Would you support or oppose proposals for the government in introduce a “rent control

antrobus

Percy1983 wrote: »

Very true, but if you can't afford a house at £50 month then don't buy it. ....

You're crazier than a box of frogs on acid if you think that £50 a month will buy you a house.:)

Percy1983 wrote: »

...Likewise if the margins are so tight that there is no wriggle room then thats not much good in 'business' is it....

You could say the same about any business where a government was prepared to legislate to fix the price.

Percy1983 wrote: »

....Sorry if my non greed centric thinking makes little sense to some of you.

Claiming that you are somehow morally superior does not make your argument correct.

Percy1983

antrobus wrote: »

You're crazier than a box of frogs on acid if you think that £50 a month will buy you a house.:)

What does that make those who are expecting a free house then?

Thrugelmir

Torry_Quine wrote: »

At first read it sounds like a good idea. As always the devil is in the detail. One of the reasons for the large benefit bill is housing benefit due to the ridiculous rents charged so something needs to change.

Which is why is benefits are being capped and the trend reversed. So that it isn't self perpetuating.

Carl31

Anything that makes someone think twice before 'investing' in buy to let as opposed to starting a rental business has got to be good

If the right controls are put in place, it should be a win win for both tenant and proper landlord. The comments I have heard on LBC and the like from existing landlords is that they rarely raise rents year on year, if at all, and they want long term tenants, so I'm pretty sure Millibands proposal suits them

CLAPTON

Carl31 wrote: »

Anything that makes someone think twice before 'investing' in buy to let as opposed to starting a rental business has got to be good

If the right controls are put in place, it should be a win win for both tenant and proper landlord. The comments I have heard on LBC and the like from existing landlords is that they rarely raise rents year on year, if at all, and they want long term tenants, so I'm pretty sure Millibands proposal suits them

what are the right controls?

if rents rarely rise when why have rents risen?

if rents rarely rise and they want long term tenants then why is there any reason to do anything?

Carl31

CLAPTON wrote: »

what are the right controls?

if rents rarely rise when why have rents risen?

if rents rarely rise and they want long term tenants then why is there any reason to do anything?

Well, exactly, why haven't rents risen? Why are there some landlords that raise and raise rents, yet others manage fine without doing so for years and years?

antrobus

Percy1983 wrote: »

What does that make those who are expecting a free house then?

Crazier than a box of lobotomised frogs on acid?:)

antrobus

Carl31 wrote: »

Anything that makes someone think twice before 'investing' in buy to let as opposed to starting a rental business has got to be good...

Why? That's how Germany built so many houses.

Carl31 wrote: »

...If the right controls are put in place, it should be a win win for both tenant and proper landlord. The comments I have heard on LBC and the like from existing landlords is that they rarely raise rents year on year, if at all, and they want long term tenants, so I'm pretty sure Millibands proposal suits them

Something like 8 out of 10 landlords only have one property. Therefore the biggest financial risk they face is a void. So once they have a 'good' tenant that pays on time, they are quite keen to keep them, and not give them a reason to quit. (And being British, they likely wish to avoid confrontation and don't really like asking for more money anyway.:))

Of course Milliband's proposal suits them. It's going to give landlords the automatic right to an annual rent increase without even asking for one. Having rental contracts with automatic annual increases is the reason why (for example) rents have been increasing faster in Berlin than London in recent years.

antrobus

Carl31 wrote: »

Well, exactly, why haven't rents risen? Why are there some landlords that raise and raise rents, yet others manage fine without doing so for years and years?

More to the point, if rents haven't risen, why are controls over rent rises needed?

cells

antrobus wrote: »

More to the point, if rents haven't risen, why are controls over rent rises needed?

there is no need to control the increase

but there is a need to cap the rent

something like £600pm max outside London and £800pm max inside

or why not take it further, £400 max everywhere. A fair rent for all