Increasing the rent - tenants angry.

N1AK

Sampong wrote: »

Clearly the poster was suggesting he shouldn't have mentioned it.

Which wouldn't be the same thing as suggesting free speech isn't allowed :rotfl: I'd like to think you're just naturally argumentative and lose any ability to keep perspective when challenged but I'm pretty sure by now that would be over-estimating your ability to put together an argument in the first place.

Better watch out the fascists are coming... and don't forget to take your tablets again.

wouldbeqaulitymoneysaver

Go on justify people paying YOUR mortgage and the excessively high prices which you justify by citing the Free market and the need for people to be able to pass from renting to home ownership.

wouldbeqaulitymoneysaver

http://www.leftfutures.org/2011/10/campaign-for-a-living-rent/
Like this ^^^^^^
Why should we pay a £1000pcm so you landlords can clean up and on top of that charge additonal and I believe unjust fees as well?:mad:

DervProf

Conrad wrote: »

I'm sitting opposite my lettings agency manager. One of her landlords, a Lithuanian, with 10 properties today instructed her to increase all rents.

Listening to my lettings manager making calls to all the tenants, they are very unhappy and she's getting it in the kneck.

The landlords stance is that rents have risen locally (true) and that's the going rate.

Tenants just don't get this point about the landlord being engaged in a money making business, period.
Some have said they will go elsewhere, but it's unlikely as rents have genuinly risen quite dramatically.

Is this good or bad news for the majority of the population ?

wouldbeqaulitymoneysaver

http://www.guardian.co.uk/money/2011/jun/17/rents-hit-record-high
As the story above states PEOPLE NOT ABLE TO SAVE UP FOR OWN PROPERTIES BECAUSE EXCESSIVE RENTAL COSTS EAT UP THE POUNDS.

wouldbeqaulitymoneysaver

Sounds like @conrad wants to teach us an economics lesson without of course factoring in social justice needs as one would hope he would.

wouldbeqaulitymoneysaver

But Tories aren't reknowned for their social justice except as a campaigning mechanism. Go all social justice softie just to get a Conservative Majority in next election.

wouldbeqaulitymoneysaver

But there ARE Nice Tories, decent Conservatives and the like so not all bad but there is sweet !!!! all preventing monstruous and excessive rent increases and other additional costs from being foisted on desperate tenants aka The Market.

Graham_Devon

marathonic wrote: »

If I'm a shop-owner and sell you milk every day, I use the profit to pay my mortgage. Being a landlord is a job just like anything else.

Rents are controlled by supply and demand... always have been and always should be (unless the government do something stupid - and it would be very characteristic of them to do so)

Rent's aren't.

Housing benefit seriously alters the demand side, in terms of ability to demand it.

DervProf

wouldbeqaulitymoneysaver wrote: »

http://www.guardian.co.uk/money/2011/jun/17/rents-hit-record-high
As the story above states PEOPLE NOT ABLE TO SAVE UP FOR OWN PROPERTIES BECAUSE EXCESSIVE RENTAL COSTS EAT UP THE POUNDS.

The answer is to allow them to borrow with smaller deposits.

Well, it is in the short term.

As I`ve said many times before, a return to "easy" 90%+ mortgages will increase prices. How long before we are back to square one ? (or demands for "easy" 95%+ mortgages ?).

BTW. If HPI takes off again, will it mean a reduction in the number of existing or potential landlords ?

The ones who advocate easier lending, pretend that they think it's good for the nation. They are the same ones who tend to :beer: HPI.