MSE News: Rising rents push more into debt

Former_MSE_Helen

"A record 12,000 tenants who are struggling with rent arrears have contacted a debt advice charity this year ..."

Read the full story:

Rising rents push more into debt

Credit-Crunched

I do agree that rents are rising and placing a squeeze on people.

I do also feel that this needs to be put into some perspective, the recession of the 80's had people scarbbling around for money to pay for food, and heating.

I would be amazed that the thousands of people in this research were in that particular catergory.

I would bet my bottom dollar, that they all have mobiles, sky, internet, have take aways, treats to the cinema etc.

I am not saying that people are not struggling, however if people want to save for a deposit, these luxuries have to go.

When I was saving for my house, I cycled to work and lived on Aldi food, no luxuries for a year. Now i enjoy my life having taken a small degree of pain for the longer gain

Lizling

I rent and haven't been to the cinema in years. No Sky and no takeaways in a very long time either. I haven't got a car, my food comes from Lidl and of course there are many thousands who are far, far worse off than me.

Can I have your bottom dollar please?

Credit-Crunched

Lizling wrote: »

I rent and haven't been to the cinema in years. No Sky and no takeaways in a very long time either. I haven't got a car, my food comes from Lidl and of course there are many thousands who are far, far worse off than me.

Can I have your bottom dollar please?

Contary to your post last night asking about Virgin, Sky or BT Infinity is the better deal?

It appeasr I will keep my bottom dollar!

Lizling

Yup, that's for when I move house, because by then I won't be paying rent!


(And my post was asking about any discounts available on them, to see if I could make t affordable.)

Eellogofusciouhipoppokunu

1 - 0 to Lizling!

Heliflyguy

Credit-Crunched wrote: »

I do agree that rents are rising and placing a squeeze on people.

I do also feel that this needs to be put into some perspective, the recession of the 80's had people scarbbling around for money to pay for food, and heating.

I would be amazed that the thousands of people in this research were in that particular catergory.

I would bet my bottom dollar, that they all have mobiles, sky, internet, have take aways, treats to the cinema etc.

I am not saying that people are not struggling, however if people want to save for a deposit, these luxuries have to go.

When I was saving for my house, I cycled to work and lived on Aldi food, no luxuries for a year. Now i enjoy my life having taken a small degree of pain for the longer gain

Ahh the great British dream of owning a house, I did not realise that renting in the UK meant a life cut off from the outside world on par to living in a Benedictine monastary.

Dont understand your line about the 80s either, did nobody rent in the 80s?

ShAnE

Credit-Crunched wrote: »

I would bet my bottom dollar, that they all have mobiles, sky, internet, have take aways, treats to the cinema etc.

Are you talking about people who struggle to pay rent, or people who struggle to pay their mortgage?

I assume if you struggle to pay rent, you're not likely to be saving for a deposit.

I'm saving for a deposit, but I still enjoy life's luxuries, because it is my choice to save slightly less for slightly longer. Although my job would be made much easier if people who couldn't afford houses weren't allowed to keep them.

Fire_Fox

Lizling wrote: »

I rent and haven't been to the cinema in years. No Sky and no takeaways in a very long time either. I haven't got a car, my food comes from Lidl and of course there are many thousands who are far, far worse off than me.

Can I have your bottom dollar please?

And are you contacting a debt charity about your arrears? If you are why are you thinking about media packages for your next home?

Credit-crunched referred to the "I would be amazed that the thousands of people in this research were in that particular catergory.

I would bet my bottom dollar, that they all have mobiles, sky, internet, have take aways, treats to the cinema etc."

Fire_Fox

ShAnE wrote: »

Are you talking about people who struggle to pay rent, or people who struggle to pay their mortgage?

I assume if you struggle to pay rent, you're not likely to be saving for a deposit.

I'm saving for a deposit, but I still enjoy life's luxuries, because it is my choice to save slightly less for slightly longer. Although my job would be made much easier if people who couldn't afford houses weren't allowed to keep them.

"I would be amazed that the thousands of people in this research were in that particular catergory. I would bet my bottom dollar, that they all have mobiles, sky, internet, have take aways, treats to the cinema etc."

The word 'deposit' was in a more general context
"I am not saying that people are not struggling, however if people want to save for a deposit, these luxuries have to go.

When I was saving for my house, I cycled to work and lived on Aldi food, no luxuries for a year. Now i enjoy my life having taken a small degree of pain for the longer gain."

Lizling

Fire_Fox wrote: »

And are you contacting a debt charity about your arrears? If you are why are you thinking about media packages for your next home?

What arrears? What are you on about? I've never been in arrears in my life.

Fire_Fox wrote: »

Credit-crunched referred to the "I would be amazed that the thousands of people in this research were in that particular catergory.

My point is that I know perfectly well that I'm better off than a hell of a lot of renters (I'm squeezed, but not struggling and not in arrears), and this sample of thousands is taken from those who are struggling the most. Therefore, it's reasonable to assume that a great many of them have had to make more cutbacks than I have.