To think we should ban private renting?

This is one of the most ridiculous things I've ever read on here. And I say that as someone who only owns one house.

Admit you’re a communist & stop posting nonsense.

What you are advocating is something that’s worth half a million pounds say, the owner, should just give it away for free. Hahahaha.

Imagine Trump or someone world famous, standing up and making an announcement that everyone in the world, should give away their wealth, because poor lazy people who are entitled want a slice of the pie. And easy life. And boo-boo, don’t wanna work hard.

Many home owners, to buy, worked 3 jobs, dressed in rags, never went out or on holidays, never put the heat on, ate beans on toast and boiled rice for 20 years to save up to buy their 1st property, couldn’t afford a car, or a pet. And had zero treats forever. And made MASSIVE SACRIFICES in order to save for a deposit and a home.

Then some communist who has politics of envy wants a slice of the pie.

Now stop watching Netflix all day whilst you’re on the dole, and idly pondering how you can steal other people’s money, get off your backside and start making major sacrifice in your life for years on end, and you too, can afford a home.

PS. I’m all in favour of making social housing like it used to be - you have no right to pass it on to anyone else when you die and the home goes back to the council for the next vulnerable disabled person or veteran.

People work and aspire to get 2nd homes as we did. Not our fault the government have let in millions of people we don't have the infrastructure and housing for.

All property is theft. This worked well in the Soviet Union. Or not…🥺

I suppose I count as old if I’m 65?
I own my own house and have just inherited the family home and my father’s retirement flat.
The family home is currently let.
In 30 years when I’m supposed to be in hell apparently I can leave my properties to my children and then they can be landlords.
However, I fully support ending leasehold tenancies and the building of thousands of council / social housing homes to replace those sold off by the Conservative government.
You can’t pigeonhole us all you know.

Anyone who has relied on the council/state for housing, repairs and maintenance will know how appalling it is.

Local authorities have proven they are not good landlords. Massive off-shore investors are often terrible landlords. Housing Associations are not the state, and their properties and management are wide and varied.

Some of the best landlords are individuals who know their tenants and respect their property — one of my best was a couple who bought a flat when young, managed to keep it when they bought a family home, and when they retired, they sold the family home and moved back into the flat (for which I had to move out, and was happy they were back in a familiar place as they aged and one suffered from dementia).

Anyone who wants to pass domestic decisions to the state for the vast swathes of people who have to or want to rent, is unlikely to have come face to face with the compassionless bureaucrat repeating “computer says no”.

What would you propose should happen to “accidental” landlords - people who for a period of time end up with a second property due to marital breakdown, being forced to relocate for work for 6-12 months etc?

I’ve been in that situation several times and had to do things like rent out my own house whilst I privately rented a different one somewhere else in the country. No way I could have afforded to rent the new one without renting out the existing one.

I don’t disagree in principle but there are an enormous amount of practicalities that you are not taking into account.

Not all

Why?? Like you I had to work for my money and I chose how I wanted to spend it! I have more than 2. Own your own choices.

No @honeyrosesandwich and@JustMerelyHere Housing associations ate non-profit organisations or charities. They are not private companies making profit. That’s why they can provide and maintain houses at lower rents than private landlords.

You've heard of "build to rent" right? One of the key characteristics is institutional ownership. That's private institutional ownership. These schemes aim to provide 20% of the properties at "affordable rent" ie 20% of the market value for rents locally. So guess what the other 80% are being rented out for?

You think it will be better when these institutional landlords have a monopoly on the market? Oh and Keir Starmer and Rachel Reeves hosted several round table meetings with the likes of Black Rock - one of the big institutional landlords.

Now tell me how much better it will be when you don't have choices as a private tenant.

Funnily enough, talk off rent controls etc (now ruled out by Angela Raynor) excluded institutional landlords.

The government are embarking on a massive house building programme. You may have read locally about permissions being given for large planned developments.
Whether Those houses end up for purchase, and indeed affordable (that depends on
local land value) or for rent as social housing is dependent on calculation already laid down in the National Planning Policy Framework, but the mix of building can be subject to getting permission in the first place.
Truth is we’ve become a nation of home owners, and there is more money for developers in providing just that - so maybe that will continue.

You do realise one of the largest private landlords in the UK is Lloyds bank, right?

Private renting will be significantly worse once these corporate landlords have a monopoly.

People rent for all sorts of reasons, for example at the start of my career I was on temporary contracts where I wouldn't have been able to buy and needed to move quickly. This applies to many careers where people need the flexibility of moving, or simply don't want the hassle of buying.

If the housing associations want to buy my two rental properties, they are more than welcome. However, I'd expect to be given market value for them especially if selling with tenants in situ.

There would then be no new builds on the UK and developers would take their funds to different countries.

As things are the cost of building is so expensive that little is being built.

Our council are offering up to £30k to owners of empty property to upgrade them, lease them to the council for twenty years who will pay market rent to the owner. Owners are still not interested. On the other hand some people are buying up cheap property doing them up with council money signing leases and taking the cheques. They have zero responsibility for damage, they get paid even if the property is empty between tenants.

I changed to private renting from a council that dragged their feet over essential repairs including rampant damp. Not much difference in the rent and much better service

So private companies can make a profit but not individuals?

If I form a limited company to buy a house is that allowed?

Terrible idea for lots of reasons but hey at least it's an idea.

Sorry, what does this mean? The human catastrophe of the failure of communism is very real, recent, and not really a head-pat moment.

At least, shouldn't be for anyone who thinks of themselves as one of the good guys.

I blame the heat

💐🙄

Stupid post

Yes, although ironically the cladding was fine and other remedial works were carried out - but even now with an EWS form the property has only half of its original value because no property in the building has been sold in nearly ten years, other then under repossession at really low value to cash buyers, so hugely distorting the current market.

Honestly some of the comments here just show how clueless people are. HA can offer cheap rents because they often receive money and land grants from the government (well, really the taxpayer!!) to build homes, which lowers their overall debt costs compared to private landlords. Do you think HA will go round paying what a privately owned house is worth? Not what it was bought for, because, guess what? people pay hundreds of thousands on interest to banks... Oh and there is this other thing called inflation and also supply and demand, all these factors push a home value up. To think the government, -who btw is in so much debt already subsidising everyone and their granny- will have the funds to buy privately owned homes and provide mega cheap rents is frankly delusional....so OP you are lucky you pay £520 thanks to government subsidies funding by that tax payer, most of us in the real world have to pay a lot more for rent and/or a mortgage.

Yes!!!, I wonder why no one have thought of that before! You can tell you have been subsidized repeatedly (probably not just your rent) because you don't understand how money/the economy/funding works, clearly, if you can't see any issues with your master plan 🫣 you have no idea

Cladding?