Private Rents in England "Unaffordable"

Pimperne1

I think "unaffordable" might be today's "poverty":

http://www.bbc.co.uk/news/uk-15284892

Homes in these areas cost more than 35% of median average local take-home pay - the level considered unaffordable by Shelter's Private Rent Watch report.

I would imagine that many mortgages could be higher than this.

Graham_Devon

See Grant Shapps is still saying "we need to build more homes". Yes, indeed. How long have you been saying it fella?! He also recognises the problems. Well thats nice.

Will anything be done?! Ha, course not, were just recognising stuff!

Out,_Vile_Jelly

35% sounds great! I pay about 50%, but that's the price of being single.

Cleaver

Graham_Devon wrote: »

See Grant Shapps is still saying "we need to build more homes". Yes, indeed. How long have you been saying it fella?! He also recognises the problems. Well thats nice.

Will anything be done?! Ha, course not, were just recognising stuff!

Exactly what I thought. I reckon I could be housing minister:

"Essentially, the last government's record on house building was woeful with the level of house building the lowest sine 1823. We will be speaking to local councils to gently encourage them to possibly consider maybe looking at building more houses. And why, only this Tuesday, I'll be meeting with the CEO of large construction company to talk about building more houses. He'll tell me that even if they did build houses no one wants to buy them at these high prices and even if they did they couldn't get a mortgage. I'll hear that, agree with him, and write a paper on it. To be honest we're Torys and none of us rent anyway, so I'm not sure it's that big an issue? Good day to you all."

<rides away on penny farthing to check on status of four BTLs bought when Labour were in power and prices were rocketing>

Cleaver

Out,_Vile_Jelly wrote: »

35% sounds great! I pay about 50%, but that's the price of being single.

On the plus side you get to masturbate in the lounge whenever and as often as you like. Swings and roundabouts really.

Graham_Devon

Cleaver wrote: »

On the plus side you get to masturbate in the lounge whenever and as often as you like. Swings and roundabouts really.

And the kitchen too, if your feeling a little naughty.

Out,_Vile_Jelly

Only boys would instantly think of that as a benefit to living alone. Playing Boney M and Abba without sarcastic comment and going to the loo with the bathroom door open are my top advantages.

Cleaver

Interesting that rewired thanks the masturbating in the kitchen comment but not the one about the lounge. Is it possible that our silent friend is a cucumber fan?

runninglea

Dont get caught - I think you might get arrested 'single person caught masturbating on swing then roundabout'

HAMISH_MCTAVISH

Graham_Devon wrote: »

See Grant Shapps is still saying "we need to build more homes". Yes, indeed. How long have you been saying it fella?!

Somewhere around 100,000 houses were built last year, and the vast majority of that was social housing.

The biggest decline has been the lack of building for the private sector, and that is primarily because of the mortgage famine.

The only way significantly more homes will get built is if lending improves, be that lending to BTL or lending to FTB-s.

Builders won't build what they can't sell....

Brallaqueen

Out,_Vile_Jelly wrote: »

Only boys would instantly think of that as a benefit to living alone. Playing Boney M and Abba without sarcastic comment and going to the loo with the bathroom door open are my top advantages.

I enjoy being able to wander around looking like the Wild Man of Borneo first thing in the morning!