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Changes to Housing benefit how much will rents fall?

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Comments

  • MrEnglish
    MrEnglish Posts: 322 Forumite
    silvercar wrote: »
    A lot of people in receipt of housing benefit in expensive areas of London are people who are working. They only get HB because rents are so high, the rest of their income is from earnings. They don't get full rent paid but a help towards the high rents. They will be unaffected by the £500 cap.


    I think you will find the majority qualify for working tax credit and child tax credit.

    So my point remains, £500 total benefits cap will make families like this want to move away from London.
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    ukcarper wrote: »
    But how many LibDem defectors would it take.

    The coalition was set up so that the total number of LibDems in government is substantially higher than the number of Lib Dem votes that are needed to secure the government a majority.

    Due to the way our democracy works, if you are in government and you vote against the government, you have to resign.

    So, the short answer to your question is 'too many'.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    It could be all changing now anyway...

    http://www.bbc.co.uk/news/uk-11633163
  • A question that occurred to me in light of this: I was made redundant about 7 years ago. I didn't sign on for various reasons (pride, horror of Croydon Job Centre, the correct expectation that I would get another job fairly quickly etc). Would I have been eligible to have had my rent paid through the benefit system during the 4 weeks I was between jobs?
    They are an EYESORES!!!!
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    tomterm8 wrote: »
    The coalition was set up so that the total number of LibDems in government is substantially higher than the number of Lib Dem votes that are needed to secure the government a majority.

    Due to the way our democracy works, if you are in government and you vote against the government, you have to resign.

    So, the short answer to your question is 'too many'.

    That's what I thought.
  • silvercar
    silvercar Posts: 49,936 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    A question that occurred to me in light of this: I was made redundant about 7 years ago. I didn't sign on for various reasons (pride, horror of Croydon Job Centre, the correct expectation that I would get another job fairly quickly etc). Would I have been eligible to have had my rent paid through the benefit system during the 4 weeks I was between jobs?

    Goodness knows what the rules were 7 years ago, but in theory yes if you had savings of less than about £8,000 and you weren't still working out your notice period.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • olly300
    olly300 Posts: 14,738 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    MrEnglish wrote: »
    I think you will find the majority qualify for working tax credit and child tax credit.

    So my point remains, £500 total benefits cap will make families like this want to move away from London.

    If they move they won't have jobs, so why would they want to move?

    Most of them would struggle on until the debt they get in becomes untenable.
    I'm not cynical I'm realistic :p

    (If a link I give opens pop ups I won't know I don't use windows)
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Looks like the cap will go ahead. Downing Street have denied any u-turn.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    silvercar wrote: »
    Goodness knows what the rules were 7 years ago, but in theory yes if you had savings of less than about £8,000 and you weren't still working out your notice period.

    People think this is a new thing I know someone who was living in a very nice house on HB nearly 20 years ago.
  • olly300 wrote: »
    If they move they won't have jobs, so why would they want to move?

    Most of them would struggle on until the debt they get in becomes untenable.

    Unemployment will go up considerably there is no doubt.

    But to try and reduce the huge housing benefit time bomb is much more important.

    Its all very well sitting there saying "If they move they won't have jobs, so why would they want to move?" But what is the other option?

    They could stay in London using nearly all of their 500wk to pay rent council tax and bills, maybe a little left over for rice and water just to keep them alive.

    Or they could move far away from London (yes unemployment will go up) and have some money left over for proper food.
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