House price gravy train may have hit the buffers

[Highway Man]

Please sir to explain to me please.

You will go round in circles trying to converse with him, he has no concept of intellect.

 

[pete01]

You will go round in circles trying to converse with him, he has no concept of intellect.

Theres a few on here like that

 

[King Billy]

You have no clue who I vote for.

Fireman T nailed it:

you - including a tendency to use childish cliches, and vote for Racists

You'd vote for Trump, probably vote Reform or Restore.

 

[King Billy]

Please sir to explain to me please.

Your eyes will glaze over arnd you'll repeat your favourite comment:

Next stop, Woke Central, we hope you have enjoyed your journey on the Woke Express.

Choo choo, clickety clack clickety clack.

Wokey wokey choo choooooooooooo

Choo choooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo

Choo choo chooooooooooooooooooooooooooo

Clickety clack ... clickety clack ... clickety clack

etc ad infinitum.

 

[Diver Fred]

is paying £1000 per month th in a shared house . He has a bedroom that he used also as his work from home station and shares a bathroom with one other.

How on earth do”normal” wage earners in >>London<< afford to rent? How can they possibly save for a mortgage deposit? My son earns a lot more than me but London Weighting does not transform a shop assistants salary into a mega wage.

Snipped a bit and highlighted London cause it just ain't London with the problems. Ignoring the popular belief that Landlords are in it for themselves with high rents etc which in my experience is not always true (yes there are some that do profiteer but there are many more that don't). With todays 'standards' on Let properties I'm not surprised that rents are escalating to ridiculous levels - either the costs involved with 'improvements' or the need to buy new properties that 'should' meet the decent homes standard.

 

[diy_fun_uk]

Snipped a bit and highlighted London cause it just ain't London with the problems. Ignoring the popular belief that Landlords are in it for themselves with high rents etc which in my experience is not always true (yes there are some that do profiteer but there are many more that don't). With todays 'standards' on Let properties I'm not surprised that rents are escalating to ridiculous levels - either the costs involved with 'improvements' or the need to buy new properties that 'should' meet the decent homes standard.

The risk is this (it's already starting to happen in some areas).
More and more legislation for landlords to adhere to.
Less profit margin (shock horror, it's a business).
More hoops to jump through.
The parity in the landlord <> tenant relationship edging more and more in favour of the tenant.
Result? Landlords selling up and/or not adding to their portfolio.
Result? Less rental properties available.
Result? Increased rents.
Result? Less availability (or none) for those needing to rent.

Now, some of this might be mitigated if enough social housing is built, however government track record on this isn't great and not everyone needs or wants a social house.

I suspect what may well happen is this. On tv progs like QT in years to come, politicians will be blaming everyone but themselves for the distinct lack of private rental accommodation. Even though the industry is trying to make them see what their increased squeeze on landlords is doing.

There again, why should we be surprised. It's the same as small business trying to say 'we're really struggling here!' with increasing taxes etc. Do government listen?