Rents Frozen In Scotland From Today

Retireby40

Sarah1Mitty2 said:

Retireby40 said:

If there were no landlords more people would be living at home with their parents until they were about 40.

If there were no rental properties those new couples wouldn't realise if they could live together or not before buying their own pad.

If there were no rental properties students would have to study in their home town or city and forego the opportunities at other Universities. It may mean doing a course they don't want to do.

If there were nor rental properties people looking for new experiences or to learn a new language or whatever would never be able to.

Without landlords and rental properties the world would be a much worse place. What would the other option be for the above people?

Please someone tell me what the above people would do?

Well that sums up nicely why there will always be landlords! Not sure when you last went to Uni but there are Uni rentals (run by the Uni) being thrown up everywhere, students won`t be staying at home any time soon.

Yeah but not everyone wants to live in halls of residence. Nor can everyone afford it as some of the university accomodation is extortionate. And after all isn't it the same?

Instead of say me as a landlord making money from students needing to live beside the University, large organisations are making millions from student rentals. 

It's attitudes like this that are laughable. Oh it's OK that the Uni makes millions from student rentals or some huge property developer but hey let's crucify the average Joe for earning a few hundred quid a month on his money instead of leaving it in a bank account losing money.

Sarah1Mitty2

Retireby40 said:

Sarah1Mitty2 said:

Retireby40 said:

If there were no landlords more people would be living at home with their parents until they were about 40.

If there were no rental properties those new couples wouldn't realise if they could live together or not before buying their own pad.

If there were no rental properties students would have to study in their home town or city and forego the opportunities at other Universities. It may mean doing a course they don't want to do.

If there were nor rental properties people looking for new experiences or to learn a new language or whatever would never be able to.

Without landlords and rental properties the world would be a much worse place. What would the other option be for the above people?

Please someone tell me what the above people would do?

Well that sums up nicely why there will always be landlords! Not sure when you last went to Uni but there are Uni rentals (run by the Uni) being thrown up everywhere, students won`t be staying at home any time soon.

Yeah but not everyone wants to live in halls of residence. Nor can everyone afford it as some of the university accomodation is extortionate. And after all isn't it the same?

Instead of say me as a landlord making money from students needing to live beside the University, large organisations are making millions from student rentals. 

It's attitudes like this that are laughable. Oh it's OK that the Uni makes millions from student rentals or some huge property developer but hey let's crucify the average Joe for earning a few hundred quid a month on his money instead of leaving it in a bank account losing money.

I didn`t say anything was OK, just that if there is this massive demand that you talk about then there will always be landlords, whether it is average Joe or Mr Corporate I don`t know. If we are being honest many average Joe`s are not fit to be landlords so a few of them being culled is no bad thing, they should also cut the student population and get young people back to trades and practical skills, but that is another discussion. I was pushing back against some of the comments on here about mass sell offs because landlords are annoyed at the government for doing this etc. it just isn`t going to happen in my opinion.

Retireby40

Sarah1Mitty2 said:

Retireby40 said:

Sarah1Mitty2 said:

Retireby40 said:

If there were no landlords more people would be living at home with their parents until they were about 40.

If there were no rental properties those new couples wouldn't realise if they could live together or not before buying their own pad.

If there were no rental properties students would have to study in their home town or city and forego the opportunities at other Universities. It may mean doing a course they don't want to do.

If there were nor rental properties people looking for new experiences or to learn a new language or whatever would never be able to.

Without landlords and rental properties the world would be a much worse place. What would the other option be for the above people?

Please someone tell me what the above people would do?

Well that sums up nicely why there will always be landlords! Not sure when you last went to Uni but there are Uni rentals (run by the Uni) being thrown up everywhere, students won`t be staying at home any time soon.

Yeah but not everyone wants to live in halls of residence. Nor can everyone afford it as some of the university accomodation is extortionate. And after all isn't it the same?

Instead of say me as a landlord making money from students needing to live beside the University, large organisations are making millions from student rentals. 

It's attitudes like this that are laughable. Oh it's OK that the Uni makes millions from student rentals or some huge property developer but hey let's crucify the average Joe for earning a few hundred quid a month on his money instead of leaving it in a bank account losing money.

I didn`t say anything was OK, just that if there is this massive demand that you talk about then there will always be landlords, whether it is average Joe or Mr Corporate I don`t know. If we are being honest many average Joe`s are not fit to be landlords so a few of them being culled is no bad thing, they should also cut the student population and get young people back to trades and practical skills, but that is another discussion. I was pushing back against some of the comments on here about mass sell offs because landlords are annoyed at the government for doing this etc. it just isn`t going to happen in my opinion.

100% agree with getting young people into trades and other forms of employment. Too many people are going to university to simply avoid the real working world.

