"Generation rent" - did ppl really marry in their 20s and buy a house?

jjlandlord

Torry_Quine wrote: »

I try to be fair in my dealings with others so getting as much as possible while spending as little as possible wouldn't fit with my conscience.

Yet you seem fine with asking others to pay for your home:

Torry_Quine wrote: »

I would much preferred to rent a council house but the choice wasn't available.

Self-interest is always round the corner.
It's biological (in all seriousness).

wotsthat

Percy1983 wrote: »

Well so far I have based my votes in elections on the party who I believe will do the best in regards to not ripping off the young to fund 4x4s for the old.

To a point I am mostly happy with things are at the minute with generally stagnation outside of London, but of course if there is something more I can do let me know and I will do it.

I will add any plan which involves me running myself into financial ruin isn't an option before the usual (ie the usual, sell you house at half market rate to a young person suggestion).

I was more than happy with prices falling in real terms whilst stagnating nominally. I expect St. Peter will be pretty bemused when I explain that's a reason to let me into heaven.

I feel sorry for you if you feel completely powerless to do a single thing (other than whining on the internet) about something you have such strong feelings about.

Percy1983

wotsthat wrote: »

I was more than happy with prices falling in real terms whilst stagnating nominally. I expect St. Peter will be pretty bemused when I explain that's a reason to let me into heaven.

I feel sorry for you if you feel completely powerless to do a single thing (other than whining on the internet) about something you have such strong feelings about.

Is every view you don't agree with whining?

I guess you have no ideas then?

Torry_Quine

Generali wrote: »

Of course you would, you get a massive subsidy from the taxpayer that way!

Council house renters do not get a huge subsidy from the taxpayer they pay in this area a sizeable amount.

jjlandlord wrote: »

Yet you seem fine with asking others to pay for your home:



Self-interest is always round the corner.
It's biological (in all seriousness).

Firstly it was just the normal thing to do to get a council house so if that's self-interest so be it.
Secondly I would have paid for my rented home myself.

wotsthat

Percy1983 wrote: »

Is every view you don't agree with whining?

I guess you have no ideas then?

As far as I can see I'm not a million miles from your view - The difference is I don't think it makes me morally superior.

There's plenty you could do. Write in support of local housing planning or set up a Facebook support group to counter the nimby Facebook group. Write to your MP (do you know their name?). Turn up with a placard in support of developments. Contact your local radio station and ask why they don't cover the issue.

I'm guessing from your response you prefer the mouth but no trousers approach to solving the problem.

Generali

Torry_Quine wrote: »

Council house renters do not get a huge subsidy from the taxpayer they pay in this area a sizeable amount.

Those are two different things. If you pay below market value, as you always do with a council house, you are being subsidised by the council. That may be a substantial sum or may not but it's still a subsidy.

supermassive

jjlandlord wrote: »

True, and that's exactly the current situation.
Anyone who wants to buy a house and can afford it has one.

The current situation is that if you jump through several hundred hoops & have a huge amount of money saved for a deposit, then you can afford to buy one.

For example, I'm in a situation where my rent is ridiculous - but my landlord's mortgage is less than £300 pcm. The house was bought for between £50k/£60k.

At this point in time, paying a mortgage would be FAR cheaper than my rent - so I can afford it - but whilst I am renting, which is my only option, I cannot afford to save for a deposit. Baring in mind the rent includes NOTHING.

So the situation we're in in the UK right now is that people who can afford houses cannot have them because they're stuck renting from people who cannot afford to pay their own mortgages on them and they're making a tidy profit at the same time!

It's tragic.

GwylimT

Generali wrote: »

Those are two different things. If you pay below market value, as you always do with a council house, you are being subsidised by the council. That may be a substantial sum or may not but it's still a subsidy.

My brother rents a council house, he is looking to move to a more suitable rental property for his disabled son and has discovered renting a private bungalow is £40 a month cheaper than a council bungalow that does not have a warden.

lisyloo

I'm in a situation where my rent is ridiculous..........but whilst I am renting, which is my only option

Could you lodge with family & friends?
Share? Stay in a hostel whilst you save (their £8 per night in central London).
Lodge in a strangers spare room?
Are you sure you have no options? I don't know your situation but I've just mentioned 4 options including central London

Torry_Quine

Generali wrote: »

Those are two different things. If you pay below market value, as you always do with a council house, you are being subsidised by the council. That may be a substantial sum or may not but it's still a subsidy.

It's not council housing that's below market value but private renting that's above.