The joy of being a landlord

Soldato
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You don't have to move up North, you could always try at life, get a better job and afford a house somewhere desirable.

You can pluck a banger and move it anywhere else in the country you so desire. Houses tend to be a little firmer rooted and therefore their location tends to drive the price significantly more than it might your average banger.

The houses are cheap so you don't need a decent job.

You don't have to move up North, you could always try at life, get a better job and afford a house somewhere desirable.

Thought about moving up North?

Huh? Nobody is ignoring it. Your focus has been on landlords as the cause of it, which is what is being countered, alongside which dowie has been pointing out in detail how more need to be built to lessen this issue.


As has been said, if you want something bad enough you'll do anything to get it. Sometimes that means you gotta sacrifice, live somewhere that allows you to save up for your dream, think of extra revenue streams you can pull in to help you achieve it quicker, etc.

Despite being one of the most in demand counties in UK, and high costs as a result. The average house price is about 300k in Cornwall. So its obvious you can buy cheaper. A quick search shows up lots of properties under that.

But its not that you can't, it that people don't want to, they don't want to live within their budget, or move to somewhere they can afford.

House sharing here isnt much different cost wise than renting if it isnt a student share and for my own personal well being and mental health House sharing isnt really an option. I literally have no luxuries so cant cut what i dont have. I'm saving as much as possible and utilizing the 25% bonus on the Lisa. What side projects should i invest in (spending the money ive saved) to "maybe" make money.

Whole bunch of deleted posts from the last page, as the mods have done a clean up. As I said no point engaging really when most of this is low level trolling. :|
 
Man of Honour
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Whole bunch of deleted posts from the last page, as the mods have done a clean up. As I said no point engaging really when most of this is low level trolling. :|
I stand by my views.

1) Landlords aren't really the problem with the UK housing market, lack of supply is the main problem with the UK housing market

2) This means that costs are higher than they might otherwise be. As there is little chance of you changing the market, you're going to have to play by the market forces which means

3) Control your controllables and afford a house in the area you want by working hard, upskilling, making an effort, getting a better job or something similar

or

4) Compromise on your housing needs by moving to a cheaper area, sharing a house, living in an HMO, or something similar.

That's not trolling, it's facts. You can complain about how unfair it is and how terrible everything is, but that isn't going to sort you out in the short term is it?

TL;DR of my own post - Try harder or move up North.
 
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Don
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Or option c) which I bet almost nobody will actually do, become a local district councillor and try to fix the system.

I bet all the posters raging in here won't consider it though.
 
Associate
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Or option c) which I bet almost nobody will actually do, become a local district councillor and try to fix the system.

I bet all the posters raging in here won't consider it though.

Funny how it's always those without that are expected to try and change the system.

Why are no LL becoming a local district councillor and try to fix the system themselves?

Oh that's right, cus they are too busy using the current system to exploit the low-paid to enrich themselves.
 

NVP

NVP

Soldato
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Whole bunch of deleted posts from the last page, as the mods have done a clean up. As I said no point engaging really when most of this is low level trolling. :|
Yeh so none of them match your statement, in fact some are wildly unrelated :cry:

Typical ColdAsIce post, as I thought :rolleyes:
 
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Soldato
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Yeh so none of them match your statement, in fact some are wildly unrelated :cry:

Typical ColdAsIce post, as I thought :rolleyes:
Cool :) remind me what the average salary is for those jobs I described earlier? Also looking forward to you defending that all those workers I listed don't work hard or smart enough and should all leave their chosen industry. Anyway, I haven't fully attacked LL at all. My argument has always been for the rebuilding of social housing provided by the Council to give everyone a little step on the ladder to owning their own place.
 
Don
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Funny how it's always those without that are expected to try and change the system.

Why are no LL becoming a local district councillor and try to fix the system themselves?

Oh that's right, cus they are too busy using the current system to exploit the low-paid to enrich themselves.
Disclaimer - not a landlord. But in my 37 years on this earth, I've learnt that nobody is going to fix my problems but me.

Lopez might be being blunt, but he's right. If you aren't content with your lot, you upskill yourself and try to earn more, you move to somewhere cheaper or you try and fix the system. There is literally no other option.

That doesn't mean its fair, but shouting at the sky won't change anything.
 

NVP

NVP

Soldato
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Cool :) remind me what the average salary is for those jobs I described earlier? Also looking forward to you defending that all those workers I listed don't work hard or smart enough and should all leave their chosen industry. Anyway, I haven't fully attacked LL at all. My argument has always been for the rebuilding of social housing provided by the Council to give everyone a little step on the ladder to owning their own place.
Or how about I just quote my reply to your initial statement:

Whos said this? Definitely not me considering I know nurses, jnr doctors, postal workers and even retail employees who all own their own homes.

I guess sacrifice and effort breed reward, who'd have guessed?
 
