Housing Before BTL

ukcarper

cells wrote: »

depends on the particular household and their spending habits rather than if they are employed or not.

An employed person on £100k a year subsisting in a HMO eating only bread and water wont create much local employment. While a single mother with 6 kids spending £40k a year into the local economy is likely to create more than one job. Actually probably more like 2 or maybe even 3 jobs if you take her kids into account (school, NHS services, etc)

Not sure how you work that out and a single mother with 6 kids would not get £40k without housing benefit. I think you will find it would take a lot more than 1 person to create that many jobs, this is showing you really don't have an idea.

cells

ukcarper wrote: »

Not sure how you work that out and a single mother with 6 kids would not get £40k without housing benefit. I think you will find it would take a lot more than 1 person to create that many jobs, this is showing you really don't have an idea.

people use public services on top of their private spending

For example if someone had 25 kids. their kids alone would effectively have one teacher working for them and probably a school non teacher role too. If they have 2.5 kids then they have 0.1 teachers and admin working for them

Most families also make use of the NHS. If the NHS has 1 million staff for 65 million people then the ratio is 1 to 65. So for every 65 people that leave London to go and live in stoke then one NHS job moves from London to stoke. or for a family of 6.5 people them moving moves 0.1 NHS jobs with them


if you tally up all the goods and services people use you will find that almost 0.5 jobs move for each 1 person. That is quite good because the ratio of working people is almost 0.5 people per population.


so to go back to what I said, jobs move with people and are not a geographical feature of the landscape

Generali

ukcarper wrote: »

Not sure how you work that out and a single mother with 6 kids would not get £40k without housing benefit. I think you will find it would take a lot more than 1 person to create that many jobs, this is showing you really don't have an idea.

A single mother with 6 school age kids will get a huge amount more spent on her family than £40,000. The idea that the figure is so low is ridiculous.

http://www.telegraph.co.uk/finance/personalfinance/10169865/Costs-for-state-school-hits-22500-per-child.html

Spending on state education alone would be £135,000 a year. That's before a single penny in benefits has been paid out or any of the seven have gotten sick.

If our strawlady heroine spends pretty much all she earns then between income tax, NI and VAT then if she makes £250,000 a year she's just about paying her way.

Let's hear it for strawlady and her kids. I very high achieving woman (or a very expensive one).

cells

ukcarper wrote: »

Not sure how you work that out and a single mother with 6 kids would not get £40k without housing benefit. I think you will find it would take a lot more than 1 person to create that many jobs, this is showing you really don't have an idea.

For a family of 6.5 (2 parents, 2 grand parents, 2.5 kids) if they move from x town to y they will take with them something like

0.17 NHS staff
0.15 Education staff
staff
0.20 construction and maintenance
0.30 wholesale and retail

and probably a lot more I have missed. With the state representing 40% of the economy then 40% of the jobs that move with the people will not be direct spending by the household but indirect jobs they do not pay for like schools and hospitals and roads and well you get the idea

Generali

Oh when I said paying her way, I mean she's paying for her kids' education.

cells

Generali wrote: »

A single mother with 6 school age kids will get a huge amount more spent on her family than £40,000. The idea that the figure is so low is ridiculous.

http://www.telegraph.co.uk/finance/personalfinance/10169865/Costs-for-state-school-hits-22500-per-child.html

Spending on state education alone would be £135,000 a year. That's before a single penny in benefits has been paid out or any of the seven have gotten sick.

If our strawlady heroine spends pretty much all she earns then between income tax, NI and VAT then if she makes £250,000 a year she's just about paying her way.

Let's hear it for strawlady and her kids. I very high achieving woman (or a very expensive one).

seems quite high, I think the link you posted says £22,500 is the cost parents themselves spend on paying for things for their kids (school uniforms, transport to and form school, etc) to attend school for age 4 to 18

I think the education budget is something like £80 billion or over £6k per kid per year assuming there are 13 million kids in education. Plus a good chunk more expensive for the ones that go on to uni too

So mother with 6 kid has over £36k per year in local spending for state schooling alone. plus as you noted, NHS spending and other state services too

Generali

cells wrote: »

seems quite high, I think the link you posted says £22,500 is the cost parents themselves spend on paying for things for their kids (school uniforms, transport to and form school, etc) to attend school for age 4 to 18

I think the education budget is something like £80 billion or over £6k per kid per year assuming there are 13 million kids in education. Plus a good chunk more expensive for the ones that go on to uni too

So mother with 6 kid has over £36k per year in local spending for state schooling alone. plus as you noted, NHS spending and other state services too

£90,000,000,000 according to this mob:

http://www.ukpublicspending.co.uk/

8.2 million kids:

https://www.gov.uk/government/publications/number-of-schools-teachers-and-students-in-england/number-of-schools-teachers-and-students-in-england

so £10,975 per child on average or £65,000 a year for the family.

There are 432,000 teachers employed in UK schools FTE so 1 teacher per 19 kids. Therefore our family 'employs' about a third of a teacher.

And yes, my number was waaaay too high.

If they consume their 'fair share' of healthcare they will also employ:

1.6% of a doctor
4.1% of a nurse
1.7% a a theraputic/technical person
and
0.4% of a manager

plus 0.007% of an MP to vote on the NHS budget each year.

michaels

Generali wrote: »

A single mother with 6 school age kids will get a huge amount more spent on her family than £40,000. The idea that the figure is so low is ridiculous.

http://www.telegraph.co.uk/finance/personalfinance/10169865/Costs-for-state-school-hits-22500-per-child.html

Spending on state education alone would be £135,000 a year. That's before a single penny in benefits has been paid out or any of the seven have gotten sick.

If our strawlady heroine spends pretty much all she earns then between income tax, NI and VAT then if she makes £250,000 a year she's just about paying her way.

Let's hear it for strawlady and her kids. I very high achieving woman (or a very expensive one).

Sense check: what is gdp per head in the UK?

michaels

I can not understand the argument that selling someone an asset at 100k below its market value is terribly unfair but renting the same person the same asset at £1k per month below its market value for decades (obviously costing much more overall) is right and proper. Could those who argue this so strongly please explain their logic. Thanks

Generali

michaels wrote: »

Sense check: what is gdp per head in the UK?

About 30 grand a year.

The Government spends IIRC the best part of half a trillion squids each year.