chem1st Posted September 16, 2011 Share Posted September 16, 2011 http://www.thestar.co.uk/news/local/barnsley/boom_time_for_rentals_market_1_3769464 AVERAGE rents have hit a new record in Sheffield and are at their highest level this year. Figures from Haybrook, Sheffield’s largest independent estate agent, show the average monthly rent in the city rose two per cent to £580.37 in August. The firm expects rents to break through the £600 a month barrier before the end of 2011. Monthly prices currently range from £295 for a one-bedroom flat in Eckington to £2,495 for a six-bedroom detached house in leafy Brincliffe. Sharon Jackman, Haybrook lettings manager, said: “There is a very active lettings market in Sheffield at the moment, with many of the properties being taken as soon as they appear. “I would expect rents to rise even higher in the coming months given the current level of demand." So I'd imagine the housing benefit bill will be going up as the 30th percentile rate increases. Buy to let landlords will be making more money (without actually providing housing - just assuming ownership and extracting rent from the tenants). And the local economy will suffer as people have less money to spend in the shops. I'd advise people to negotiate their rents down whenever possible, and register for social housing rather than be at the mercy of the greedy slumlords of Sheffield. If you can leave your private rental for a cheaper rental, do so! You can force the market down, if you force the market down, you can lower the benefit bill. If you pay more for housing you force yourself to pay more in tax to cover the higher housing benefit payments. Don't pay more than you need to. Haggle the landlords down. (Also bare in mind the quoted figures are from an estate agent who is trying to talk the market up) Link to comment Share on other sites More sharing options...
FACEBOOK Posted September 16, 2011 Share Posted September 16, 2011 chem's daily Link to comment Share on other sites More sharing options...
VideoPro Posted September 16, 2011 Share Posted September 16, 2011 Is the prize a house, Facebook? Link to comment Share on other sites More sharing options...
FACEBOOK Posted September 16, 2011 Share Posted September 16, 2011 Is the prize a house, Facebook? It could be Link to comment Share on other sites More sharing options...
manofstrad Posted September 16, 2011 Share Posted September 16, 2011 Buy to let landlords will be making more money Yep, 'bout time too. Don't pay more than you need to. Haggle the landlords down. Good luck with that one. Link to comment Share on other sites More sharing options...
VideoPro Posted September 16, 2011 Share Posted September 16, 2011 I hope the prize is a house. Gonna put 46614646 illegal immigrants in there and have a bonfire and loud Arabic music every night. Please god, let it be next door to Roy James' house. Link to comment Share on other sites More sharing options...
FACEBOOK Posted September 16, 2011 Share Posted September 16, 2011 Happy days. Link to comment Share on other sites More sharing options...
0742Sheff Posted September 17, 2011 Share Posted September 17, 2011 I think the thread title should be changed to Chem1st's Rant and have every one of your posts redirected to it Link to comment Share on other sites More sharing options...
metalman Posted September 17, 2011 Share Posted September 17, 2011 We need a Chem1st's housing rant Megathread! (or three) Link to comment Share on other sites More sharing options...
Tony Posted September 17, 2011 Share Posted September 17, 2011 And the local economy will suffer as people have less money to spend in the shops. If people spent less they could buy a house and avoid paying rent. Then they will have more to spend in the local shops. You pays your money... Link to comment Share on other sites More sharing options...
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