Rents Continue Rising

Graham_Devon

Just remember, according to Hamish, this would be profiteering if Tesco put their prices up.

As it's BTL landlords, this isn't profiteering.

HAMISH_MCTAVISH

Graham_Devon wrote: »

Just remember, according to Hamish, this would be profiteering if Tesco put their prices up.

As it's BTL landlords, this isn't profiteering.

No graham, you prize ninny..

It would be profiteering if 4 landlords owned 90% of the properties in Britain, and used their semi-monopolistic position to raise the rents even if there was no increase in demand nor reduction in supply.

geneer

HAMISH_MCTAVISH wrote: »

Funny how the prices here stopped falling and bounced back quickly, just like they di.... No, wait.

That's right, Ireland is still falling.:rotfl:

As is the uk Hamish.
Or did you miss the 2010 Decovery. :rotfl:

Graham_Devon

HAMISH_MCTAVISH wrote: »

No graham, you prize ninny..

It would be profiteering if 4 landlords owned 90% of the properties in Britain, and used their semi-monopolistic position to raise the rents even if there was no increase in demand nor reduction in supply.

You are struggling here Hamish. It's obvious.

Your viewpoints are just hypocritical. Slamming one sector for raising prices, while loving the fact another sector has done the same thing.

You are trying to hard to break one sector down into 4 business's, while playing on the image that BTL is made up by hundreds of thousands of individuals. Introduces the hundreds of thousands of shreholders in those 4 companies and your point becomes worthless, and you just end up sounding hypocritical.

DervProf

julieq wrote: »

Geneer, you c0ck

Thanks julieq, that made me smile.

I hope you said it how I imagine it was said (with a hard "c0ck").

Oh, I see what I did there.

Jimmy_31

chewmylegoff wrote: »

if rent is exploitation, then so are electricity bills. what a nonsensical argument.

Well what with the massive amounts of profits the leccy companys make from pensioners flicking on the fan heater in the hope of surviving the night, you might just be right

Jimmy_31

HAMISH_MCTAVISH wrote: »

Yes.



Not half as much as the stick we got from housing bears when they thought we were going to get a stonking great crash.

Has the crash been cancelled, let me know asap.

Cleaver

B_Blank wrote: »

It is also terrible for the economy when people are having to pay alot out on rents and so cant save a deposit to buy a house, and cant spend to help the economy.

Let's say your rent to your landlord is £300 and that leaves you with £300 to spend. Your landlord now has £300 to spend in the economy and you have £300 to spend in the economy. Total available spend in the economy = £600.

Let's say your rent to your landlord is £600 and that leaves you with £0 to spend. Your landlord now has £600 to spend in the economy and you have £0 to spend in the economy. Total available spend in the economy = £600.

I'm not saying "yah, rents are going up!" by the way, I'm just pointing out that your argument about rents being high and this stopping spend in the economy is a bit flawed.

Jimmy_31

Percy1983 wrote: »

So I was right the first time?

You beat me to it:rotfl::rotfl::rotfl:

Cleaver

Graham_Devon wrote: »

Your viewpoints are just hypocritical. Slamming one sector for raising prices, while loving the fact another sector has done the same thing.

You are trying to hard to break one sector down into 4 business's, while playing on the image that BTL is made up by hundreds of thousands of individuals. Introduces the hundreds of thousands of shreholders in those 4 companies and your point becomes worthless, and you just end up sounding hypocritical.

The hundreds of thousands of shareholders in Tesco and the other three supermakets have no say whatsoever in the prices on the shelves. So there is a difference.

If Tesco, Sainsbury's, Morrisons and ASDA all decide to put up the price of milk (and I'm not saying they are) then it's relatively easy to organise. It's not really that easy for hundreds of thousands of landlords to all decide to all put up their prices.

Having said all this, obviously if Tesco just decide to charge more for milk for no reason, and a landlord decides to put up his rent for no reason, then I guess you could label both as 'profiteering'. But then if someone buys the milk, and another person rents the property, it's fairly clear that they priced their product correctly within the market place in which they operated.

As a final point could I ask people not to buy stuff from Tesco? They pull the ears off cows and stub cigarettes out on lambs, amongst lots of other henious things.*




*Allegedly.