chem1st Posted January 2, 2012 Author Share Posted January 2, 2012 £438 a week, sounds very very cheap after I just seen a video about a guy on £2000 a week housing benefit! Link to comment Share on other sites More sharing options...
Ms Macbeth Posted January 2, 2012 Share Posted January 2, 2012 They will let private landlords buy houses for let in areas that were traditionally bought by first time buyers. This will drive up the price for a "first step" house and create more people to depend on renting and further stretch social housing. Lots of private landlords already own houses in cheaper areas, many are ex council properties originally sold via Right to Buy, or ex NCB houses sold off at a pittance. Link to comment Share on other sites More sharing options...
Sarkysod Posted January 2, 2012 Share Posted January 2, 2012 £438 a week, sounds very very cheap after I just seen a video about a guy on £2000 a week housing benefit! Surely it would be cheaper for the state to actually buy the property? Link to comment Share on other sites More sharing options...
Leah-Lacie Posted January 2, 2012 Share Posted January 2, 2012 I like how the image in the article makes out as though they live in the cinema complex Link to comment Share on other sites More sharing options...
Longcol Posted January 2, 2012 Share Posted January 2, 2012 Surely it would be cheaper for the state to actually buy the property? In Islington? Somehow I doubt it - and doubt if the landlord would have difficulty getting tenants even at that rent. Link to comment Share on other sites More sharing options...
chem1st Posted January 2, 2012 Author Share Posted January 2, 2012 Surely it would be cheaper for the state to actually buy the property? That depends on how much housing benefit they pay and the local interest only buy to let mortgages on offer. The house price is a function of the housing benefit. Link to comment Share on other sites More sharing options...
*_ash_* Posted January 2, 2012 Share Posted January 2, 2012 If they aren't working, then why don't they move to a cheaper city? When they find work that allows them to afford £438/week rent, then they can re-look at the more desirable areas. Link to comment Share on other sites More sharing options...
Green Web Posted January 3, 2012 Share Posted January 3, 2012 If they aren't working, then why don't they move to a cheaper city? When they find work that allows them to afford £438/week rent, then they can re-look at the more desirable areas. £438pw is about average for Islington. And where do they move to? Does Sheffield Homes have too many properties in abundance? Plus there is far less jobs in Sheffield than Islington. Suppose you lost your job where you have roots and family in an area would you like it if you was starved, stressed and then made homeless? Link to comment Share on other sites More sharing options...
southcoast Posted January 3, 2012 Share Posted January 3, 2012 £438pw is about average for Islington. And where do they move to? Does Sheffield Homes have too many properties in abundance? Plus there is far less jobs in Sheffield than Islington. Suppose you lost your job where you have roots and family in an area would you like it if you was starved, stressed and then made homeless? That amount is just crazy,how many people who work can afford to pay that? very few I suspect,those who get their rent paid will have to move to a area more in keeping with their lot and quite right too. Link to comment Share on other sites More sharing options...
anywebsite Posted January 3, 2012 Share Posted January 3, 2012 When the government pays them such high sums of monay then of course it will. These landlords might even be forced to work an actual job for a living. It wont make any difference to the landlord, there is a high demand for housing in that area of London & it'll be filled by somebody else paying the same rent the week after this family are made to find somewhere else to live. Link to comment Share on other sites More sharing options...
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