Why so much hate for Landlords on MN?

But it isn't serious if there is no practical mechanism to make it happen? How do you envisage that all landlords would become social landlords? Where does the money come from?

Not everyone wants to buy where they live. I have often lived in rented accomodation and never had an issue with any of my landlords. It is very common to need housing but not be settled enough to buy.

Yes I’m serious. Idealistic but serious 😎

Slightly misleading statement.

I suspect, statements like that are unlikely to endear a landlord to MN. It doesn't' scream "balanced perspective".

They will be replaced with institutional landlords. Either way you won't get rid of landlords.

Are you serious? How do you think social landlords would ascertain the capital required to buy/build all the rental stock that we need? Do you understand that there are genuine financial constraints around raising that kind of money? You know gilts are currently running at over 5%?

Social Landlords have access to all kinds of not necessarily scalable advantages like discounted public land, lower interest rates on capital and grants. No matter what many of this forum insist, social housing is effectively subsidised. This is why no government will be able to achieve what you're suggesting.

I became a LL through circumstance. I hate it but I can’t sell the property because the lease is short and I can’t afford to extend it. The mortgage I have on it is interest-only because that’s what I can afford at the moment.

I keep my rent low (given earlier posts, that won’t be believed by many, but there’s nowt I can do to prove it to you) and I pay to fix problems as and when they arise which they do quite often as it’s a Victorian building near the sea. There is no mould in my property and nothing is broken or dangerous. I act on problems immediately tenants make me aware of them. I make a very small profit on it which forms part of my income (I’m in low paid work). But I have had years where I’ve made huge losses. One year the bastard thing cost me £4k (extensive repairs to the building and no tenant for a few months).

But those who think all LLs are cunts won’t be persuaded otherwise. Hate away, I’ll still be over here poring over spreadsheets and government legislation and wondering how soon I can sell the wretched thing.

That’s the point.

Building social housing will reduce the private rental market.

Nah, better just to force smaller landlords out of the business. I hear that National Insurance on rental income is next.

Five people. One property only available. Because all the others have been purchased by landlords.

Tis the way of the left.

You’ve just said you understand supply and demand so surely you can work this out

How on earth can they do this? Private renting is a free market like any other and no supplier can unilaterally charge over the odds without customers shunning them and opting for more affordable properties that are charging the market rate. I suspect what you believe is that rents should be cheaper than they are which isn't the same as landlords charging over market rate.

I think people should be taught about how much it costs to build a house, how much it costs to borrow this money and the costs and risks associated with being a landlord.

Social landlords use their profit to reinvest in housing.

so why do we need other landlords? Let them supply all rented housing stock.

If you buy up so many properties it reduces the amount of those type of properties available for sale at a modest price.

So do you understand why private landlords are hating for over charging ie charging market rent, as much as they can, not reflecting the cost of supplying the product.

I find your stance completely unrealistic. Profit has an important role in incentivising people and organisations to be productive and in fueling economic growth, this includes building or renting houses. Why would anyone bother to build a house or be a landlord if you couldn't make any money out of it? Keep in mind, you would need to take a large amount of risk to put so much money into a property that could have expensive repair bills, problem tenants or suffer a decline in value.

I suspect you think the state should play a larger role in housing but newsflash, we simply can't afford this and even if the government lent a load of money (which it can't afford to) in order to build or buy lots of housing then the banks or those that own government bonds would still be profiting from all of this. They won't simply give the government money for nothing in the same way that a private landlord wouldn't let someone live in the property for no personal gain.

I vocally hate them IRL too, HTH

There are many reasons why landlords are disliked.
Some because they turn family homes into HMO. And ruin a property doing so.
Some because they convince themselves they are doing some sort of public service. They do it for profit. And should not try to convince themselves otherwise.
Because people have sometimes hundreds of properties. And are viewed as parasites.
Because whilst there are decent ones, there are many that really are not.

Which is excessively high because they are hoarding supply and people have no other choice. They're parasites.