Thread 15 Starmer - Nolite te bastardes carborundorum

[DuncinToffee]

Previous thread

https://www.mumsnet.com/talk/_chat/5244293-thread-14-starmer-the-starmeristas-strike-back?page=40&reply=141334312

“That’s the problem though. Homes shouldn’t be an investment. We need to stop them being”

@cardibach - in principle, I agree. However, in practice a landlord is providing a service that includes some risk, work, compliance with regulations, repairs etc so there has to be a reasonable reward for all that hassle.
Let’s say instead the landlord puts the equivalent money into a ftse 100 indexed linked fund over 20 years and gets a better return that way, with zero effort, then there is no incentive to provide that service.
And given the Government debt and cost of borrowing, they can’t provide the service easily either.

Now I agree it’s an essential service and requires proper regulation, but I can’t see the Government doing it extensively.

Is this MN or Crossword clues ?

Well that's me and my stash told. Best £10 I ever spent (now worth £8,500)

@SerendipityJane I didn't say anything about your particular stash or activity, but people selling it lately and offering those kind of returns are not likely to achieve them, especially in the short term.

Don't love this as it's housing by the state that will stop the public purse being fleeced by landlords. What they want to charge privately is their own affair, but if HB is paid, then no. HB is an unbelievable scam and needs phasing out.

I'm with Rayner, build, build and keep it on the state books. Long term tenancies for renters: the current system is cruel, and splits a community.

Yes would be good if Lab can build more houses for social rent but i do wonder who is going to pay for these houses in the short term.

On the EPC C thing for 2030, its a proposal, subject to a consultation AND if it does come in, LLs will receive monies towards the upgrade of their first property:

A consultation is expected later this year, and it is anticipated to include a cap on the amount landlords will have to spend on upgrades. This was set at £10,000 under previous plans and Ed Miliband our new energy secretary is expected to stick with a similar figure. Miliband has said that his department are still considering support and incentives for private landlords. For example, private rented sector landlords may receive one home fully funded per landlord under Warm Homes: Local Grant. And a 50% contribution from the local authority for the 2nd home

I'm really not sure about this at all.....

I just don’t think people owning multiple houses is right. Would it be a massive change to the structure of housing. Of course. Would it be better long term? Also of course.

How do you/can you cash it in in sterling?

They tried that scheme in mine & neighbouring borough, wasn’t particularly successful as was under resourced the vetting process took for ever & perspective tenants got pushed from pillar to post.
I'm still working my way through the thread, it’s been extremely interesting reading contributors thoughts/views/opinions.

The replies to this are heartening (if you leave aside the fact it’s bloody ridiculous thing for any radio programme to be discussing).
Edit - it’s a thread omn Threads from t(e Jeremy Vine show about whether Farage would be a better PM than Starmer. No idea why it won’t say so here
https://www.threads.net/@jeremyvineon5/post/DEzdH-Lo4zV?xmt=AQGzY-leRbj2bziIXtb02qCp9XYuipRNJbkSjjVBujnjA

Good to see that the Starmer hate is mostly confined to x and mn

Thanks for posting this, Cardi. It totally goes against a lot of the rhetoric which is posted on MN these days (very often by new posters).

Thanks cardi. That’s cheered me up. The Starmer/Reeves hate on here can really mess with your head sometimes.

Badenoch on the Tories

Badenoch: UK getting poorer and failing to compete on world stage | Kemi Badenoch | The Guardian

In a speech billed as the Conservative leader confronting the party’s mistakes in government, Badenoch failed to offer a specific apology but said that the party had offered policy without a plan, including on Brexit and net zero.

“We are all getting poorer,” she said, speaking to journalists and MPs in what was touted as her first keynote speech. “Politicians across all parties have not told the truth about this and instead keep prescribing quick fixes that are actually making things worse.”

No shit - let's do Brexit but not think about the actual what would happen afterwards

Responding to the speech, Labour sent a list of 100 mistakes it said Badenoch should apologise for – including court backlogs, prison places, failing on trade deals and record hospital waiting lists.
Labour’s chair, Ellie Reeves, said Badenoch was “in complete denial” and “still can’t bring herself to be honest about the true litany of mistakes the Conservatives made over 14 years of failure in government”.

Threads is mostly sane so far…drifting X-wards though, sadly.

It was his business (and his job). I was 19 and in no way ready to buy a house or flat. He was making a living.

Home Secretary Yvette Cooper has announced an ‘action plan to expose grooming gangs’

Under new plans, more victims will be given the power to have their cases re-examined, allowing police forces to pursue offenders and secure justice for victims and survivors

https://www.bbc.co.uk/news/articles/c9w5l4vxv2qo

But if you could have rented from someone not trying to make a profit it would have been better.

I saw this fact check on Badenoch's claim that there had been more discussion in parliament of Oasis tickets than of British debt.

In the last 5 years, there have been 23 mentions of Oasis tickets, 5899 mentions of Debt, 1634 mentions of National Debt, 1026 to British Debt, and 434 to Household debt.

·

Would that person not trying to make a profit be the council? Getting a rental flat off the council in the city I went to university in would not have been a lot of fun. I needed a flat that I could easily get to the university and the train station from and I was glad to rent from my landlord.

There is a market for people who are happy to rent privately.

It is looking more and more like Badenoch went to the same Truth academy as Johnson.
Free speech, yay!

I just checked all the share prices of the main UK house builders. The market has NOT bought into Angela Rayner unleashing some sort of big growth. To my philistine eye, the opposite appears to be the case, luke warm at best. What am I missing?

Free speech is the new buzz word, for sure.

She’s just a liar. Almost everything she says seems to be a lie.

A market yes. That’s almost certainly doesn’t mean it’s a good thing. There’s a market for lots of bad things. Private renting - turning homes into investments - is just wrong. It distorts the housing market and exploits the most vulnerable