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I'd be selling up and taking a profit personally.
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True story. Ex colleague of my wife and her partner sold their property to the council. They had to pay a few thousand to remove the ne bathroom and replace it with a cheaper version, so it was in keeping with other social housing. You couldn't make it up!
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Indeed a property owning democracy that was Thatchers dreamworld like most of her potty ideas it ended in tears
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The whole rental market is underpinnned and skewed by Housing Benefit.
So, even in the poorest area, the meanest place is going to fetch LHA, say £400 a month. The tenant on HB has no incentive to lower the rent, so that's the minimum anyone is going to see. True market rate may be half. |
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mmm no. It didn't end in tears. The housing situation is due to a lack of new builds, a big increase in population, an to a lesser extent more single families and more landlords. Thatcher built many more new houses than Tonly Blair.
Yet under Thatcher the population increased by 100,000 a year. Under Blair the population increased by just under 350,000 a year. The housing crisis is by far mainly down to the Blairite years. |
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Indeed, wee need to stop subsidising people who can't afford to come here.
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It is post 1997, when Blair took charge, that house prices and rents boomed
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And this calculation also shores up the value of properties at the bottom of the ladder, since they are all worth potentially £400 pm income to the landlord.
Factor in the short-lease properties that cannot be mortgaged, and the younger generation are put at a further disadvantage, even those backed by the Bank of Mum and Dad. |
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Whoever or whatever blair, thatcher were the same thing the housing bubble exploded culminating in the 2008 crash
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New Labour deregulated the spivs would have gone further
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Migrants getting the blame for a self-perpetuating process.
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The country was a better place 20 years ago.
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they are selling several pubs to them as well
there's only been an increase of population between 8 million and 10 mill(that is the ones we know about) but no matter - doesn't affect anything as far as racism goes I think it is the other way round you read it here first |
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ok Comrade i can agree with this but tell me whats the solution , Brexit would not solve all this
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No man is an island
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To say there is no solution is ridiculous, the time is coming when people will demand one.
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Go on then West Yorkshire enlighten us
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The no brainer regarding housing is zero tolerance to illegal immigration and building more houses in the right areas. Policies attacking landlords are a red herring that purely satisfy those that are jealous of landlords who have benefited from past government policy.
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http://www.oecdbetterlifeindex.org/countries/united-kingdom/
The UK performs worse on housing than any other metric. |
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The Australians advertised in certain countries that if you enter the country illegally you'll be sent straight back. Guess what? It worked. Australia scores 3rd highest on housing after The US and Norway.
Corbyn wants to make illegal immigration legal. It's an absolutely mental policy. |
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ozz is a huge country with a never ending thirst for migrant workers to compare it to the uk is like comparing apples and pears
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It's not like the UK granted, but it had a problem with illegal immigration and it tackled it effectively.
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easier of course to tackle since it's miles from anywhere.
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they are all careerists
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My brother was a migrant worker in Japan. Expected nowt and got nowt, pay your own healthcare and bugger off home when you retire.
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Dear me this Capitalism dear
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apples and pears
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I sold my residential rents and moved them into commercial, ones actually payed more than the residential.
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On the subject of yields...
. https://www.totallymoney.com/buy-to-let-yield-map/ |