Changes to Housing benefit how much will rents fall?

ukcarper

Silverbull wrote: »

What will the affect be on the poor country folk to suddenly have all these benefit claimants moved into their little towns?

.

Non at all unless they build some more houses

drc

Silverbull wrote: »

There is no solution.

People who are not earning above average wages will not be able to live in London.

This will have a huge impact.

Yes, but that's just life isn't it. Not everything is fair and you can't always get what you want. I'd love to live in Central London but I can't afford it so I live in the suburbs.

ukcarper

drc wrote: »

Yes, but that's just life isn't it. Not everything is fair and you can't always get what you want. I'd love to live in Central London but I can't afford it so I live in the suburbs.

But would you commute for minimum wage

the_flying_pig

silvercar wrote: »

IS this a problem? A lot of us can't afford to live in the smartest areas of town.

If you work somewhere to expensive to live, you commute. If you don't work you don't even need to commute.

exactly, what a load of crap. it sounds fairer and more affordable to me.

Silverbull

So are most in agreement rents and houses price are to come down when this all starts happening?

chucky

Silverbull wrote: »

So are most in agreement rents and houses price are to come down when this all starts happening?

not if the Mayor gets his own way... and we all know that Boris always gets his own way...always...

Tenants who provide a good reason to stay in their area - such as having children at local schools or caring for a relative living nearby - could be exempt. Others could qualify for cash from an enlarged £20million government hardship fund to help them move to a cheaper property.

The Standard has learned that ministers are also looking at plans proposed by Boris Johnson to pay housing benefit directly to private landlords to cushion them against tenants falling into arrears.

Under the proposals, the hardship fund, distributed by councils, would be doubled to £20million this year and then rise to £50million to help tenants. "We want the lion's share of this ring-fenced for the capital and IDS has been pretty encouraging on this," the source said.

http://www.thisislondon.co.uk/standard/article-23884963-mayor-seeks-reprieve-for-london-tenants-hit-by-housing-benefits-clampdown.do

so are we in agreement that rents and house prices will not be impacted as much as some people hope for if/when this goes through?

Silverbull

As much as some people hope for?

You could say "rents and house prices will only fall a little the falls will be no more than some people hope for"!

Rents and house prices will fall, especially in London the debate is how much.

chucky

Silverbull wrote: »

As much as some people hope for?

You could say "rents and house prices will only fall a little the falls will be no more than some people hope for"!

Rents and house prices will fall, especially in London the debate is how much.

you should really read the article - it may help you understand...

ukcarper

House prices in Chelsea and Mayfair could fall 50% and people on average wages still wouldn’t be able to buy them and prices in less expensive parts would have more demand.

silvercar

Prices in these little countryside towns that the whole of the great London unwashed are moving to will rocket.