Caporegime
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Whole bunch of deleted posts from the last page, as the mods have done a clean up. As I said no point engaging really when most of this is low level trolling. :|

So you've quoted Lopez saying you don't have to move up north to support this:

Thread has become pointless once the el oh el just move north and works harder types started trolling the thread. I guess postal workers, nurses, refuse workers, junior doctors, retail workers, service industry workers the list goes on. None of these jobs should be done. Everyone should abandon the south of England and get into finance I guess?

One of the posters did however try to start a thread re: seeking a better career a few years back then promptly ignored all the advice and decided he was better off somehow staying put.

I think it's a bit hyperbolic to claim that pointing out things are cheaper elsewhere or that things could be done to improve someone's positon = what you concluded there.
 
Caporegime
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Funny how it's always those without that are expected to try and change the system.

Why are no LL becoming a local district councillor and try to fix the system themselves?

Why aren't the current councilors fixing it? Why are they continually giving in to NIMBYs and not pushing through more developments?
 
Caporegime
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Disclaimer - not a landlord. But in my 37 years on this earth, I've learnt that nobody is going to fix my problems but me.

Lopez might be being blunt, but he's right. If you aren't content with your lot, you upskill yourself and try to earn more, you move to somewhere cheaper or you try and fix the system. There is literally no other option.

That doesn't mean its fair, but shouting at the sky won't change anything.
But as we keep saying, you still need people to do the work that isn't highly paid. The carers, the delivery drivers, the student nurses, the... etc, etc. They are performing useful and necessary work, and then somebody comes along, earning a heck of a lot more than they do, and this other person supplements their income by bleeding the low-paid worker dry with exorbitant rent.

Anyway, I defy anyone to watch the first 8 minutes of this and not be physically sick at the state of things, today.

 
Don
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But as we keep saying, you still need people to do the work that isn't highly paid. The carers, the delivery drivers, the student nurses, the... etc, etc. They are performing useful and necessary work, and then somebody comes along, earning a heck of a lot more than they do, and this other person supplements their income by bleeding the low-paid worker dry with exorbitant rent.

Anyway, I defy anyone to watch the first 8 minutes of this and not be physically sick at the state of things, today.


and? Everyone knows that the housing market is screwed. You can whinge about it or try and overcome it with one of the points I mentioned. As an average citizen, you have no other choice.
 
Soldato
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I was saying £1,000 Gross. I fully understand that will get taxed at 40%

Plenty of houses around my way for £250 -£270,000 that would return £950-£1,200 a month (Gross).

It can be done sure, but you need to think about both options, essentially now that interest rates are up, its much harder to justify renting property out now vs fixed rate savings.

BTL with a mortgage is dead in the majority of areas for sure.

Take the average FTE take-home pay (after tax) of a shopworker, factory worker, carer, office admin, etc, and let's say about 15% of that. 20% max.

But really, if you have sufficient council housing, the private market can do whatever it likes.

The problem is that the reality as of today is we don't have anywhere near sufficient social housing, and the private market isn't always "premium", it very much can be predatory.

I've been consistent in saying that we need the council to provide the fair, affordable housing for the low-paid.

But that's not happening. And it's very, very unlikely to start happening, in the near future. This whole country is obsessed with the idea that housing much always appreciate, appreciate, appreciate. At all costs.

Those figures basically require a 60% drop in house prices to make viable.

Your trust in the councils and government is amazing, because they could easily build social housing, what they have chosen to do instead is hand out benefits.

You can have an annual budget of 100billion to build social housing, at least it will achieve something tangible.

So to write a letter, cut benefits and use the money to build social housing, i'll sign that, at least people are working to build something.
 
Caporegime
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@platinum87 My trust in *this* govt is non-existent. I don't expect a Starmer govt to be much/any better. He's a Tory-lite.

I'm also not sure that the electorate in general will vote for a genuinely socialist govt in this country. We've had them before, but in the UK "socialism" has become a dirty word, for whatever reason. Probably the media (Murdoch et al) can shoulder a lot of that blame.

Anyway, I expect things to get a lot worse before they get better, if they get better at all. There is currently absolutely no sign that any Tory or Labour govt will do much (if anything) to fix the problem. They seem to be happy enough with the status quo. In fact, they seem happy enough that things are getting worse, not better.
 
Soldato
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@platinum87 My trust in *this* govt is non-existent. I don't expect a Starmer govt to be much/any better. He's a Tory-lite.

I'm also not sure that the electorate in general will vote for a genuinely socialist govt in this country. We've had them before, but in the UK "socialism" has become a dirty word, for whatever reason. Probably the media (Murdoch et al) can shoulder a lot of that blame.

Anyway, I expect things to get a lot worse before they get better, if they get better at all. There is currently absolutely no sign that any Tory or Labour govt will do much (if anything) to fix the problem. They seem to be happy enough with the status quo. In fact, they seem happy enough that things are getting worse, not better.

