We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

MSPs due to scrap council tenants' 'right to buy'

124678

Comments

  • I_have_spoken
    I_have_spoken Posts: 5,051 Forumite
    All the council hooses in decent estates have been sold anyway.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    All the council hooses in decent estates have been sold anyway.

    rubbish .... ....................
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    as in, what, sell something to person A that's worth [say] £100k for [say] £50k?

    yep, that'd certainly increase his net worth.

    by about £50k.

    correspondingly reducing that of the state by a not dissimilar amount.
    CLAPTON wrote: »
    true

    in exactly the same way, letting out taxpayers property at below market price is reducing the state's (taxpayer) net worth too.

    It's remarkable, isn't it?
    The usual suspects are up in arms when public funds are aimed at helping potential home owners, whether it's RTB or HTB, but are perfectly happy for the state/council to fund perpetual social rents below market price.
    Don't blame me, I voted Remain.
  • cells
    cells Posts: 5,246 Forumite
    If social homes are so good the government should buy homes off the market and let them out as social homes expanding the stock very quickly.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    mayonnaise wrote: »
    It's remarkable, isn't it?
    The usual suspects are up in arms when public funds are aimed at helping potential home owners, whether it's RTB or HTB, but are perfectly happy for the state/council to fund perpetual social rents below market price.

    Can you not figure out the difference?

    One is a direct subsidy to one family to buy and OWN an asset.

    The other is a subsidy (if you want to call it that) to house someone in an asset that the STATE owns and can use to help out many families.

    It's not a difficult concept to grasp.
  • Sky_
    Sky_ Posts: 605 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Sky_ wrote: »
    I still think it's a great idea. We desperately need more social housing for vulnerable people and families (though I think the tenancies should be time-limited or conditional, so that people move when their needs change).

    Maybe the odd person does get too complacent but so what! Far better than people/families ending up homeless because they can't afford private rentals.

    CLAPTON wrote: »
    what do you think is a great idea?

    that every single family in the uK should get tax payer subsidised housing?

    Clearly, since "vulnerable" isthe only adjective I used, to describe the people and families I was referring to.

    If "vulnerable" equals ''all'' to you then hey-ho! It tells me all I need to know about your attitude and personal perspective.
    2022. 2% MF challenge. £730/3000
  • Sky_
    Sky_ Posts: 605 Forumite
    Part of the Furniture 500 Posts Name Dropper
    cells wrote: »
    If social homes are so good the government should buy homes off the market and let them out as social homes expanding the stock very quickly.

    With what funds?

    Some councils are reaching deals with landlords to secure 5 year tenancies, at full market rent, for people on the SH list. I think that is the best idea that's around at the moment.
    2022. 2% MF challenge. £730/3000
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Sky_ wrote: »
    Clearly, since "vulnerable" isthe only adjective I used, to describe the people and families I was referring to.

    If "vulnerable" equals ''all'' to you then hey-ho! It tells me all I need to know about your attitude and personal perspective.

    Don't worry, he does this constantly.
  • Speedybrain
    Speedybrain Posts: 16 Forumite
    Thought this was interesting given the discussions on social housing recently

    I totally agree with this. They should do the same in England.
  • cells
    cells Posts: 5,246 Forumite
    Sky_ wrote: »
    With what funds?

    Some councils are reaching deals with landlords to secure 5 year around order at full market rent, for people on the SH list. I think that is the best idea that's around at the moment.


    The government can just issue £100B more in gilts and buy 1 million homes with that. They would pay only around £1B a year in interest or just £1000 per house per year
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.