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"Rent Freedom Day"

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Comments

  • MARTYM8`
    MARTYM8` Posts: 1,212 Forumite
    Eighth Anniversary 1,000 Posts
    LydiaJ wrote: »
    You need to split that statistic by distinguishing between renting from a private landlord and renting from a council or housing association. Many of the disadvantages of private renting don't apply to social housing, and it's the specific problems of private renting that Generation Rent etc are campaigning about.

    There is some useful analysis here - including a graph. The proportion renting in 2011 was 36% vs 64% owner occupiers - but half of the renters were in the private sector. In 1981 there were three times as many people in social rented properties than in private rented (31% to 11%).

    https://www.ons.gov.uk/ons/rel/census/2011-census-analysis/a-century-of-home-ownership-and-renting-in-england-and-wales/short-story-on-housing.html

    So from the private rented sector only being 25% of the rented properties - its now 50% - and now (particularly in London) it includes a lot of young professionals on average/above average salaries.

    A council house is for life if you pay your rent - a private sector rental means you can be out on the street with 2 months notice. A huge difference - one provides long term security for a family to settle in an area and continuity for their kids schooling whereas the other provides none.

    Its now the no 1 electoral issue in London in my opinion for the under 40s.
  • benb76
    benb76 Posts: 357 Forumite
    Joeskeppi wrote: »
    I wonder if Crashy will be attending rent freedom day.

    Probably not because renting is gr8.

    Indeed. Why would anyone complain about renting when you can rent a massive property in a nice area for something like 2% of its value per annum - you'd be mad to buy a house. Or so the folk on HPC will tell you.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    MARTYM8` wrote: »
    There is some useful analysis here - including a graph. The proportion renting in 2011 was 36% vs 64% owner occupiers - but half of the renters were in the private sector. In 1981 there were three times as many people in social rented properties than in private rented (31% to 11%).

    https://www.ons.gov.uk/ons/rel/census/2011-census-analysis/a-century-of-home-ownership-and-renting-in-england-and-wales/short-story-on-housing.html

    So from the private rented sector only being 25% of the rented properties - its now 50% - and now (particularly in London) it includes a lot of young professionals on average/above average salaries.

    A council house is for life if you pay your rent - a private sector rental means you can be out on the street with 2 months notice. A huge difference - one provides long term security for a family to settle in an area and continuity for their kids schooling whereas the other provides none.

    Its now the no 1 electoral issue in London in my opinion for the under 40s.


    a great number of under 40s don't aspire to live in rented for life so short term tenancies are OK for them

    most people who become owner occupiers have to move several times : most can cope with this why can't some who rents.

    it's quite outrageous that people, irrespective or need or merit should be guaranteed subsidized accommodation for life.
  • A proper Rent Free Day would see every renter across the country reducing their monthly rent by one day's amount. Just the once. Not enough for a S8, but enough of a chill...

    I rent my properties out below market price, so arguably, my tenants are getting more than one days free rent from me ;o)

    That said, If renters want to feel value by believing they get one day free rent a year, then I'm sure that could be accommodated by increasing every other day by 0.275% ;)
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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