House Market Quiet

Crashy_Time

caronoel wrote: »

Nope - the crash came a decade later.

Please try harder

Ok, so there really is no connection to what happened in Ireland in the late 90`s and what is happening in the UK now?

Grenage

dlmcr wrote: »

Housing benefit £ amounts are set at a governmental level and this is a large driver of rent levels in an area

Government is unlikely to uplift their husing benefit allowances just because landlords want to protect their margin.

This is true to an extent, but there are more than a few renters who don't receive housing benefits. Renting isn't always about being unable to afford a house.

Crashy_Time

Jack_Johnson_the_acorn wrote: »

What will you do Crashy when your LL decides to pass on the cost to you? Or does your kind LL Never increase the rent.

Well my rent is at the same level for a similar sized flat as it was in the late 90`s, so either that one was over-priced or this one is ultra-cheap, or many private landlords price their properties to attract long term working tenants, which one do you think it is? Take your time thinking, no rush.

Crashy_Time

Grenage wrote: »

This is true to an extent, but there are more than a few renters who don't receive housing benefits. Renting isn't always about being unable to afford a house.

So you think renters not receiving HB will pay more than HB levels?

Crashy_Time

http://www.telegraph.co.uk/business/2016/10/19/foxtons-property-sales-tumble-by-a-third-as-london-house-buying/

Jack_Johnson_the_acorn

Crashy_Time wrote: »

Well my rent is at the same level for a similar sized flat as it was in the late 90`s, so either that one was over-priced or this one is ultra-cheap, or many private landlords price their properties to attract long term working tenants, which one do you think it is? Take your time thinking, no rush.

I imagine the rental prices of gutter properties I.e HMO's, Bedsits and the like that you have confirmed that you currently and previously rented aren't going to increase as much as a 3 bed semi. But even these properties have increased dramatically over the last 20 yrs. A quick rightmove search makes your claims look highly ficticious.

Cheapest 1 bed in Search:
City of Edinburgh.
I found this property on the Rightmove Android app and wanted you to see it: http://www.rightmove.co.uk/s6p/61777016

Crashy_Time

Jack_Johnson_the_acorn wrote: »

I imagine the rental prices of gutter properties I.e HMO's, Bedsits and the like that you have confirmed that you currently and previously rented aren't going to increase as much as a 3 bed semi. But even these properties have increased dramatically over the last 20 yrs. A quick rightmove search makes your claims look highly ficticious.

Cheapest 1 bed in Search:
City of Edinburgh.
I found this property on the Rightmove Android app and wanted you to see it: http://www.rightmove.co.uk/s6p/61777016

You have to use the app that tells you what private landlords have been doing in Edinburgh over the last few years, I think it is www.rightmovenoknow.com.

Crashy_Time

http://www.telegraph.co.uk/news/2016/10/17/central-bankers-have-collectively-lost-the-plot-they-must-raise/


Rates going up would help get the market moving a bit?

Jack_Johnson_the_acorn

Crashy_Time wrote: »

You have to use the app that tells you what private landlords have been doing in Edinburgh over the last few years, I think it is www.rightmovenoknow.com.

So the cheapest doss house available (which looks absolutely miserable) costs £525pcm.... how much do you pay?

cells

kilby_007 wrote: »

Bluebird said we need to build 1 million homes per year to keep up with demand. Doesn't that suggest that 1 million people (per year) have nowhere to live? If you're arguing that those people are renting, then there's not a shortage of homes, there's too many landlords.

There is actually a shortage of about 2 million homes in the uk these people are not homeless but they live more dense than they would like to live. examples might be some of the 1 million + grown up 'kids' aged 20-40 living with mum&dad or those in HMOs living 4-6 to a home would would like to live 2-3 to a home

This would be over a period of 10-20 years assuming the population is flat.
Arguably I could say that whole 2 million shortage is actually in inner London but thats a different topic