2024 Election thread
Comments
-
Good post. As I said above, Ricks desire is somewhat simplistic and optimistic.
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Ah back to, it's difficult so let's continue our current course of making the problem worse.
0 -
-
They're not, which is why there are so few landlords. Lots of people sold up when the tax rules were changed. Landlords are not the major problem causing housing shortage.
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
It's almost as though someone in authority should have a coherent plan for how and where to build the housing that is a fundamental basic necessity.
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
You sure about that?
.3. Most (84%) tenancies were represented by individual landlords, with companies representing 13% and those with both or other organisations 3%. In 2018, the picture was largely the same, Annex Table 1.3.
1.4. Landlords were asked how many rental properties they own in England. Almost half (43%) owned one rental property, representing 20% of tenancies.
A further 39% owned between two and four rental properties, representing 31% of tenancies. The remaining 18% of landlords owned five or more properties, representing almost half (48%) of tenancies, Figure 1.2.
0 -
Yeah, that's got to be the starting point but unfortunately it's a lot more complex. Even if the land was available now in the areas it is needed we wouldn't get close to the 300,000 homes a year needed due to the lack of trades and material supplies. God knows what it would do to construction inflation. Like anything that has been allowed to decline for decades, fixing the problem becomes harder and harder. I really don't know how it gets fixed in my life time.
0 -
Wibble
2 -
The sooner Humanity gets to Mars the sooner nimbyism will be a thing of the past.
0 -
Yes. That chart says nothing about the number of landlords over time.
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
It is a cottage industry. It can't be efficient if over half of tenants are managed by single or double property landlords.
Economies of scale have clearly not reached the landlord industry, which suggests to me there is a of wastage, and inefficiencies, which ultimately comes at the cost to the consumer (aka renters).
0 -
I think you've lost the thread of what you are arguing for. There is a shortage of homes for rent and sale. Consolidating the lettings industry doesn't change that at all.
All these small landlords are using the same lettings and management agencies and the same maintenance contractors. I'm not sure what efficiency you think there would be by pooling ownership.
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
I thought the whole point of the government making it harder for the small landlords was not to make home ownership easier but to allow their buddies in the city to go large.
================================
Cake is just weakness entering the body0 -
'Set to...'
There's a long way to go before they get anywhere close to replacing them.
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
It's just a tangential discussion.
You're right, the shortage of homes is the big issue. If I were king for a year I wouldn't let the landlord industry off the hook.
0 -
I'm sure Rick will ready to berate Martian Boomers, Tories and Landlords.
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]1 -
Oddly enough, cottage industries can be and often are quite efficient. But that doesn't go down well in big corporate land.....
Indeed, sometimes small businesses are significantly more efficient than large ones.
0 -
He can't argue with Martians though as they'd alleviate the housing crisis. He should be all for the space race.
0 -
I don't understand what hook they are currently being let off. Their property appreciates mostly due to the restrictions on housebuilding and the resultant shortage. If they are lucky they will make a small margin on the rent versus maintenance and management costs.
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
A good friend was one of these evil landlords, he rented out his flat for a few years after moving in with his girlfriend. Eventually they got married and bought a house so he sold the flat. He made some money renting it, but not enough that it was any more than if he'd stuck it into a high interest account. In return he had all the hassle associated.
There are certainly bad landlords, those are the ones that should be held to account.
0 -
But it's a chart.
0 -
You can't listen to me, I know nothing about supply and demand. This means that regardless of whether I have a point, if I don't use the correct technical terms, you must disregard my comments.
I never argue like that. 😙
0 -
Another by election incoming
BBC News - Chris Skidmore: Tory MP to quit over new oil and gas licences
0 -
.
He absolutely will not have another opportunity lined up he needs to take now rather than when there are 200 other ex candidate candidates.
0 -
TBF you’ve not offered a solution, got confused between market volume and demand and declared that you don’t think the price is determined by the supply and demand. 😬😬😬
0 -
I mean other than I haven't, that's right.
0 -
I might have conflated market volume and supply. If that helps?
0 -
Interesting to see how the Australians are dealing with their housing crisis. Demand management is sensibly part of the plan.
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
And a spot of bedtime reading for disillusioned millennials
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
