£300 a month or £3,000?

obsessed_saver

thisismoney wrote:

A spokesman for Raglan said the affordable housing was a condition of planning permission. 'Rents are set to government guidelines and are based on property values and local earnings levels.'

ORLY?

Based on property values and local earnings levels? So, £500k flat is worth only £75 in rent, really.

SquatNow

obsessed_saver wrote: »

ORLY?

Based on property values and local earnings levels? So, £500k flat is worth only £75 in rent, really.

Price<>Value?

Captain_Mainwaring_2

LittleMissAspie wrote: »

"People thinking about buying there will be thinking, 'Do I want to spend so much and have some unemployed person in the next block giving me grief?"

Wow, what a stuck-up !!!!!!.

Isn't he just, I for one would think that the place would be enhanced with a couple of burnt out Cortina's and a few dumped beds.

Having seen they way "social housing" ruined a beautiful development close to us I would never buy anything near social housing - notwithstanding that this is nothing to do with the principal, rather the people.

mitchaa

Captain_Mainwaring wrote: »

Isn't he just, I for one would think that the place would be enhanced with a couple of burnt out Cortina's and a few dumped beds.

Having seen they way "social housing" ruined a beautiful development close to us I would never buy anything near social housing - notwithstanding that this is nothing to do with the principal, rather the people.

Agree with you there,

I would be furious in paying out all that money to have someone on benefits living next door to me aswell:mad:

Its not stuck up at all..

You've got a single mum with a child earning no money apart from what the state gives her and a £250k pa high flying solicitor or businessman living next door to her..absoloute crazy.

Where's the incentive?

It wont be long until the rif raff take over and spoil this development.

Another example of the ludicrous society we live in:rolleyes:

SquatNow

mitchaa wrote: »

You've got a single mum with a child earning no money apart from what the state gives her and a £250k pa high flying solicitor or businessman living next door to her..absoloute crazy.

Where's the incentive?

There's an incentive. It's just the incentive is being given to the wrong people.

the term you are looking for is "Moral Hazard".

pickles110564

SquatNow wrote: »

I did a thread on it a while back. Caused a lot of controversy.

I dont believe that! :rolleyes:

pickles110564

SingleSue wrote: »

I live in social housing and although I would be over the moon at being offered something like that, it would be tempered with guilt over the other residents having to struggle to pay an extremely high mortage each month.

Put honestly...... I wouldn't be happy with myself and would find it difficult to live in that sort of situation.

Everyone deserves somewhere nice to live and should not feel guilty about it.

Scarlett.1974

Captain_Mainwaring wrote: »

Having seen they way "social housing" ruined a beautiful development close to us I would never buy anything near social housing - notwithstanding that this is nothing to do with the principal, rather the people.

Now, that's what REALLY makes me angry.

If we were lucky enough to be given a 'social housing' house I would be over the moon. And like somewhere on that development? I'd think all my birthdays had come at once. I would be so pleased, I would love that house, care for it, be a good neighbour and thank my lucky stars every flipping day.

I can't understand the mentality of some people (referring to the quote above). Why can't they see how lucky they are? We pay a shocking amount to private rent and are in the lowest category on the council/HA list so will be private renting for a long time <sigh>

fimonkey

Those who can't see how lucky they are have never had to work for anything in their life! It's been handed to them on a plate with a 'softly softly there there' approach, and consequently, they now have no idea HOW to work for what they want.

I was brought up in the 70's and 80's in social housing (a purpose built council estate) but back then, the council was the main body you rented from. There was no stigma to renting from the council, decent folk did it, and took care of their own and each other's property. There was no urgent need to make money from property, or see owning property as the ultimate until Mrs Thatcher waved her wand and sold off the majority of council houses at a ridiculously cheap price and made home ownership a 'must'.

The only ppl who didn't buy during this time were majority bottom dwellers, who continued to breed more bottom dwellers, who then put more pressure on the little remaining social housing and ultimately created the situation we have today whereby decent folk are stripped bare whilst the bottom dwellers continue to have it all handed to them on a plate. I'm with you Scarlett, it makes me fume!!

Trune

Scarlett.1974 wrote: »

I can't understand the mentality of some people (referring to the quote above). Why can't they see how lucky they are? We pay a shocking amount to private rent and are in the lowest category on the council/HA list so will be private renting for a long time <sigh>

Luck has nothing to do with it, its about what you do with your life, the oppertunities you take and miss. Everyone can get to a place in life where they can be financially stable. I just starting to pay silly rental prices which i cant really afford, but only because i havent used my full potential in life. I'm not unlucky, its my own fault. I dont see why anyone should get free accomodation. (except special cases).

i'd be very angry if i lived there, how ridiculous our government is building council houses in sandbanks.
there goes that neighbourhood. What drive would anyone have if they are given houses like that for doing nothing. Thats going to motivate them isnt it....