lissliss wrote: »
You're absolutely spot on. Affordable housing is a human right. Bring back rent controls!
jimjames wrote: »
As per previous post, if this is serious then we can look forward to a severe lack of private rented housing. Why would anyone want to rent their house if they weren't getting a return. We'll end up with few houses being chased by large numbers of tenants and only those with the best prospects and credit rating will be able to rent.
Percy1983 wrote: »
But if landlords started selling prices would drop less would need to rent.
HAMISH_MCTAVISH wrote: »
If landlords start selling you decrease the supply of rented houses and increase the supply of owner occupied houses.
But you also decrease the number of renters, and increase the number of buyers.
In fact, you force an equal number of renters out of the rental market and into the owner market. Supply and demand for both rental and owned houses remains in exactly the same equilibrium as today.
Which is therefore completely neutral for both rents and prices.
zerog wrote: »
Not sure if being sarcastic. In case not: rent is set at what people are willing to pay. If you can't afford your rent then someone else can, otherwise the property will be empty and the landlord will reduce the rent. If one landlord doesn't reduce the rent then others will, and their properties will get rented out.
Shelter may be a human right, but living in London (or the town centre of a smaller town) is not.
theartfullodger wrote: »
Payday loans, particularly those that charge 1000%'s APR (most do..)
MSE_Helen wrote: »
"Shelter says renters are resorting to payday loans and dipping into their children's savings to hang onto their homes..."
Percy1983 wrote: »
I do believe there is insurance they can take out for such things.
The problem is running a business in an immoral way is fine with items don't need (ie the margin on an iPhone), but when it involves something as basic as shelter which everybody needs they shouldn't be allowed to just keep milking it.
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