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£480 wk ben cap not enough for families in London to live on.

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Comments

  • drc
    drc Posts: 2,057 Forumite
    IronWolf wrote: »
    Living in central london myself I can see the effects of this starting to bite. Rents have fallen by almost 10% in the last year in my area

    What area are you in? I might take a look on Rightmove as I wouldn't mind moving closer to the centre if rents dropped.
  • robmatic
    robmatic Posts: 1,217 Forumite
    Another sock puppet?
  • drc
    drc Posts: 2,057 Forumite
    hardassets wrote: »
    But the 480 wk total benefit cap has been postponed again. Rents will fall more than that when it can not be postponed anymore.

    Where did you hear it has been postponed? Universal Credit (the overall cap) is not supposed to come in until September 2013 anyway.
  • IronWolf
    IronWolf Posts: 6,445 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 5 January 2012 at 8:30PM
    drc wrote: »
    What area are you in? I might take a look on Rightmove as I wouldn't mind moving closer to the centre if rents dropped.

    Westminster, still pretty expensive though about £325pw for a no frills 1 bed, that was over £350pw last year though. We got lucky a year ago getting our flat, it had been on the market for a whole week and hadnt gone. The LL was starting to panic lol so knocked it down to £325.

    I'm hoping the trend continues
    Faith, hope, charity, these three; but the greatest of these is charity.
  • ILW
    ILW Posts: 18,333 Forumite
    Is that bloke in Maida Vale still getting his £2000 a week rent paid?
  • drc
    drc Posts: 2,057 Forumite
    ILW wrote: »
    Is that bloke in Maida Vale still getting his £2000 a week rent paid?

    He will until the anniversary of his claim. Then he will probably get some discretionary interim payment or they will find him a suitable council home. He has 8 kids so is probably a special case.
  • A._Badger
    A._Badger Posts: 5,881 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    drc wrote: »
    He will until the anniversary of his claim. Then he will probably get some discretionary interim payment or they will find him a suitable council home. He has 8 kids so is probably a special case.

    With eight kids he's definitely a 'special case'. A 'state-funded vasectomy or fend for yourself' would have been a better policy.
  • ILW
    ILW Posts: 18,333 Forumite
    A._Badger wrote: »
    With eight kids he's definitely a 'special case'. A 'state-funded vasectomy or fend for yourself' would have been a better policy.

    Why does he need to live in Maida Vale?

    I just do not see it.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    ILW wrote: »
    Why does he need to live in Maida Vale?

    I just do not see it.

    It arises from an obsession with 'rights' and social values and all that other guff that came out of the Nu-Labour-In-10-Easy-Lessons book.

    Expensive homes should be rented to people who can pay for them. In London this means city workers basically. We are often told how the 'City' is the powerhouse of the economy, well it should enable people to pay for their accommodation without subsidy then.
  • drc
    drc Posts: 2,057 Forumite
    ILW wrote: »
    Why does he need to live in Maida Vale?

    I just do not see it.

    He's a hypnotist. Maida Vale is the cultural centre of the world of hypnotism.

    What is so ironic is the house that he is renting (and the taxpayer is currently paying £2k per week for) is a former council house bought under right to buy.
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