Any Landlords on here

[Parafox]

 

 

[Guest]

3 minutes ago, Buce said:

 

Wow, you sound awfully bitter, FIF.

 

All I can say is that I've never had any of those problems at all.

I may sound it but I'm not. I'm just wordly and I've seen abuse from the side of tenants which isn't publicised like the abuse from the side of landlords and letting agents (which I fully agree exists.

 

Captain was asking for advice and I want him to go into it with his eyes wide-open. Everything should and could go swimmingly and the outcome is great for all but there are a lot of bad tenants out there, there are a lot of tenants who know what they can get away with, there are authorities that don't like landlords or that will hold them to standards far higher than their own and the law is slow and cumbersome and often unhelpful. Captain could let in good faith and end up without a penny in income for 24 months and a shit load of work to pay for after that on top of the lawyer and court fees, that's if whoever is holding his loan doesn't call it in, take the property and still leave him with charges.

 

20 minutes ago, Sharpe's Fox said:

Justify it all you like. You are earning but not producing anything of value. The fact that you and others complain about letting agencys as “sharks [that] take fees off both ends for doing fvck all.” without any irony or self awareness is equally as galling.

Those people who make the food we eat and the clothes we wear are exploiting us too aren't they? The barstewards! Why don't they give us it for nothing.

 

I could understand if you were attacking the crown or some long line of inherited wealth and property but you're attacking Buce who has probably worked like shit and sacrificed many things to own the house (s) that he's letting to people some of whom will be people who really don't produce anything yet are given handouts that they spend on Smokes, drinks and apple telephones.

 

You still haven't told me what honourable work you do.

 

18 minutes ago, Parafox said:

Well, what a shame, after years of exploiting those who need a place to live and ripping them off for a flat the size of a garage.

What makes you say that Captain has done that?

 

As a paramedic you earn as much as many public workers - a teacher for example - if they've used their income to buy a house and you've disposed of your income on something else, isn't that your choice? 

[Parafox]

2 minutes ago, FIF said:

I may sound it but I'm not. I'm just wordly and I've seen abuse from the side of tenants which isn't publicised like the abuse from the side of landlords and letting agents (which I fully agree exists.

 

Captain was asking for advice and I want him to go into it with his eyes wide-open. Everything should and could go swimmingly and the outcome is great for all but there are a lot of bad tenants out there, there are a lot of tenants who know what they can get away with, there are authorities that don't like landlords or that will hold them to standards far higher than their own and the law is slow and cumbersome and often unhelpful. Captain could let in good faith and end up without a penny in income for 24 months and a shit load of work to pay for after that on top of the lawyer and court fees, that's if whoever is holding his loan doesn't call it in, take the property and still leave him with charges.

 

Those people who make the food we eat and the clothes we wear are exploiting us too aren't they? The barstewards! Why don't they give us it for nothing.

 

I could understand if you were attacking the crown or some long line of inherited wealth and property but you're attacking Buce who has probably worked like shit and sacrificed many things to own the house (s) that he's letting to people some of whom will be people who really don't produce anything yet are given handouts that they spend on Smokes, drinks and apple telephones.

 

You still haven't told me what honourable work you do.

 

What makes you say that Captain has done that?

 

As a paramedic you earn as much as many public workers - a teacher for example - if they've used their income to buy a house and you've disposed of your income on something else, isn't that your choice? 

I was generalising, not specifically targeting captain. We all know that exploitation exists across the country in the housing rental market and the Government turns a blind eye to what's happening.

[Buce]

1 hour ago, Parafox said:

I was generalising, not specifically targeting captain. We all know that exploitation exists across the country in the housing rental market and the Government turns a blind eye to what's happening.

 

I don't exploit anybody.

 

I own a modest two bedroom flat which I let for the same rent as comparable social housing (of which there is very little left in Oadby). I, in turn, pay rent for the house we live in, which is double what I make on my flat. My conscience is completely clear.

