Time to start whacking those rent prices up?

Pez2

jebervic wrote: »

Its a general question, but as always, the British have a problem with people making money. I honestly don't envy ANYONE. I work for what i've got, never claimed off the state and never will.

Well it's funny, but you'd imagine that if it were a genuine question then you'd be interested in other people's opinions, rather than dismissing all contrary views and telling us that you've already decided to put your rents up and that you'll easily find tenants to pay the new price as there are hordes of Eastern Europeans who'd bite your hand off at the chance, and if any of us disagee then we're all just a lazy, !!!!less bunch who are jealous of your little goldmine.

So, I'll ask again, do you genuinely want to know whether people think now will be a good a time for landlords to put their rents up, or have you already decided that you know the answer and just want an excuse to boast about how you think you'll be able to squeeze a bit more blood out of your tenants?

(Incidentally, a point you might like to consider:

Working down a mine is hard work. Performing brain surgery is hard work. Doing 12 hours shifts for a dollar a day in a sweatshop is hard work. On a comparitive scale, being a Buy-To-let landlord is not hard work - it's a piece of p*ss.)

epz_2

arnt we forgetting the laws of suply and demand, most people who own a place will not be selling to rent.

the only increase in demand will be from kids leaving home and folk splitting up , i cant see that causing a massiive hike in demand especially with all the btl fodder built in the last few years.

beingjdc

And once the Poles do a bunk, well...

http://www.guardian.co.uk/business/2007/nov/12/economics.immigrationasylumandrefugees

eco-friendly_2

Guy_Montag wrote: »

This is a forum about money saving, not a forum on how to take as much money as possible from other people. People who tend to be the poorest & most vulnerable in society.

Take it you are talking about supermarkets ! surely not people, WHO RENT PROPERTY,

I think you should look at yourself, I think you should look at yourself , at what you are, at your attitude & ask yourself if you are proud to be the person you are, look back to your youth & think whether you then would like the person you are now?

You should apoligize for your STUPID remarks, there is clearly something lacking in you, when you decide to make statements like " I think you should look at yourself ,at what you are "........" look back to your youth " relating to a post regarding rent increases. In 1955 the rent for a 2up 2 down was 10/- ( 50 pence ) a week, LOOK back to your own youth !

Guy_Montag

eco-friendly wrote: »

You should apoligize for your STUPID remarks, there is clearly something lacking in you, when you decide to make statements like " I think you should look at yourself ,at what you are "........" look back to your youth " relating to a post regarding rent increases. In 1955 the rent for a 2up 2 down was 10/- ( 50 pence ) a week, LOOK back to your own youth !

People who rent property tend to be at the poorer end of the financial spectrum, poorer end of the educational spectrum, poorer end of the social spectrum. They tend to be more vulnerable. So the question was: can I now squeeze more money out of the most vulnerable from society?

I'm not sure if you're deliberately misunderstanding me or just plain stupid. suggesting he should look at the rents of his youth. What I was suggesting is that he looks at the person he has become. Evicting people from their homes so he can increase his profit - it's not the sort of person I would like to be. More to the point I, at 18, would have been disgusted at anyone that behaved like that. I do ask myself "am I staying true to myself" - The answer is no, but I wouldn't disgust my 18 y/o self

jebervic

beingjdc wrote: »

Speculating on asset prices with borrowed money isn't 'working'.

Sorry, but it just isn't.

The problem with this forum is that you all tend to personalise discussions and they tend to degrade into insults.

I have never indicated that buying second properties is a form of work, all I am saying is that I get sick and tired of the British mindset and seeing people come and here saying "its not fair" and expecting to be given a home as a right. Go to work, do two jobs if you have to (I did) save your money, buy wirth other if need be.

As for putting up rents, I can put up a rent to the value that the market is prepared to pay, right now I see the housing slump as good opportunity to improve my rental income- why not?.

jebervic

Guy_Montag wrote: »

People who rent property tend to be at the poorer end of the financial spectrum, poorer end of the educational spectrum, poorer end of the social spectrum. They tend to be more vulnerable. So the question was: can I now squeeze more money out of the most vulnerable from society?

I'm not sure if you're deliberately misunderstanding me or just plain stupid. suggesting he should look at the rents of his youth. What I was suggesting is that he looks at the person he has become. Evicting people from their homes so he can increase his profit - it's not the sort of person I would like to be. More to the point I, at 18, would have been disgusted at anyone that behaved like that. I do ask myself "am I staying true to myself" - The answer is no, but I wouldn't disgust my 18 y/o self

Guy

Good morning

Thanks for the comments, I took your advice and thought about what you have said, would I be proud of what I have achieved and my outlook on life, dam right im proud!

I've worked dam hard for what I have, I am happy to help the truly vunerable people in society, but not the majority bone idle scoungers that expect everything on a plate.

My last post on this subject !!!!!!!!!!- good day to you

Pobby

Well I think this just about sums up what New Labour has done for this country.Despite its socialist(joke) principals the last 10 years has created an appalling gap between rich and poor.

It has used housing as its pawn in the game and the results on society will be negative in the extreme.It strikes me as very strange that people on a decent income cannot buy a property and later in life,like me,can enjoy being mortgage free and having a deal of security.Am I grateful that I don`t hand to dance to the tune of some Johnny come lately landlord!

TJ27

Well I don't know about the rest of the country but in my city, of about 300,000 people, there is a student population of about 30,000. So there are thousands of rented houses.

In recent years several very large university halls of residence have been built and landlords have found it increasingly difficult to fill their houses. The ones close to the university are usually OK. However, many landlords that I have spoken to think that next year they will have difficulty finding tenants at all. They will either have to drastically cut their rents or else sell up, possibly at a loss.

Putting rents up in this area would be suicidal.

m00m00

TJ27 wrote: »

Well I don't know about the rest of the country but in my city, of about 300,000 people, there is a student population of about 30,000. So there are thousands of rented houses.

In recent years several very large university halls of residence have been built and landlords have found it increasingly difficult to fill their houses. The ones close to the university are usually OK. However, many landlords that I have spoken to think that next year they will have difficulty finding tenants at all. They will either have to drastically cut their rents or else sell up, possibly at a loss.

Putting rents up in this area would be suicidal.

not sure where you live, but this describes Nottingham perfectly

I saw lots of former student houses up for sale this summer, as landlords flee from the Dunkirk/Lenton area in droves