Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Rents soar to (another) record high

Options
2456740

Comments

  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Time for rents to be regulated. Too many greedy slumlords in the private sector.
    Changing the world, one sarcastic comment at a time.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    stator wrote: »
    Time for rents to be regulated. Too many greedy slumlords in the private sector.

    sure way of expanding supply?
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    stator wrote: »
    Time for rents to be regulated. Too many greedy slumlords in the private sector.

    Slums? You think that introducing rent controls will increase the quality of properties for rent :rotfl: When will people like you realise that regulating rents will decrease the quality of rental properties?
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • cells
    cells Posts: 5,246 Forumite
    Ahem.

    New builds...

    fb782b2e-e120-43a6-ba9d-08a7f17e0ef2.png

    Mortgages....

    UK_mortgage_approvals_-line_chart-largewebinline-600x404.png

    Both showing only small improvement over the last few years.

    The correlation is remarkable.


    I think you have put the cart before the horse

    If new builds crash so do transactions and mortgage approvals as 100,000 fewer new builds results in some 350,000 fewer transactions and mortgage approvals.

    So build more and Mortgage approval will go up not the other way around

    PS have a look at French mortgage approval vs new builds.
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    Maybe the Government will do a 'Help to Rent' scheme as this was successful with Help to Buy so I'm told?
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    wymondham wrote: »
    Maybe the Government will do a 'Help to Rent' scheme as this was successful with Help to Buy so I'm told?

    Wouldn't that just be housing benefit?
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You need to earn to be earning about £18k to rent a studio flat round this way. £21k for a 1-bed flat.

    You rarely see jobs advertised at those rates!
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Corbyns maiden leaders speech today laid out his hopes for a Labour Mayor to bring rents down. The whole speech was focused on handouts, redistribution, benefits, helping the worlds poor, basically the man wants your income and assets to give to an army of willing recipients.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Conrad wrote: »
    Corbyns maiden leaders speech today laid out his hopes for a Labour Mayor to bring rents down. The whole speech was focused on handouts, redistribution, benefits, helping the worlds poor, basically the man wants your income and assets to give to an army of willing recipients.

    A vote winner. :)
  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    CLAPTON wrote: »
    sure way of expanding supply?
    Over the last few decades housing supply has not increased. Infact it has decreased relative to the population.
    Houses are not being built to be rented out. If you regulate rents it will have no effect on housing supply whatsoever.
    Changing the world, one sarcastic comment at a time.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.