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PricedOut Discussion
Forums > General Discussion > General Discussion
Subject: Renting:Usual ambiguity in reportage
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lazen


Activist
Activist
Posts:326
19/08/2008 1:53 AM Alert 
We are receiving various "versions"of reality in A UK Media at present:
1)Version 1:Houses arent selling so the mortgage debtors are chossing to
                    try and rent them instead.

   Response:This doesnt explain why someone who cherished aim was wanting  to move quickly to another locale by selling up would inexplicibly choose to rent their property instead for a year to a load
 of strange Australians instead thereby leaving themselves with only a  rental income insteadd of a multi hundred thousand pound cheque and no where to live themselves plus a costly repair bill at the end of the mad drunken Aussies stay plus the task of selling their house in a  years time at 25%less.

2)Version 2:People wanting to get their foot on the first rung are" choosing"to rent instead of buy.

Response:Theres no choice in it.As Uncle Alb said at present there is no housing ladder.
Renting is a matter of survival not choice.

3)Version 3 :Rents are rising due to a perceived "demand in renting".

Response:This is contradictory to 1).If more and more rented properties are being created then there is obviously a surplus supply occurring-hardly the conditons for a shortage leading to a rise in rents!

Then of course they ignore all other relevenant factors-illegal stayers,squatters,
1 million empty properties,house building statistics,demolitions,unpalatable housing,council sell offs and closures,etc.
slicedcake


Activist
Activist
Posts:313
21/08/2008 11:15 PM Alert 
Will the review of the private rental sector help tenants?

http://news.bbc.co.uk/1/hi/business/7561396.stm
lazen


Activist
Activist
Posts:326
22/08/2008 4:14 AM Alert 

Who Knows?This is the one that claims the rental sector is "poorly managed"isnt it?Well weve known that since the ragged slept on Roofs in The East End in the 1880s.
Followed by Rachman.
Another one of these middle class yap yap commitees providing jobs
for Charities Civil Servants Local Authorities and the like.
Remeber The Tories'"Action for Cities"plan in the 1980s?
A slick document and no action.
Several years later the Broadwater Farm Liverpool and Brixton
riots erupted.
They are no better today buyoed up by sub prime credit.

 
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