From the age of 21 I have rented from Housing Association. When I finished my University studies I was unemployed and didn't want to return to my Parents or house share so I applied for social housing. Got given a HA apartment and when I had my Son at 23 I got given a council house.
I've never had the money to buy or private rent so never got to live somewhere I actually wanted and always felt upset and angry at the fact I lived somewhere I didn't like and couldn't move.
I'm in the process of moving to a smaller house but in an area I prefer. I am moving from a two bed semi detached house to a two up two down terraced house but I will be happier there. When viewing I got speaking to the neighbour who informed me she pays £750 a month to rent her house privately!!!! I was absolutely stunned. This is a fairl;y grotty, tiny two bed terraced house in a rough part of Manchester (Central though which pushes the price up).
Intrigued I went on rightmove and found the house I currently rent for £380 a month is on a street where the houses are £700 a month to rent!!!
I am stunned! I've never private rented so never knew the cost. I will appreciate my HA property so much more now.
Both houses are worth about £120k. That's a lot of rent for 120k house. I can understand high rents in desirable areas but these are not. I earn 29k and couldn't afford to rent privately. How do people afford it?
AIBU to think there should be some cap on how much private landlords can charge?
Please or to access all these features
Please
or
to access all these features
AIBU?
To wonder how people afford to private rent and think there should be a cap on it
158 replies
user1498221998 · 29/06/2017 13:13
OP posts:
DancesWithOtters ·
29/06/2017 13:27
This reply has been deleted
Message withdrawn at poster's request.
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