesNew wrote: »

So you only employ young people too ... isn't that ageist?

Older people have had less chance of getting a degree.

I actually agree with you.

If an employer, particularly in the public sector, refuses to employ someone without a degree but relevant experience then they run the risk of an ageism claim against them.

I had to explain to a friend of mine a few months back that asking for a degree for the PA role that their public sector department was advertising for would be ageism.

I've worked in plenty of places where the PA was either a young graduate an older person with lots of organisational experience.

From personal experience I know if you want to keep a PA then you employ the older person.