Shrinking savings put millions at risk of reposession

chucky

Graham_Devon wrote: »

No, the survey specifically looks at people who pay rent or a mortgage payment. I.e. not those who have the rent paid for them.

The results would be a lot higher if you added your 5 million reliant on benefits. The "pay check" part is relevant, as in they get paid by an employer.

That's interesting.

Shelter's findings were based on a YouGov survey of 7,500 adults who pay rent or a mortgage.

The survey looked 0.039% of the number of people who have a mortgage or rent in the UK.

Graham_Devon

chucky wrote: »

That's interesting.

The survey looked 0.039% of the number of people who have a mortgage or rent in the UK.

Suggesting approx 19.2 m housholds pay mortgage or rent?

Which is remarkable considering there are 9.1m mortages in the UK....meaning there must be 10.1m paying rent from their "pay check"?

Which is bizzare considering there are only 3.84m privately rented properties.

chucky

Graham_Devon wrote: »

Suggesting approx 19.2 m housholds pay mortgage or rent?

Which is remarkable considering there are 9.1m mortages in the UK....meaning there must be 10.1m paying rent from their "pay check"?

Which is bizzare considering there are only 3.84m privately rented properties.

According to your favourite source for stats... Shelter says otherwise...

9 million people in England are stuck renting

http://england.shelter.org.uk/campaigns/fixing_private_renting/9_million_renters

Graham_Devon

chucky wrote: »

According to your favourite source for stats... Shelter says otherwise...

http://england.shelter.org.uk/campaigns/fixing_private_renting/9_million_renters

Think about it.

We already been here on this thread with mayonnaise.

chucky

Graham_Devon wrote: »

Think about it.

We already been here on this thread with mayonnaise.

I already did think about it, you obviously haven't. Mayonnaise compared oranges and lemons, you're comparing lemons and oranges.

Graham_Devon wrote: »

No, the survey specifically looks at people who pay rent or a mortgage payment. I.e. not those who have the rent paid for them.

The results would be a lot higher if you added your 5 million reliant on benefits. The "pay check" part is relevant, as in they get paid by an employer.
Quote:
Shelter's findings were based on a YouGov survey of 7,500 adults who pay rent or a mortgage.

Why wasn't the Shelter survey 7,500 households instead of 7,500 adults... It would be much more credible hence my percentage comment.

Please thank me for being right.

Graham_Devon

I can't even fathom out what you have just tried to say, let alone conclude you are right. Unlikely though as you appear to be digging more than anything else.

chucky

Graham_Devon wrote: »

I can't even fathom out what you have just tried to say, let alone conclude you are right. Unlikely though as you appear to be digging more than anything else.

I didn't think you would get it and I didn't expect you to be man enough to tell me I was right either. Your reply is the expected tactic.

Something's will never change.

chewmylegoff

Graham_Devon wrote: »

No, the survey specifically looks at people who pay rent or a mortgage payment. I.e. not those who have the rent paid for them.

The results would be a lot higher if you added your 5 million reliant on benefits. The "pay check" part is relevant, as in they get paid by an employer.

I don't receive housing benefit, but I was under them impression it is paid over in cash to the claimant who then uses it to make a cash payment to their landlord. This must surely be the case otherwise no benefits claimant would ever be in arrears...

Graham_Devon

chewmylegoff wrote: »

I don't receive housing benefit, but I was under them impression it is paid over in cash to the claimant who then uses it to make a cash payment to their landlord. This must surely be the case otherwise no benefits claimant would ever be in arrears...

Think that's still in pilot stage isn't it?

Generali

chewmylegoff wrote: »

I don't receive housing benefit, but I was under them impression it is paid over in cash to the claimant who then uses it to make a cash payment to their landlord. This must surely be the case otherwise no benefits claimant would ever be in arrears...

Excepting the month or 2 it takes the council to start paying your housing benefit.

I had a flat mate (he was also a real mate) who went on housing benefit and boy was it a PITA. Not his fault of course. I don't recommend trying to deal with Lambeth Council for anything ever.

As to the OP. Poor people don't have significant savings as a rule, that's what makes them poor.