 

 As for Sharpey's argument (I note he still hasn't told us how honourably he earns his living), if I sold the flat and put the money in the bank, any interest received would also be unearned income. So short of giving it away, I'm not sure what is expected of me. As FIF said, nobody gave it to me, I paid for it with money I earned. My money, my choice. I became a father at an advanced age, and could well die while my daughter is relatively young. It's my way of taking care of her from beyond the grave and anybody who has a problem with that can fvck right off.

 

Edited 28 January 2018 by Buce

[Rogstanley]

25 minutes ago, FIF said:

I may sound it but I'm not. I'm just wordly and I've seen abuse from the side of tenants which isn't publicised like the abuse from the side of landlords and letting agents (which I fully agree exists.

 

Captain was asking for advice and I want him to go into it with his eyes wide-open. Everything should and could go swimmingly and the outcome is great for all but there are a lot of bad tenants out there, there are a lot of tenants who know what they can get away with, there are authorities that don't like landlords or that will hold them to standards far higher than their own and the law is slow and cumbersome and often unhelpful. Captain could let in good faith and end up without a penny in income for 24 months and a shit load of work to pay for after that on top of the lawyer and court fees, that's if whoever is holding his loan doesn't call it in, take the property and still leave him with charges.

 

Those people who make the food we eat and the clothes we wear are exploiting us too aren't they? The barstewards! Why don't they give us it for nothing.

 

I could understand if you were attacking the crown or some long line of inherited wealth and property but you're attacking Buce who has probably worked like shit and sacrificed many things to own the house (s) that he's letting to people some of whom will be people who really don't produce anything yet are given handouts that they spend on Smokes, drinks and apple telephones.

 

You still haven't told me what honourable work you do.

 

What makes you say that Captain has done that?

 

As a paramedic you earn as much as many public workers - a teacher for example - if they've used their income to buy a house and you've disposed of your income on something else, isn't that your choice? 

We have a housing crisis. We don't have a food or clothing crisis. Imagine if food was in short supply and some people were using their capital to buy up big stocks of food and then selling it on at a profit to people whose only other option would be to starve. That's pretty much what you are doing when renting property.

 

Want to invest your money? You have many options that don't involve trying to make money out of people who just need somewhere to live.

Edited 28 January 2018 by Rogstanley

[Strokes]

4 minutes ago, Rogstanley said:

We have a housing crisis. We don't have a food or clothing crisis. Imagine if food was in short supply and some people were using their capital to buy up big stocks of food and then selling it on at a profit to people whose only other option would be to starve. That's pretty much what you are doing when renting property.

 

Want to invest your money? You have many options that don't involve trying to make money out of people who just need somewhere to live.

You do realise whether you rent, buy or are housing association, you still have to pay for the place you reside in. Who cares if someone is making a bit of money out of it? If all the landlords in here sold up tomorrow, who do you think buys them? Really? 

 

[separator]

32 minutes ago, Rogstanley said:

 

Want to invest your money? You have many options that don't involve trying to make money out of people who just need somewhere to live.

Just keep in the bank. Its not as if they'd lend it to prospective landlords maybe wanting to secure a few extra quid income or a bit of security for their kids.

Edited 28 January 2018 by separator

[Rogstanley]

47 minutes ago, Strokes said:

You do realise whether you rent, buy or are housing association, you still have to pay for the place you reside in. Who cares if someone is making a bit of money out of it? If all the landlords in here sold up tomorrow, who do you think buys them? Really? 

 

I don't expect you to care but when you've got a situation where half the population lords it over all the land then the other half will always be in their debt and that creates inequality.

 

[Guest]

58 minutes ago, Strokes said:

You do realise whether you rent, buy or are housing association, you still have to pay for the place you reside in. Who cares if someone is making a bit of money out of it? If all the landlords in here sold up tomorrow, who do you think buys them? Really? 

 

There are over 2 million landlords in the UK. It's a huge reason for the housing crisis. 

That's the only comment I can be bothered to make.

[Strokes]

19 minutes ago, Rogstanley said:

I don't expect you to care but when you've got a situation where half the population lords it over all the land then the other half will always be in their debt and that creates inequality.

 

Who buys the houses if all the landlords suddenly agree with you and decide to sell? Are any of these tenants in a position to buy a house and if they do, you know what, they have to pay the bank overlords instead. 

