Two thirds of private rental landlords will leave sector if Labour win

antrobus

chucknorris wrote: »

The thing is though, the possible rent controls that labour are considering aren't like the rent controls of the past, where the tenancy can't be ended. Of course if labour did introduce something, it might only be the thin end of the wedge. But they would probably have to stay in power for a few more elections to get to a point where they totally destroyed the private rental market (again)

Well yes, it is very likely that the responses to the question 'If some form of rent controls were introduced would you?' would indeed be influenced by the perception of rent controls as they operated between 1915 and 1989.

I would hazard a guess that the reason that 55% said 'I'd think about it', was because exactly what they would do would depend on exactly what kind of rent control was introduced.

chucknorris

antrobus wrote: »

Well yes, it is very likely that the responses to the question 'If some form of rent controls were introduced would you?' would indeed be influenced by the perception of rent controls as they operated between 1915 and 1989.

I would hazard a guess that the reason that 55% said 'I'd think about it', was because exactly what they would do would depend on exactly what kind of rent control was introduced.

That's what I think too, if I had not already read about what labour's thoughts on the subject were, my knee jerk reaction would be one of horror and looking for the exit.

ruggedtoast

chucknorris wrote: »

The thing is though, the possible rent controls that labour are considering aren't like the rent controls of the past, where the tenancy can't be ended. Of course if labour did introduce something, it might only be the thin end of the wedge. But they would probably have to stay in power for a few more elections to get to a point where they totally destroyed the private rental market (again)

We didn't need a private rental market, we had council housing.

Now we have next to no council housing and a bunch of greedy investors chucking people out of their homes at the drop of a hat.

I know this may sound controversial after more years of neoliberalism than anyone can remember, but it actually isn't some pre-defined duty of the working class to have to make already wealthy people richer through property.

Ten million renters wont be silenced.

padington

I think landlords arn't running for the hills because there is so much wind heading for the HPI sails for a good while otherwise.

Thrugelmir

michaels wrote: »

Do you know why utility companies haven't cut their prices with the fall in wholesale prices?

I've never seen bread prices change by the week. In response to market prices for grain.

Why hasn't every company cut their prices as production and delivery costs have all fallen significantly.

Carl31

I think rent controls will define what a landlord really is, more someone that actually provides property as a business, and less an everyday Joe trying to blag someone into buying them a house

Surely any business would love to have 3 years of confirmed revenue?

thor

michaels wrote: »

Do you know why utility companies haven't cut their prices with the fall in wholesale prices? It is because Labour have threatened a price freeze and the suppliers don't want to risk bankruptcy if prices rebound.

So you would be extremely confident that if Labour lose the Gen Election, the gas and electric companies would finally pass on the wholesale cuts we have been experiencing? Even if their excuse tha they buy in 2 or 3 years ahead is true it would mean 2017 - 2018 should be the era where we will be using the sub $50 oil barrels.
OR are they going to remain 'competitive' and continue to be run cartel fashion?

hpifever

I wonder how many of the btl parasites on here actually declare tax?

Doozergirl

michaels wrote: »

Do you know why utility companies haven't cut their prices with the fall in wholesale prices? It is because Labour have threatened a price freeze and the suppliers don't want to risk bankruptcy if prices rebound.

Guess what, if you interefere with the markets don't be surprised if you don't like the consequences.

You make it sound like the energy companies are always giving us healthy discounts. Or at least reflecting market changes fairly. Naughty Labour, trying to stop them from doing the right thing.

chucknorris

ruggedtoast wrote: »

We didn't need a private rental market, we had council housing.

Now we have next to no council housing and a bunch of greedy investors chucking people out of their homes at the drop of a hat.

I know this may sound controversial after more years of neoliberalism than anyone can remember, but it actually isn't some pre-defined duty of the working class to have to make already wealthy people richer through property.

Ten million renters wont be silenced.

Your post isn't saying anything, you say we had council properties so we didn't need a private rental sector, then in the very next sentence you say that they have all but gone, so in fact we do currently need a private rental sector.

The only person that I 'chucked out of their home' was someone who hadn't paid the rent, and had been in arrears for 2 years, yes that is correct, your 'drop of a hat' actually took 2 years because I kept giving them another chance to pay me, despite in the end having enough funds to buy their own home. Actually it was the magistrates court that 'chucked them out of their home'.

EDIT: The last excuse she gave for not paying the rent was 'I had to pay the solicitor an advance payment on their conveyance fee', oh well that's OK then (not). She also ripped off some of the utility companies as well as Wandsworth Council for the council tax.