Rising rents pushes 100,000 more into flatshares

Rhiannon01

I'm not surprised by this being a renter. Prices keep going up & up, has been for years. It is very expensive to rent a one bedroom alone with increasing bills and council tax. I know 5 bedroom house shares where I live where people are paying £400 each plus bills. Just for a small room. It's crazy.

Maybe the richer folk will keep buying houses to let keeping plenty of rentals.

Think local councils should sort of all the empty, run down, derelict buildings there are plenty about. Also in cities at least where I am flats are being built still even with the current financial crisis. Once the crisis is over think building will resume and we will be a nation of renters. If you think about the future generations who go to Uni will leave owing a hell of a lot of money & not all will end up in over payed jobs. Those who don't go to Uni, many of them will not have the income to buy a place of their own.

Makes me wonder with people being forced to sell their homes to pay for care when they are older. Where will the money to care for the older generation come from in the future with an increasing older population?

robmatic

I don't think it's an entirely terrible thing that people are 'abandoning living alone' as the source article states. Living in a single person household is one aspect of the atomisation of society, and we've just grown used to it being normalised - now it is obviously less economically rational.

There will obviously be less of a perceived housing shortage if singletons are not living in or aspiring towards a 3 bedroom semi-detached house of their own...

ukcarper

ruggedtoast wrote: »

The birth rate of indigenous non welfare dependent briton's is already grinding to a standstill.

Have you some proof of this

Graham_Devon

ukcarper wrote: »

Have you some proof of this

Will this kind of thing do?

Nearly one million young people in England are without work and are not in education, according to new statistics released by the government. In the second quarter of this year, 979,000 people aged 16 to 24 were neither in employment, education nor training – so-called “Neets” – a rise of 54,000.
This represents 16.2 per cent of young people, a rise of 1.8 percentage points in the past year.

http://www.ft.com/cms/s/0/80195904-ce6c-11e0-b755-00144feabdc0.html#axzz1VyL3AiNl

ukcarper

Graham_Devon wrote: »

Will this kind of thing do?


http://www.ft.com/cms/s/0/80195904-ce6c-11e0-b755-00144feabdc0.html#axzz1VyL3AiNl

That is not exactly proof of the above statement

Percy1983

Rinoa wrote: »

How will you ration out the houses if not by price?

How about we only give credit to whose who can prove they can handle it and save a deposit?

oh wait... thats what is happening.

ukcarper

Percy1983 wrote: »

How about we only give credit to whose who can prove they can handle it and save a deposit?

oh wait... thats what is happening.

How do you prove someone can handle the loan?

Percy1983

ukcarper wrote: »

How do you prove someone can handle the loan?

Credit history + ability to budget and save a deposit.

ukcarper

Percy1983 wrote: »

Credit history + ability to budget and save a deposit.

Not sure how you prove your ability to budget. As for saving a deposit that depends on your circumstances i.e. easier to save if you are living with parents.

Percy1983

The ability to save a deposit proves you can do some level of budgeting (in many cases).