I’d love everyone to be able to own their own homes but small time landlords are not the problem are they?

[Strokes]

30 minutes ago, toddybad said:

There are over 2 million landlords in the UK. It's a huge reason for the housing crisis. 

That's the only comment I can be bothered to make.

Aren’t you advocating the government getting into real estate for profit on a mass scale?

[Guest]

6 minutes ago, Strokes said:

Aren’t you advocating the government getting into real estate for profit on a mass scale?

Quite how you got that from my comment I'm not sure.

I was pointing out that if it wasn't for the greed of those with the money to treat houses as investments, instead of being homes you buy one of, there'd be plenty of housing to go round and property would be more affordable.

[Milo]

1 hour ago, Rogstanley said:

Want to invest your money? You have many options that don't involve trying to make money out of people who just need somewhere to live.

You seem to have a bit of a problem with this, don’t you? Why? I’m not sure if your crass comments on this are due to ignorance or some underlying issue...? 

 

There are indeed lots of ways to invest money, buying a property is one of them. 

 

I have a 10 year old and a 4 year old that will never be able to buy their own place. If I buy a 2 bed flat, rent it out for 15 years to pay the mortgage off and then give it to them to live in/sell - why is that bad?

 

I work hard and have done so for 30 years - really keen to know what makes you think I’m a bad, greedy, capitalist, exploitative bastard. 

 

[Strokes]

Just now, toddybad said:

Quite how you got that from my comment I'm not sure.

I was pointing out that if it wasn't for the greed of those with the money to treat houses as investments, instead of being homes you buy one of, there'd be plenty of housing to go round and property would be more affordable.

Most tenants can’t get a mortgage or save a deposit, if nobody bought the houses being built they wouldn’t build any more houses. How would that help?

Some people choose to rent for convenience, do they have immoral landlords? 

I’m not saying their isn’t a housing crisis, I’m not against labour’s housing plans but demonising all landlords because your newspaper tells you too is just stupid.

[separator]

13 minutes ago, toddybad said:

Quite how you got that from my comment I'm not sure.

I was pointing out that if it wasn't for the greed of those with the money to treat houses as investments, instead of being homes you buy one of, there'd be plenty of housing to go round and property would be more affordable.

Its greedy to buy a second home to supplement your income or provide for your children's future?

[Guest]

26 minutes ago, Strokes said:

Most tenants can’t get a mortgage or save a deposit, if nobody bought the houses being built they wouldn’t build any more houses. How would that help?

Some people choose to rent for convenience, do they have immoral landlords? 

I’m not saying their isn’t a housing crisis, I’m not against labour’s housing plans but demonising all landlords because your newspaper tells you too is just stupid.

I'm not necessarily pinning it on the people themselves, more the system that allowed it.

'Most' tenants? Do you have evidence for this? And bear in mind house prices are higher because 2 million landlords own x million properties.

 

Because this had pushed property prices higher, it's also pushed rents higher so % returns are made. Record high rents stop tenants saving.

 

An entire generation that benefited from (relatively) cheap housing have purchased extra properties to make themselves money, and in the process wrecked the chances of their children and grandchildren owning homes.

 

I realise this harsh truth isn't going to be swallowed easily, but that doesn't make it any less true.

Edited 28 January 2018 by Guest

[Guest]

6 minutes ago, separator said:

Its greedy to buy a second home to supplement your income or provide for your children's future?

Yes.

See my last comment.

[Rogstanley]

49 minutes ago, Strokes said:

Who buys the houses if all the landlords suddenly agree with you and decide to sell? Are any of these tenants in a position to buy a house and if they do, you know what, they have to pay the bank overlords instead. 

I’d love everyone to be able to own their own homes but small time landlords are not the problem are they?

Who buys the houses? All the people who would rather buy than rent (that's most people who rent). 

[Strokes]

6 minutes ago, toddybad said:

I'm not necessarily pinning it on the people themselves, more the system that allowed it.

'Most' tenants? Do you have evidence for this? And great in mind house prices are higher because 2 million landlords own x million properties.

