Renters pushed to breaking point as Britain's selfish homeowners gloat their hands

Cornucopia

chucknorris wrote: »

LOL, did you think I was unaware of that?

It wasn't directed at you, but on enlightening our HPC friends.

chucknorris

Cornucopia wrote: »

It wasn't directed at you, but on enlightening our HPC friends.

I was waiting to point out how low the yield was after one of them had responded, that's why I didn't mention it previously. I don't consider it alarmingly low, just nothing to write home about. The rent before we recently re-let that property was only £1,545 (only 3.7%), we reward long staying tenants, and he had been there for over 10 years).

Cornucopia

Apologies for stealing your thunder.

On a more general note, what do you think the thread title is supposed to mean?

Is it a typo, the keyboard equivalent of mouth-frothing, or some HPC-spk that I'm not party to?

ruggedtoast

Landlords: "I'm only charging them an arm and a thigh, I could be charging them an arm and an entire leg. I'm cutting me own throat. I'm the salt of the earth I am. All they have to do is live three to a room and they can afford it easy."

Yet again, and as usual, the forum landlords utterly fail to understand that they are in no way any part of the solution to the housing crisis; but in fact more than half of the problem.

caronoel

ruggedtoast wrote: »

Landlords: "I'm only charging them an arm and a thigh, I could be charging them an arm and an entire leg. I'm cutting me own throat. I'm the salt of the earth I am. All they have to do is live three to a room and they can afford it easy."

Yet again, and as usual, the forum landlords utterly fail to understand that they are in no way any part of the solution to the housing crisis; but in fact more than half of the problem.

I presume the other half of the problem is doughnuts from HPC who dont understand economics.

IronWolf

London is a world in itself.

I know people earning average salaries and below in London, they live as couples and also flat share. This makes the living costs affordable, 2 couples in a 2 bed flat at £1,800 is about affordable.

It's crazy that people live like that though, at their age my parents had bought a 3 bed house up north with my dad working in a factory and mum stay at home. I suppose that's what you pay for being able to watch Wicked 7 nights a week

Cornucopia

ruggedtoast wrote: »

Landlords: "I'm only charging them an arm and a thigh, I could be charging them an arm and an entire leg. I'm cutting me own throat. I'm the salt of the earth I am. All they have to do is live three to a room and they can afford it easy."

No one is saying anything remotely like that. If you want people to take you seriously you need to debate the facts, not some distant memory of Rigsby.

Yet again, and as usual, the forum landlords utterly fail to understand that they are in no way any part of the solution to the housing crisis; but in fact more than half of the problem.

You're obviously not explaining it very well. What does the "more than half the problem" consist of, and how should we, as individual landlords/ladies respond? Consider in your answer, any impact on the well-being of our tenants.

Generali

IronWolf wrote: »

London is a world in itself.

I know people earning average salaries and below in London, they live as couples and also flat share. This makes the living costs affordable, 2 couples in a 2 bed flat at £1,800 is about affordable.

It's crazy that people live like that though, at their age my parents had bought a 3 bed house up north with my dad working in a factory and mum stay at home. I suppose that's what you pay for being able to watch Wicked 7 nights a week

A good mate of mine is on something like £3-400,000/yr and constantly complains he's underpaid. As his small team make perhaps 500x that he probably has a point.

The streets, for some, are paved with gold.

chucknorris

ruggedtoast wrote: »

Yet again, and as usual, the forum landlords utterly fail to understand that they are in no way any part of the solution to the housing crisis; but in fact more than half of the problem.

You think that my motivation when I invested in property was to solve the housing crisis :rotfl:

To others, by the way I am not laughing at tenants having to pay high rents, only at the OP.

ruggedtoast

ukcarper wrote: »

Aren't you a homeowner how's the gloating feel

I bought a few years ago, have a mortgage and would like to upsize eventually, so rising property prices hardly benefit me unless I wanted to emigrate or downsize.

And there is the nub. Rocketing house prices only really help one group who are mainly from one demographic. Their wretched obsession with using property as some kind of guaranteed lotto win on retirement, and successive government pandering, is strangling this country.