Changes to Housing benefit how much will rents fall?

Strings

lynzpower wrote: »

Yes of course they do! Anyone low paid can get LHA contribution towards thier rent. Along with CTB if they are on a low wage also .

ok, so they get less of contribution and will have to find the rest themselves.

ILW

lynzpower wrote: »

So in that case then who run the librarys, the coffee shops, the bars, the restaurants, who cleans? Who works in chippies, macdonalds, the lower end of the health service? Who drives the buses, looks after children in nursery, is the teaching assistants in schools? Who care for the elderly or disabled on minimum wage?

The employers will just have to pay them more or go out of business. Quite a neat solution really. The taxpayer should not be subsdising Macdonalds and similare.

lynzpower

ILW wrote: »

The employers will just have to pay them more or go out of business. Quite a neat solution really.

Were employers paying staff more in the boom years to reflect the high cost of housing?

I dont remember that happening to me or many others on this forum at the time.

ILW

lynzpower wrote: »

Were employers paying staff more in the boom years to reflect the high cost of housing?

I dont remember that happening to me or many others on this forum at the time.

The reason they were not is because the housing is being subsidised by the taxpayer through housing benefit. If people cannot afford to live in an area then businesses will have to pay them enough or they will not be able to get any staff.

RDB

lynzpower wrote: »

The issue is that actaully, in london there is a huge lack of rental property and a very high demand. Even in the outer reaches of zone 5 where i have been viewing, EAs are doing block viewings (6 couples, for example) when a property hits the market, and will go on that viewing if it isnt a total hole.

I love these ideas that everyone will move out to the redbridges, Barking and dagenhams, harrow and barnet, but there are no void properties here, IMVHO.

Im sorry but this does not have the ring of truth to it.

It only takes a min to look on rightmove London how many properties have been vacant for 6 months or more.

There are so many flats and houses on the market, the only way they are going to find tenants is if they drop the price.

System

lynzpower wrote: »

So in that case then who run the librarys, the coffee shops, the bars, the restaurants, who cleans? Who works in chippies, macdonalds, the lower end of the health service? Who drives the buses, looks after children in nursery, is the teaching assistants in schools? Who care for the elderly or disabled on minimum wage?

All the people that don't moan, as per my post I guess.

MikeJ74

ILW wrote: »

I would have thought that the £400pw week cap would make a big difference in London, especially West and North where rents on 4 bedders tend to be over £2000pm.

Yes considering all these big families renting in London for about £2000 per week, where does this only £22 per week come from?

Even the many more £1000 per week housing benefit claimants.

If you believe that £22 wk figure you could also belive Hamish that actually this will make rents go up in London:rotfl:

lynzpower

RDB wrote: »

Im sorry but this does not have the ring of truth to it.

It only takes a min to look on rightmove London how many properties have been vacant for 6 months or more.

There are so many flats and houses on the market, the only way they are going to find tenants is if they drop the price.

Rightmove seriously does not reflect what is for rent in london, it just doesnt.

I have rightmove desktop that pops up new properties as they are listed on RM in 3 hourly intervals, as you ring them, they tell you, oh thats gone, I viewed that this morning and they took it.

I saw a flat locally, I rang about it, its gone, it went about 3 weeks ago, oh ok whys it still on your webiste, EA says RM takes an eternity to update.

One letting agent said to me couple weeks back "lettings is on its knees in london, there is too much demand and too many empty properties that cant sell, Ive never seen anything like it"

Strings

RDB wrote: »

Im sorry but this does not have the ring of truth to it.

It only takes a min to look on rightmove London how many properties have been vacant for 6 months or more.

There are so many flats and houses on the market, the only way they are going to find tenants is if they drop the price.

If that is the case and I am sure it is, then these places will not be effected by the drop in Housing Benefit allowance, the owner’s clearly don’t need it to be rented out otherwise they would have lowered the price a very long time ago

lynzpower

ILW wrote: »

The reason they were not is because the housing is being subsidised by the taxpayer through housing benefit. If people cannot afford to live in an area then businesses will have to pay them enough or they will not be able to get any staff.

Yes but what you are missing is this:

2 people working identical jobs, lets say they are nursery workers on 15k. Lets suggest that they are 45 years old

one needs housing benefit, she lives alone

one lives with her husband who works a job earning 90k, so needs no further state support.

Are you suggesting that all parents of the children in the nursery should be charged more so both can be paid more?

where do you think this extra revenue will come from to do this from the consumer?