If they can get a mortgage why don’t they? You previously shown us personal debt is at an all time high, do you think this would help when applying for mortgages?

 

6 minutes ago, toddybad said:

Because this had pushed property prices bigger, it's also pushed tents higher so % returns are made. Record high rents stops tenants saving.

 

An entire generation that benefited from (relatively) cheap housing have purchased extra properties to make themselves money, and in the process wrecked the chances of their children and grandchildren owning homes.

 

I realise this harsh truth isn't going to be swallowed easily, but that doesn't make it any less true.

The house prices are forced up by a supply and demand. What would help stabilise house prices is if we knew how many to build to cope with demand. You know what might help with that? Controlled migration.

 

 

I realise this harsh truth isn't going to be swallowed easily, but that doesn't make it any less true.

 

[Rogstanley]

18 minutes ago, Milo said:

You seem to have a bit of a problem with this, don’t you? Why? I’m not sure if your crass comments on this are due to ignorance or some underlying issue...? 

 

There are indeed lots of ways to invest money, buying a property is one of them. 

 

I have a 10 year old and a 4 year old that will never be able to buy their own place. If I buy a 2 bed flat, rent it out for 15 years to pay the mortgage off and then give it to them to live in/sell - why is that bad?

 

I work hard and have done so for 30 years - really keen to know what makes you think I’m a bad, greedy, capitalist, exploitative bastard. 

 

Pretty sure I didn't call you any of those names. 

 

I do have a problem with the principle of housing being used as an investment at a time when there is a housing crisis, for reasons outlined in this thread and the other one. 

 

I don't think my views are especially unusual, even the Tory government see buy to let as a problem, that's why they've changed taxes to make it less profitable.

[Strokes]

6 minutes ago, Rogstanley said:

Who buys the houses? All the people who would rather buy than rent (that's most people who rent). 

And what happens to the ones with bad credit that can’t get a mortgage in your rent free world?

[VLC86]

I can’t be arsed reading the last two pages but could anyone recommend someone to look after my ten castles I’ve bought for shits and giggles? Cheers.

Edited 28 January 2018 by Costock_Fox

[Rogstanley]

Just now, Strokes said:

And what happens to the ones with bad credit that can’t get a mortgage in your rent free world?

Well more of them will be able to get a mortgage because prices will fall and borrowing requirements will be less.

 

There will always be a very small number of people who nobody will lend to and others who want to rent for some reason, but that's a problem for after the current crisis is resolved.

[Strokes]

1 minute ago, Rogstanley said:

Well more of them will be able to get a mortgage because prices will fall and borrowing requirements will be less.

 

There will always be a very small number of people who nobody will lend to and others who want to rent for some reason, but that's a problem for after the current crisis is resolved.

So you want these landlords to sell at a loss to fill your moral world, nice. 

How small would the number be and if it’s a moral housing crisis crusade I don’t think leaving people homeless or in houses for sale not knowing when they might find themselves homeless is a great plan. 

Come on what’s the master plan?

[Guest]

9 minutes ago, Strokes said:

If they can get a mortgage why don’t they? You previously shown us personal debt is at an all time high, do you think this would help when applying for mortgages?

 

The house prices are forced up by a supply and demand. What would help stabilise house prices is if we knew how many to build to cope with demand. You know what might help with that? Controlled migration.

 

 

I realise this harsh truth isn't going to be swallowed easily, but that doesn't make it any less true.

 

The vast majority of migrants haven't purchase houses. What they've done is make the millions of greedy brits who bought second, third and fourth houses money via rent.

 

The supply and demand in sales doesn't come from migrants, it comes from brits who are lucky enough to already own their home and can't see they are part of the problem. And also can't admit it, clearly.

 

I'll use myself as an example. I earn way above average wage. But I rent. I can't save as in already paying off somebody else's mortgage. 

 

About ten years ago I tried to buy a property. A nice one came up cheap and I rang to view within minutes of it coming to market. A cash offer had already been made and accepted by a landlord. I had to rent at that point. Have never been able to buy since.

Edited 28 January 2018 by Guest