They are all the same and you want to give them more taxes and thus more power to further mess everything up. Thats what trust means.

I've been trying to explain to you for some time but you do not consider it. If you spend more time reading you might, i dont know.
 
Caporegime
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They are all the same and you want to give them more taxes and thus more power to further mess everything up. Thats what trust means.

I've been trying to explain to you for some time but you do not consider it. If you spend more time reading you might, i dont know.
They are not all the same, but the people offering a genuine socialist alternative don't stand much chance of getting power, right now, in this country.

Let's not forget that in the post-war period, we spent a lot of time and money trying to eradicate slum dwellings, and we ended up housing roughly 1/3 of the population in modern, good quality council housing.

Since then, we've allowed things to go into reverse, and now we have an abundance of slum dwellings, once more.

But if we could do it once, we can do it again. The trouble is, none of the candidates likely to win the 2024 election are offering that alternative to the status quo. Those people exist, but they are currently effectively vilified by the media, and the electorate have bought into the idea that socialism is evil, the low-paid are irresponsible and work shy (etc, etc).
 
Man of Honour
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@platinum87 My trust in *this* govt is non-existent. I don't expect a Starmer govt to be much/any better. He's a Tory-lite.

I'm also not sure that the electorate in general will vote for a genuinely socialist govt in this country. We've had them before, but in the UK "socialism" has become a dirty word, for whatever reason. Probably the media (Murdoch et al) can shoulder a lot of that blame.

Anyway, I expect things to get a lot worse before they get better, if they get better at all. There is currently absolutely no sign that any Tory or Labour govt will do much (if anything) to fix the problem. They seem to be happy enough with the status quo. In fact, they seem happy enough that things are getting worse, not better.
Can you name a current Socialist government that's working well? Venezuela perhaps?
 
Associate
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Can you name a current Socialist government that's working well? Venezuela perhaps?

Can you name one that has been tried honestly, with no corruption and misuse of power?

Suggesting that a system doesn't work when it has never actually been attempted honestly is a little ... dishonest, don't you think?

They lacked the necessary checks and balances to prevent corruption and misuse of office / power, so of course the system failed.

What needs to happen is to learn from those failures, adopt appropriate controls so that you do not end up with a broken system where someone in power is suddenly "more equal" than everyone else. *

If nobody follows the plan, the plan will always fail. That does not mean the plan was bad, however.


*But of course that would require "those in power" to actually be genuinely doing it for "the betterment of society" and not just their own personal gain, which is highly unlikely in the current political landscape.
 
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Soldato
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But as we keep saying, you still need people to do the work that isn't highly paid. The carers, the delivery drivers, the student nurses, the... etc, etc. They are performing useful and necessary work, and then somebody comes along, earning a heck of a lot more than they do, and this other person supplements their income by bleeding the low-paid worker dry with exorbitant rent.

Anyway, I defy anyone to watch the first 8 minutes of this and not be physically sick at the state of things, today.

There in lies the rub you come across as making false assumptions then taking a small subset of landlords and are applying all your bitterness and hate from them and aiming it at all landlords even the ones who are not part of that small subset. What are the other landlords meant to do? They can sell up but that doesn't help anyone as that just causes rents to go even higher and means tenants get kicked out of there home which you seem to be against. The landlord can try to help by not overcharging rent, not increasing rent and being under market value but then they get tenants fighting over each other to get into the property and people like you calling then liars, immoral, evil as you don't believe them. You come across as so negative and bias that you don't even like the landlords who charge a reasonable rent and do there job correctly providing the right kind of service.

What about landlords that focus on middle class workers, transient workers, students or even higher level workers earning way over £50k+ as you and the other anti landlord posters come across as having pure hate towards them as well even though they have nothing to do with bleeding the low-paid. So you want all the landlords to just sell up and kick all those tenant onto the street? Just what is the landlord meant to do that will make you happy? As it seems you just want someone to hate on. You hate them if they sell, you hate them if they don't sell, you hate them if they try to help, what is the solution that the landlord can do?

As for supplements their income there is nothing wrong with that so stop pretending its wrong. That's how business works you do a job/service to gain a profit which goes into your income. Its not like being a good landlord is a free ride, it involves work, risk, project management, providing a service and lots of hours at least for the good ones.

You want to hate slum landlords that's fine I don't think anyone really likes them even other landlords. What is not fine is applying that hate you have towards slum landlords to all landlords. What you are doing is the same as looking at the worst 1% of tenants the immoral ones that trash a place, skip payments to spend on drugs/drink and applying that to all tenants. You don't see landlords going around saying all tenants are just after a drug den wanting to trash the place.

As for student nurse's they are often the type of people that benefit from renting. Student accommodation is often rented for good reason as it works out as the best way for the student who is looking for temporary accommodation for a limited amount of time often shared with another students. Somehow you mange to turn even that positive into a negative.
 
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