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Poor slightly priced out! Today's Groaner

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Comments

  • The problem is most acute in central London, where in two of the country's richest boroughs – Westminster, and Kensington and Chelsea – more than 35,000 homes will at a stroke be put out of reach of people on housing benefit.

    As they also probably already were for most average working people anyway.
    Nothing is foolproof, as fools are so ingenious! :D
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Indeed, that sort of money could get you a nice place - it's certainly enough to get a nice flat in Clifton which is one of the poshest areas round here (Bristol).

    The £250 is not universal and the 2 bed rate in Bristol is currently £144 a week.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    EdgEy wrote: »
    Just seen a bloke renting in Maida Vale apparently being paid £1k/week housing benefit. On the BBC.

    Let's see, starting graduate salary £40k in Central London.. hang on.. something doesn't quite add up here...
    It was £2k/week. £100k/year.
  • ukcarper wrote: »
    The £250 is not universal and the 2 bed rate in Bristol is currently £144 a week.

    That sounds more reasonable I suppose. I wonder why this isn't mentioned in the news.
  • drc
    drc Posts: 2,057 Forumite
    EdgEy wrote: »
    Just seen a bloke renting in Maida Vale apparently being paid £1k/week housing benefit. On the BBC.

    Let's see, starting graduate salary £40k in Central London.. hang on.. something doesn't quite add up here...

    Was it this guy featured in the accompanying video?

    http://www.bbc.co.uk/news/uk-16384739
  • Derivative
    Derivative Posts: 1,698 Forumite
    drc wrote: »
    Was it this guy featured in the accompanying video?
    http://www.bbc.co.uk/news/uk-16384739

    Indeed it was. Well, I suppose £1k sounded outrageous enough in my memory - £2k is taking the biscuit.

    Simply to afford £100k pa, you'd have to be earning something like £200k gross. That'd have you spending ~90% of your income on rent.

    Wikipedia tells me £200k gross puts you around the top 0.5% of UK taxpayers.

    I don't really understand why Housing Benefit allows rent to be paid to private landlords at all. Surely it would be far more efficient to simply have the government buy out properties.
    Said Aristippus, “If you would learn to be subservient to the king you would not have to live on lentils.”
    Said Diogenes, “Learn to live on lentils and you will not have to be subservient to the king.”[FONT=Verdana, Arial, Helvetica][/FONT]
  • drc
    drc Posts: 2,057 Forumite
    EdgEy wrote: »
    Indeed it was. Well, I suppose £1k sounded outrageous enough in my memory - £2k is taking the biscuit.

    Simply to afford £100k pa, you'd have to be earning something like £200k gross. That'd have you spending ~90% of your income on rent.

    Wikipedia tells me £200k gross puts you around the top 0.5% of UK taxpayers.

    I don't really understand why Housing Benefit allows rent to be paid to private landlords at all. Surely it would be far more efficient to simply have the government buy out properties.

    Yes, I can't believe the taxpayer is paying £2k a week. It doesn't even look like a nice place, just a large ex council house.

    This guy has 8 kids so he is probably getting £400 in child tax credits alone per week. The amount he would be getting in total benefits would be somewhere in the range of £120-£140k per year tax free when you include all the satellite benefits (e.g. free school meals alone for 8 kids @ £2 per day is approx £320 per month) :eek:. I wonder where he will move to?
  • EdgEy wrote: »
    I don't really understand why Housing Benefit allows rent to be paid to private landlords at all. Surely it would be far more efficient to simply have the government buy out properties.

    Please take your communist propaganda out of this forum.
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