Debate House Prices


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Rents soar to (another) record high

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  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    edited 21 April 2017 at 10:40AM
    "Rent Includes Council Tax, Utilities, TV and Wi Fi." :rotfl:

    So in actual fact the rent portion would be about 600 quid? That example just screams landlord desperation, and it will be interesting to see if it rents at that price.

    Council Tax = Even if Band E for a studio flat its only £178.57 per month. It could be as low as £92.28 per month
    Utilities = Max £100 per month (1 studio bed apartment)
    TV licence = £147 (£12.25 per month)
    WIFI = £14.17 per month http://www.moneysavingexpert.com/phones/cheap-broadband#plusnetbb

    So all in it's probably £700 per month for a one bed studio apartment.


    Back to the question you evaded
    Here's a link,
    https://www.aspc.co.uk/
    What properties are you defining as in decent areas?
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Just for perspective, here is the graph associated

    rent.png

    for the astute of you, you will see that rents in Scotland have plateaued in the last two years and have dipped at this point in each of the last three years.

    Over the 6 year period this graph reflects, rents are still higher

    Combination of low oil prices and uncertainty created by the SNP, I would say. Scotch economy likely to be in recession when next results published - it shrank last quarter.

    Basket case of a place.

    Crashy's right though - some desperate landlord is sure to offload a property to him at a 130% discount any day now (what was your BCR again Crashers?).
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Council Tax = Even if Band E for a studio flat its only £178.57 per month. It could be as low as £92.28 per month
    Utilities = Max £100 per month (1 studio bed apartment)
    TV licence = £147 (£12.25 per month)
    WIFI = £14.17 per month http://www.moneysavingexpert.com/phones/cheap-broadband#plusnetbb

    So all in it's probably £700 per month for a one bed studio apartment.


    Back to the question you evaded


    Mmmmm....nice garden though.......:rotfl:


    1787173.jpg?width=1000&quality=70
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Mmmmm....nice garden though.......:rotfl:

    Mmmmm..... still evading the question :rotfl: ;)
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Mmmmm..... still evading the question :rotfl: ;)


    Mmmmmm....get some better examples of "bedsits" :rotfl:


    500 p.m for a two bedder in Aberdeen now I hear?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    300p.m for a one bedder according to your link to the search function. Ouch! I bet they are actually going for cheaper than that though, wonder if Hamish will comment?
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    Meanwhile, rents continue to rise:

    Private rental prices paid by tenants in Great Britain rose by 1.8% in the 12 months to April 2017

    https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/indexofprivatehousingrentalprices/apr2017

    Glad I don't rent...
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    https://www.pressandjournal.co.uk/fp/news/aberdeen/1288309/rent-caps-could-be-introduced-in-aberdeen/


    :rotfl::rotfl: Keep em coming Hamish :T Classic comedy.


    They are a bit late to be talking about rent caps, now though? Almost as if they WANT to totally collapse the BTL market.....
  • dharm999
    dharm999 Posts: 699 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 16 July 2017 at 4:31PM
    https://www.pressandjournal.co.uk/fp/news/aberdeen/1288309/rent-caps-could-be-introduced-in-aberdeen/


    :rotfl::rotfl: Keep em coming Hamish :T Classic comedy.


    They are a bit late to be talking about rent caps, now though? Almost as if they WANT to totally collapse the BTL market.....

    Why the obsession with Aberdeen, you don't live there. Why don't you look at where you live, Edinburgh? Is it because rents are at record highs, and the facts show a different 'truth' to the one you want to portray?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    dharm999 wrote: »
    Why the obsession with Aberdeen, you don't live there. Why don't you look at where you live, Edinburgh? Is it because rents are at record highs, and the facts show a different 'truth' to the one you want to portray?


    "The average rent of a one bedroom flat in the city is now £498 per month, down 13.2% from last year.
    SNP housing spokeswoman Jackie Dunbar said that despite the fall, rent levels were still above most places in Scotland"


    Unlike you the writer of the article seems to know that flats with private landlords can easily be had for well under 500 p.m in Edinburgh and Glasgow (and elsewhere) ? If you want to believe that the flats near Edinburgh Uni that turn up on your RMove searches are the actual market for ordinary people, then be my guest :rotfl: The comedy value is that one of the biggest bubble trolls on the internet got to experience the crash first hand on their own doorstep :T It is beyond parody :rotfl:
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