Rents in UK now most expensive in Europe

IveSeenTheLight

Graham_Devon wrote: »

The average rent in the UK is now £750 per month. In the EU the average rent is £400 per month. (just think what people could do and how the economy would benefit with that extra money).

What extra money?
Are you referring to the £350 per month difference?
surely if you take back from one hand to give to the other so there'd be a relative nett balance.

However, rather than just look at the costs, how about looking at the root causes which is driving rents to these levels.

Have you considered the supply issue to meet the demand?

Maybe a bit of more depth needed to consider a valued opinion on the matter.

nidO

Graham_Devon wrote: »

(just think what people could do and how the economy would benefit with that extra money).

IveSeenTheLight wrote: »

What extra money?
Are you referring to the £350 per month difference?
surely if you take back from one hand to give to the other so there'd be a relative nett balance.

QFT.
My tenant pays £600/month to rent my flat. If he paid me £400 a month he'd have £200 a month more to spend, and i'd have £200 less.

Where's the gain or benefit to the economy there? Leaving aside of course the fact that me, the evil horrible landlord would be the one £200 worse off, and my poor downtrodden accountant of a tenant who's made of sunshine and roses would be the one £200 better off.

IveSeenTheLight

nidO wrote: »

QFT.
My tenant pays £600/month to rent my flat. If he paid me £400 a month he'd have £200 a month more to spend, and i'd have £200 less.

Where's the gain or benefit to the economy there? Leaving aside of course the fact that me, the evil horrible landlord would be the one £200 worse off, and my poor downtrodden accountant of a tenant who's made of sunshine and roses would be the one £200 better off.

Exactly my point.

Maybe in some peoples views, you should be giving your property away.
That way they'll be £600 a month better off.

[facetious]
With that extra £7,200 per years, they could go full what on Sky, iPads, iPhones, New cars etc
[/facetious]

CLAPTON

nidO wrote: »

QFT.
My tenant pays £600/month to rent my flat. If he paid me £400 a month he'd have £200 a month more to spend, and i'd have £200 less.

Where's the gain or benefit to the economy there? Leaving aside of course the fact that me, the evil horrible landlord would be the one £200 worse off, and my poor downtrodden accountant of a tenant who's made of sunshine and roses would be the one £200 better off.

an excellent point

so if the price of electricity or gas or trains etc double tomorrow, there would be no real change?

IveSeenTheLight

CLAPTON wrote: »

an excellent point

so if the price of electricity or gas or trains etc double tomorrow, there would be no real change?

You forgot to mention the price of cheese.

CLAPTON

IveSeenTheLight wrote: »

You forgot to mention the price of cheese.

That wouldn't affect people in scotland, because the SNP would subsidise it with the massive subsidy the English provide.

Graham_Devon

CLAPTON wrote: »

That wouldn't affect people in scotland, because the SNP would subsidise it with the massive subsidy the English provide.

Seems the Scots can't win.

You are against them going independant, but also against the forumla's agreed by our own representatives for the United Kingdom.

Making out the Scots are scroungers but on the other hand being vocally apposed to them leaving the union is bizzare to say the least.

Landofwood

Graham_Devon wrote: »

The average rent in the UK is now £750 per month. In the EU the average rent is £400 per month. (just think what people could do and how the economy would benefit with that extra money).

What extra money? Instead of Person A (the tenant) spending the "extra" money, Person B (The Landlord) or a person connected to Conpany A (the mortgage lender) spends the money.

It's basic economics Graham.

Graham_Devon

Landofwood wrote: »

What extra money? Instead of Person A (the tenant) spending the "extra" money, Person B (The Landlord) or a person connected to Conpany A (the mortgage lender) spends the money.

It's basic economics Graham.

It is basic economics.

Give 100 people £500 each and they are likely to spend it.

Give one person £50,000 and they are likely to spend a portion of it and save the rest.

Give a multi millionaire landlord £340 a month extra and he/she probably won't even notice. But the family wanting to take their children on a short break in the summer holidays would certainly notice it and go out and use it.

In other words, that £340 goes a lot further and is recycled to far more people / business's when multiple people have it to spend in multiple localites.

If you are a fish and chip shop in a local town - what would you prefer? Everyone gets an extra £20 a week, or one person get's an extra £200,000 in the town? I know what I'd prefer if I was wanting to sell to local people.....multiple extra potential customers - not one.

cells

Generali wrote: »

Clearly some people can afford to rent in London and the SE as some people rent in London and the SE.

A lot of London private rentals are either groups of renters so they are for all intents actually renting rooms rather than homes/flats or they are families that are getting HB to be able to afford it