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HOUSING PRESSURE

39 posts in this topic

LBC said by 2016 it will cost UK people an average of £80,000 (£4,500 take home net) to rent a good place in London.

 

now they didnt make it clear if that was just a 1

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No pressure on my side

 

we eating good over here

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*now they didnt make it clear whether that was a 1 bed house/apartment

 

i doubt this relates to flat/house share people

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Yea just heard that.

That's crazy

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I was reading the article about this, basically to rent in London in 2016 is going to cost you how much it is to rent an apartment in NYC now.

 

:lol:

 

So fucked but it's the capital of the country, it's where the money is

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Bye London

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Would make sense if peoples wages were reflective of these increments

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I said fhfddkdsasyhghssyhhh

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Slowly but surely London's being socially cleansed.

 

Will be very interesting to see how this changes the outer london districts in terms of the people having to move there.

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I said fhfddkdsasyhghssyhhh

No. You say "Chu"

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Slowly but surely London's being socially cleansed.

 

Will be very interesting to see how this changes the outer london districts in terms of the people having to move there.

This.. 

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Need to put a stop to all these rich greedy foreigners buying up property in London and leaving them empty

 

Only people who have lived here for 15 years should be allowed to buy or something along those lines

 

Sure I heard in Thailand they got a rule that foreigners cant buy certain buildings

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The fuck as this got to do with foreginers ?

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Yeah rich foreigners buying up multiple houses and flats for 'investment' and then leaving them completely empty will become a voting issue sooner rather than later, now this has hit the middle classes aka the voting classes you will see some movement on this. First political party to make a move on this will garner a lot of votes.

 

 

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The f*ck as this got to do with foreginers ?

they are buying all the land/property and then renting them out or leaving them empty 

 

in some cases the new builds are advertised in places such as China before marketing them to UK prospective buyers

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I am aware of that. 

 

But the main problem here is the culture of buy to let. That Landlords can dictate whatever amount they want on a property and have the struggling tenant pay off his/her mortgage.

This is what they were discussing on LBC. Regardless of foreigners buying the property or Home citizens. The culture of  buy to let needs to be addressed. Which many of the callers weren't too happy about.

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with all these new builds that i see being built  'buy to let' culture aint going nowhere

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it affects buy to let culture because if foreigners keep buying up properties and leaving them empty nobody can afford to buy - forcing the market to go leff

 

thus an intrinsic theory of renting / demand going up and landlords taking the 'obligation' to increase their rents... RPI

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The fuck as this got to do with foreginers ?

 

 

I am aware of that. 

 

You was not aware of that though was you

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Bye London

 

trust me

 

landlords hiking up prices is a direct result of 'the foreign splash', property along crossrail and battersea park has been hung drawn n quarted. two of the biggest economical ventures in the capitals future and both not due to land for another ten years AT LEAST.

 

Slowly but surely London's being socially cleansed.

 

Will be very interesting to see how this changes the outer london districts in terms of the people having to move there

 

blacks to manny whites to essex and foreigners wherever or what u thnk 

 

Yeah rich foreigners buying up multiple houses and flats for 'investment' and then leaving them completely empty will become a voting issue sooner rather than later, now this has hit the middle classes aka the voting classes you will see some movement on this. First political party to make a move on this will garner a lot of votes.

 

+1

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Guardian ran a video series on empty houses

 

Some big mansions, empty, not used in years

 

Crazy

 

Tories wont touch foreign buyers

 

UKIP or Clegg to try restore some pride into his life

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with all these new builds that i see being built  'buy to let' culture aint going nowhere

Which is why the foreign argument is flawed imo

Most home grown people who buy-to-let do so as a pension for the future. So the poor will pay off your mortgage or will contribute as rent to your pension pot. 

You cant be selective with your buyers when you have cultivated a monopoly style culture with your housing market open to ALL. 

Their is really no room for morals in the housing market..GABOS.

 

Its unfortunate. But it is what it is. 

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