I see people studying until 24-25 and starting their first job in their late 20s, not because there aren't any jobs. But because their perfect job isn't available at that time and instead of getting something else they wait and do umpteen courses that have 0 value.

The world neede landlords whether people like them or not. My issue is that people target landlords because they are an easy target.

Stop people having 2 houses. Stop my neighbour making an extra £500 a month from his rental property etc etc. Jealousy more than anything. Yet people are OK with other businesses buying cheaper and selling more expensive and making millions 

spoovy

It's not just landlords, the godawful IR35 legislation forced me to close my business just over a year ago. In case you're not familiar it appears to be based purely on the popular public perception that anyone who works for themself must be hugely wealthy and a tax dodger.  Small ltd companies have been closing in droves ever since.
How we've ended up in a country so actively hostile to small business is beyond me.

Rogerrabbit777

I dont know why governments dont look at how things are run in other countries. Renting is not something unique to the uk. For example in spain for the first five years of occupancy (in some cases 7) the landlord can only put up the rent each year if it is written into the original contract (if its not then they cant raise it for the first 5  or 7 years) and then it can only go up a certain % depending on the consumer price index

Retireby40

spoovy said:

It's not just landlords, the godawful IR35 legislation forced me to close my business just over a year ago. In case you're not familiar it appears to be based purely on the popular public perception that anyone who works for themself must be hugely wealthy and a tax dodger.  Small ltd companies have been closing in droves ever since.
How we've ended up in a country so actively hostile to small business is beyond me.

Spot on. There's an ideal from some people who work for employers and are told what time to start, what time to finish and what to do that anyone who is self employed is rich, is lucky, and has millions of pounds under their mattress at home.

Small business owners, people who have invested in property etc are poorly thought off. It arguably boils down to jealousy. People didn't make the same moves and ultimately believe those who did don't deserve it.

It's the old....he is successful because of luck or inheritance or whatever and I am in my position because of bad luck. Loser mentality.

Rogerrabbit777

Retireby40 said:

spoovy said:

It's not just landlords, the godawful IR35 legislation forced me to close my business just over a year ago. In case you're not familiar it appears to be based purely on the popular public perception that anyone who works for themself must be hugely wealthy and a tax dodger.  Small ltd companies have been closing in droves ever since.
How we've ended up in a country so actively hostile to small business is beyond me.

Spot on. There's an ideal from some people who work for employers and are told what time to start, what time to finish and what to do that anyone who is self employed is rich, is lucky, and has millions of pounds under their mattress at home.

Small business owners, people who have invested in property etc are poorly thought off. It arguably boils down to jealousy. People didn't make the same moves and ultimately believe those who did don't deserve it.

It's the old....he is successful because of luck or inheritance or whatever and I am in my position because of bad luck. Loser mentality.

I think alot of the problem comes from there being such social discrepancies  in such a small country stemming from the thatcher years were it was all about wealth creation.for example People in the south of england buying up council houses for peanuts then selling them off for 500k a few decades down the line. Its documented that the uk is the worst country in western europe for the lack of social mobility interms of what you are born into you will most likely die in. As the saying goes money goes to money and while of course there is always exceptions for many its a constant struggle.

Rogerrabbit777

most people who do well have normally had some sort of foot up. Either via, investment, inheritance or some sort of luck of things working lit at the right time being in he right place etc etc Its not loser mentality its just a fact of life.

Retireby40

Rogerrabbit777 said:

most people who do well have normally had some sort of foot up. Either via, investment, inheritance or some sort of luck of things working lit at the right time being in he right place etc etc Its not loser mentality its just a fact of life.

You make your own luck.

Where is the stats that say that those who do well had a foot up?

Me and my wife set up our business with about £6000 of savings. That business now turns over close to £90-100k a year. We are the only workers in the business. No hand outs, no luck. I have to work long hours, mornings evenings weekends. On my Sundays off I have to organise stuff. During Covid we got 0 help.

Need something more than your opinion. Many people do well because they are willing to do what others won't.

Sacrifice their family time, weekends, drinking, holidays, nice cars, nice clothes, £1000 mobile phone for a longer gain.

It's the very thing wrong with a lot of 20 somethings. They aren't willing to take a second job, they overspend on material things and then say "we can't afford a house".

My dad was a factory worker on minimum wage. My mum worked in BT for years. Neither went to Uni. They separated so I was brought up in a single family home in a council estate. But I applied myself at school and uni and although out that time I worked odd jobs. At university when my friends were partying every night I was working. Why? Because I had to and wanted to be independent. It hasn't been plain sailing. All the opposite but this idea you need wealthy parents to become wealthy is nonsense.

There have been plenty of people born into poor families made a success and there have been plenty of people born into millions who went onto to waste it due to poor work ethic and bad choices.

ProDave

^^^ Top post.  I could have written that myself, almost, with a few details being different.