Lifetime Social Housing Tenancies

They receiving some rent.
If sold and people end up private renting but claiming housing benefit for 2x as much then any gains are cancelled out

If ppl want my sauna of a flat so fucking badly they can fucking have it.

The Council then has a lot of money (i.e. equity) trapped in the houses that will be delivering a relatively low level of return. There is an opportunity cost to this. There are over 100 council houses worth over £1million. Imagine how much money the councils that owned these houses could make if the houses were sold and the money invested. This is all money that could help plug budget deficits and provide vital services.

What about old housing stock surely they would have been paid for many years ago?

It is defacto subsidised. You have to account for the cost of capital and true cost of building to calculate how much it is subsidised by. A council could sell a house they own and put the money in a bank account that will earn 5% hassle free. This is almost certainly more than the return they get on renting the house to a SH tenant, especially when you account for all the additional costs association with owning and maintaining property. So the tax payer is losing out on money that could be made from this capital because it is being used for SH. This is the definition of being subsidised.

I never suggested that people shouldn't be subsidised, just that you can't benefit from being subsidised and then pontificate about why someone who can't access the same subsidised housing as you would take the risk of getting a mortgage.

The right to buy is simply wrong in the current format, there should be no discount at all. Just because you've rented something doesn't mean you should get a discount.

The discount system leaves the housing provider short because they have to build a new property at today's land prices.

It might seem harsh but but what I'm saying is a lot fairer than a system that rewards some renters who live in a council house while other private renter's have no such right. Those that buy a house a full price are also losing out.

I'm pro state rental but we can't have a system that is using tax payers money to build social housing and then to give homes at a huge discount to those that live in them. If they can afford to buy then go out and buy one.

You’re welcome. 😊

THANK YOU @Blossomtoes 👏

I wish so much that this myth that social housing is subsidised would die a death. The only rent that’s subsidised is that paid by recipients of housing benefit - and most of those are in private rentals.

I will tell my friends neighbour to quit her NHS job and find something else so shes not being "subsidised" Im sure that will help.

NO. It. is. NOT. Not all of it!

AND.

MANY. SOCIAL. HOUSING. TENANTS. PAY. TAX!!!!!!!!

Oh well if your HUSBAND said so, then it must be absolute concrete FACT.

All the LOLz. 😂 This thread is pure unadultered prime peak batshit. Imagine needing your husband's opinion to try to back up your own argument. And if HE agrees then that means your opinion is obviously right! How embarrassing. Having to get a man to back up your opinion!😬

.
YES OPINION!

And of course private let is quite a bit more than social housing.

WE ALL KNOW THAT.

But the horrifically high private lets make social housing rents APPEAR cheap.

THEY ARE NOT!

Seriously, this is like trying put the sun out by pissing on it!

.

Many housing associations behave in the same way Its been all over the press enough times.

I've never understood why they rip out flooring and garden improvements and pull down wallpaper, etc.

I sort of understand why they did it in my living room, which was old and dated, but why go to the expense of paying someone to smash up a perfectly decent foundation and destroy a brand new carpet?

I did ask the woman who showed me the house why I couldn't keep the carpet, but she didn't have an answer other than "it's policy." She then admitted she also thought it was a bloody stupid policy, but they have to do it because the council says so.

Ah but you cannae complain! You're getting it for free, whilst you sit there, jobless, laughing at folks with mortgages.... 😉

When I moved into my HA house not only did they rip out all of the flooring so I had to replace it, even the brand new stair carpet the previous tenant had only paid for a year previous they also dug up all the grass in order to bury the shed foundations (which would have been handy to keep) they smashed up.

That cost ££££ to sort out, and the garden is still not level, and I still find bits of foundation when I am cutting the grass.

On top of that my toilet was not plumbed in and there was actual human shit floating around my garden. Apparently, that was not an emergency, and it was OK to make me wait 6-8 weeks for a contractor, although, admittedly, they changed their mind on that one and sent someone within the hour after I eventually got fed up of fighting them and threatened to report them to environmental health.

I agree . This is dds old flat this is how it was let. No type of flooring . They even strip the walls.

Mine was a Victorian terrace. The previous owner had completely renovated and her taste was identical to mine.

I never said that was always the case? The point i was making was proving to the op that moving into social housing 9 times out of 10 comes with costs.

When I bought we had to lay the floor. The point I was making you don't always get all the bells and whistles when you buy.

I've always been dubious about the inflated cost of brand new property because you do pay for for this stuff, its all part of the package but I can see why it appeals. Either way you end up paying somewhere.

Yep - social housing I've lived in ripped out any flooring etc before a new tenant move in. Even if there's nothing wrong with it.

Erm no. Its pretty standard to have to decorate and pay for flooring in social housing.

When I bought, I didnt have to do a thing.

Both of mine were new and came with bugger all. DH and his cousin spent the first month at weekends laying the floor and waiting for appliances.

Admittedly the second had flooring but that's only because we bought it from someone who bought it as new and then decided to sell up without moving in.

It depends what you buy. My first house was freshly renovated. I moved my stuff in and put the kettle on.