Economy The most common kind of business in the UK is Buy-to-Let.

[A Very Serious Cat]

People using right to buy are usually council tenants who are working. Unemployed ones aren't getting a mortgage to pay off the remainder.

Working or not receiving a council house is a form of benefit

 

[William Huggins]

Yeah I'm anti further immigration to be clear. But I'm still pro rent control.

You have plenty of properties where the landlord doesn't have a mortgage and they're still pumping up their rental prices as a general rule.

We need to be very careful with legislation like that, there's too many large corporations looking at the profit returns on social housing in general.

Social housing is a very difficult one to get right...

 

[William Huggins]

The UK is near to top in Europe for the amount of social housing p

The UK is near to top in Europe for the amount of social housing provided already

It seems something else is going wrong

Yeap the problem is there's shit tons more people than their letting on, that are in the country without our knowledge.

 

[cmw43]

Council housing is still provided in the UK

Other countries like nz have tried govt built housing to buy but ended up massively under delivering on the promised number and they ended up not being really any more affordable than what the market built

Yeah it's still provided but tonnes of it got sold off cheap under "right to buy".

There was 5.5million at the peak in the 70s now it's heading towards 3.5million.

Edit - read your other posts now and broadly agree.

 

[A Very Serious Cat]

Yeap the problem is there's shit tons more people than their letting on, that are in the country without our knowledge.

Just the official net migration levels are insane. They peaked at 900k kn 2023, which is almost twice the population of Edinburgh and is just insane. Ignoring all the other issues these people need to live somewhere and the country only has so many homes they can carve up in tiny, shitty flats to put them in. I wonder what will happen when the supply of them runs low.

 

[Hellowhosthat]

Working or not receiving a council house is a form of benefit

If you're working while living in a council house you still pay rent.

 

[A Very Serious Cat]

If you're working while living in a council house you still pay rent.

It is still subsided though, otherwise what is the point?

 

[Hellowhosthat]

It is still subsided though, otherwise what is the point?

It's slightly below broad rental costs but rental costs are inflated so I don't see an issue with that

 

[A Very Serious Cat]

It's slightly below broad rental costs but rental costs are inflated so I don't see an issue with that

My point is that it's still a benefit and people essentially winning a tax payer funded lottery if they stick around long enough is insulting and stupid. I would ok with the right to buy if people weren't able to rent out the property or sell it for a profit

 

[Hellowhosthat]

My point is that it's still a benefit and people essentially winning a tax payer funded lottery if they stick around long enough is insulting and stupid. I would ok with the right to buy if people weren't able to rent out the property or sell it for a profit

They can't sell for five years I think it is or there's a penalty if they do at least

 

[IDGETKTFO]

I am surprised it isn't Dentistry.

 

[A Very Serious Cat]

They can't sell for five years I think it is or there's a penalty if they do at least

It needs to be never. This is all shuffling chairs on the titanic though while net migration remains so absurdly high. That needs to come down before any solution had a hope of helping supply catch up to demand

 

[Fossor]

Okay. Immigration has an effect.

I shouldn't have said it didn't have any.

There.

Good. The next logical assumption would be to say that landlords are most likely leftists. Are you a leftist @Siver! Do you support these greedy bastards?

 

[Hellowhosthat]

Good. The next logical assumption would be to say that landlords are most likely leftists.

What?

 

[moreorless87]

The UK is near to top in Europe for the amount of social housing provided already

It seems something else is going wrong

A lack of affordable housing is a massive factor as well, developers earn far more building massive estates of big houses and luxury flats.

 

[Fossor]

What?

1. Immigration is good for landlords.
2. Landlords are greedy bastards.
1+2 = 3
3. Landlords should vote left

 

[Hellowhosthat]

1. Immigration is good for landlords.
2. Landlords are greedy bastards.
1+2 = 3
3. Landlords should vote left

Doesn't make them leftists though does it. Not in the way people mean on here anyway.

 

[650lb Sumo]

In American english buy-to-let, means purchasing rental property? Like single family homes, or commercial?

This is new?

It's done with all properties, but commercial property is a higher-stakes, higher risk game and there's less of it, so flats and houses predominate. I happened across this video, which is from the US, but relevant. People complain about dead high streets in the UK with many premises long-term vacant, and no doubt landlords preferring to eg ask for £1,000 and wait patiently, like a spider in the corner of its web, than let a premises out quick for £700, is one of the causes. There are a lot of charity shops because they get tax breaks and have volunteers working.



If anyone can't see it tag me and I'll mirror it.

While the net migration figures continue to run so high in the UK the power is going to stay with the landlords. An accommodation shortage and desperate people leads to landlords getting away with much more than they should

Correct. There are millions living in unlawful accommodation, ie not insured, not fire safe, mouldy, overcrowded, not licensed etc. As we've discussed before, all these unlawful immigrants have created a big shadow economy where most of what they do is against the law and off the books.

Yeah I'd agree with that.

After WW2 the UK government set out on a massive programme of affordable "council housing" they built to give families somewhere cheap to live and they basically did it at cost.

Half a million UK houses were destroyed by bombing in WW2, and a bunch more damaged. Many of them were also considered obsolete after the war - for instance David Icke and at least some of the Beatles grew up in houses without inside toilets.

