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Money Moral Dilemma: Should I tell my friend I want to pay less rent?

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Comments

  • stevemul
    stevemul Posts: 22 Forumite
    Ninth Anniversary 10 Posts Photogenic Combo Breaker
    Did you vote Conservative in the General election? If so you voted for this system. If you voted Labour then you are correct and it is a disgrace.
    If you voted anything else, it's irrelevant.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    https://medium.com/@danfareyjones/the-btl-crackdown-is-restraining-rents-1cbe7bfaaad
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    dickavis wrote: »
    So, if they were mortgage free I assume that you would want to live there rent free.


    You might expect a favourable rent. Landlords who can often lower the rent to get long term tenants IME.
  • LushesFaith
    LushesFaith Posts: 101 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    You should tell your friend that you will not be able to afford the rental price in the long term and that you are seeking another place to live. Check local market for rent prices and compare. Make a decision.
    To make money work for me
    To save and do great things with the family
  • quotememiserable
    quotememiserable Posts: 604 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Although many people are replying to this, I think it's clear that MSE Sarah has gone away. Why don't we let this thread die a peaceful death.
  • Slithery
    Slithery Posts: 6,046 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 25 September 2017 at 8:59PM
    You do realise that this was never a real question, just a Money Moral Dilemma?

    It's one of the hypotheticals that MSE staff post now and again.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Yes, I suppose the juicy profit bit is just a distant dream for many landlords now.......:(
  • parkrunner
    parkrunner Posts: 2,610 Forumite
    Eighth Anniversary 1,000 Posts
    Slithery wrote: »
    You do realise that this was never a real question, just a Money Moral Dilemma?

    It's one of the hypotheticals that MSE staff post now and again.

    Well no because in this case there is no moral dilemma.
    It's nothing , not nothink.
  • seven-day-weekend
    seven-day-weekend Posts: 36,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I used to rent out two rooms in my house - one for £250 a month and one for £300 a month, bills included. I had no mortgage at all.

    Should my lodgers have lived rent-free?

    It was still miles cheaper than renting a house and then paying bills!!
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    This thread should be interesting after rent controls are introduced?
This discussion has been closed.
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