You still provide a lot relative must other countries, especially other English speaking western countries. You should end the idiotic right to buy scheme for council housing and that would help.

On a side note it's a shame a lot of the UKs council housing is ugly as all fuck, the downside of building them as cheap as possible I guess

The UK is near to top in Europe for the amount of social housing provided already

It seems something else is going wrong

We have one of the highest population densities in the World, never mind Europe, and way higher than the other Anglo countries. I also remember seeing a stat that we have some of the smallest houses/flats in Europe. The Netherlands is quite the anomaly there, wonder what's going on across the sea?

Working or not receiving a council house is a form of benefit

Watch your punctuation.

Yeap the problem is there's shit tons more people than their letting on, that are in the country without our knowledge.

Correct, responded to above.

Just the official net migration levels are insane. They peaked at 900k kn 2023, which is almost twice the population of Edinburgh and is just insane. Ignoring all the other issues these people need to live somewhere and the country only has so many homes they can carve up in tiny, shitty flats to put them in. I wonder what will happen when the supply of them runs low.

They seem to be prepared to concrete over the entire islands. Maybe we'll end up like Easter Island. You can't go anywhere without seeing acres of new housing on the edge of town. Although I still look forward to visiting other areas, the dread of this makes it unpleasant as well.

It is still subsided though, otherwise what is the point?

subsidised

I am surprised it isn't Dentistry.

I wouldn't normally dignify this kind of thing with a response, but you were acidentally kind of right. The nationalised dentistry has been severely overwhelmed, and a lot of people can't get NHS dentistry (the same care by the same staff, but price-capped), or have to wait a long time and/or travel far. I'm on a waiting list for a dentists about 50 miles away which was five years when I joined, for instance.

1. Immigration is good for landlords.
2. Landlords are greedy bastards.
1+2 = 3
3. Landlords should vote left

This is one of those things you know is true without checking, but indeed property developers send the politicans a lot of £, and apparently the Conservatives take the most.

20% of Tory donations come from property tycoons

The sector gave more than £60m to Boris Johnson’s party over ten years, new analysis by Transparency International shows

www.opendemocracy.net

Political party donations: Tories claim large majority of contributions from the property industry | Property Week

The Conservative Party received almost three quarters (72%) of donations to political parties from the property industry in the year from Q2 2023 to the end of Q1 2024, Property Week can reveal.

www.propertyweek.com

Revealed: property developers behind ‘breakfast club’ that donated £130,000 to Labour

Funding from property firms raises questions over loopholes in political finance rules

www.theguardian.com

 

[A Very Serious Cat]

It's done with all properties, but commercial property is a higher-stakes, higher risk game and there's less of it, so flats and houses predominate. I happened across this video, which is from the US, but relevant. People complain about dead high streets in the UK with many premises long-term vacant, and no doubt landlords preferring to eg ask for £1,000 and wait patiently, like a spider in the corner of its web, than let a premises out quick for £700, is one of the causes. There are a lot of charity shops because they get tax breaks and have volunteers working.



If anyone can't see it tag me and I'll mirror it.

Correct. There are millions living in unlawful accommodation, ie not insured, not fire safe, mouldy, overcrowded, not licensed etc. As we've discussed before, all these unlawful immigrants have created a big shadow economy where most of what they do is against the law and off the books.

Half a million UK houses were destroyed by bombing in WW2, and a bunch more damaged. Many of them were also considered obsolete after the war - for instance David Icke and at least some of the Beatles grew up in houses without inside toilets.


We have one of the highest population densities in the World, never mind Europe, and way higher than the other Anglo countries. I also remember seeing a stat that we have some of the smallest houses/flats in Europe. The Netherlands is quite the anomaly there, wonder what's going on across the sea?

Watch your punctuation.

Correct, responded to above.

They seem to be prepared to concrete over the entire islands. Maybe we'll end up like Easter Island. You can't go anywhere without seeing acres of new housing on the edge of town. Although I still look forward to visiting other areas, the dread of this makes it unpleasant as well.



subsidised

I wouldn't normally dignify this kind of thing with a response, but you were acidentally kind of right. The nationalised dentistry has been severely overwhelmed, and a lot of people can't get NHS dentistry (the same care by the same staff, but price-capped), or have to wait a long time and/or travel far. I'm on a waiting list for a dentists about 50 miles away which was five years when I joined, for instance.

This is one of those things you know is true without checking, but indeed property developers send the politicans a lot of £, and apparently the Conservatives take the most.

20% of Tory donations come from property tycoons

The sector gave more than £60m to Boris Johnson’s party over ten years, new analysis by Transparency International shows

www.opendemocracy.net

Political party donations: Tories claim large majority of contributions from the property industry | Property Week

The Conservative Party received almost three quarters (72%) of donations to political parties from the property industry in the year from Q2 2023 to the end of Q1 2024, Property Week can reveal.

www.propertyweek.com

Revealed: property developers behind ‘breakfast club’ that donated £130,000 to Labour

Funding from property firms raises questions over loopholes in political finance rules

www.theguardian.com

I'm on my phone so you'll have to live with grammar and spelling mistakes

 

[Fossor]

Doesn't make them leftists though does it. Not in the way people mean on here anyway.

Well, that's just semantics.
The question is, how do leftists (in the sense of the word you mentioned) feel about making greedy landlords richer while thinking they are voting for a better future?