To think that renters have put up with big monthly rises for years

[Upthebracket22]

We rent because we have been priced out of the housing market for years & years. We have raised our kids in a rented house & put up with large rises in monthly payments. We’ve been ‘lucky’ in that we’ve been on our current house for 10 years.

Noone has given a flying fuck about renters & the amount we pay & have had to find extra each year but now it’s mortgages going up, it’s all ‘poor mortgage holders’ - it’s really grating on me.

As it goes, the coming housing downturn will mean we actually might be able to buy a house. Safe secure affordable housing is a good thing.

the current housing boom has been created by cheap money and that era is ending. An entire generation of people have been priced out of a safe home & while I don’t want to people in difficulty, renters have had to put up with it for years ‘move to a cheaper area’ being the main nonsense.

We are a normal family with good jobs but saving for a deposit has been impossible because of insanely high rents.

i am tired of the ‘poor mortgage holder’ rhetoric when those of us trapped in rented homes have put up with large monthly hikes for years.

i know this won’t be a popular view on here but for us renters, the last decade had been difficult and no one has given a shit.

@Damnautocorrect, 40 percent in one month is absolutely rediculous. However if it is all in one go, it is not more than once in a year. The poster stated their rent went up every month which would be illegal.

That it’s your fault if you can’t buy a house as you have made bad decisions etc
I'm not a tory and I don't accuse people of making bad decisions. Some value being a young parent and having 3+ children more than owing a house. There is nothing wrong with that.

We all have to accept that very few get to do it all. If I'd opted to have 3 children and work PT, I probably wouldn't be a home owner and certainly wouldn't be a landlord.

I was never entitled to more children nor anyone is entitled to own a 3 bedroom house to house all their children.

I suspect that we have very different world views and will probably never agree, but no, secure housing is not a luxury or a privilege. It is something that we should all have access to, whether we achieve that by paying rent or a mortgage shouldn't matter.

No one is talking about mansions with swimming pools! That is a privilege and a luxury. Decent housing maintained in a way that complies with the laws, and can be afforded by most ordinary people, is not.

I think it's a bit tragic that a house you can afford is seen as a luxury actually.

I agree the rental market is a shit show and that council stock should have been replaced.

As it goes, the coming housing downturn will mean we actually might be able to buy a house. Safe secure affordable housing is a good thing this is very unlikely to be true though as mortgage rates will become too high, deposits high and stress tests high, it doesn't work in your favour at all.

I've put my rent up £100 in 7 years.

There's also nothing wrong with renting.

Plenty of people aren't having dc though which is a problem with the ageing population. I wonder if struggling pensioners will be accused of making the wrong choices?

I suspect that we have very different world views and will probably never agree, but no, secure housing is not a luxury or a privilege
Really? Well yes, it would have been nice to be at home with my children FT until they were at school and then only PT and still expect to own a 3 bedroom house because I was owed one. That certainly would have been my choice, even if the house wasn't as nice.

Sadly, the government can't afford to support everyone 5o pick their choice of lifestyle whilst providing everyone with the luxury of a secured home, so realistically, you have to make the choice.

@vivainsomnia I worked PT, stayed home when the kids were small, and bought a 3 BR house, so surely anyone can do it! You just need to get your priorities in order 😉

I jest! What works for one won't work for all, and we need a society and a housing market that reflects this, while still providing adequate housing.

I think this is a good point.
I too had one child at almost 40 having worked and saved to buy a property. I went without things like a car all my life too. All this meant I finally was able to buy a home at almost 40. It may not be right but many people do have several children in their 20s even several cars etc… and obviously this does mean that they are much less likely to afford to buy. Add to that then relationship breaks up and single parent too. I grew up in rented flat and mum still has to rent this which is why I did the opposite of her and had one child, late so that I could afford a property. Different people have different priorities in life which means they end up with different lives. I do think rent is too high/ too many increases which is why I did what I did.

I worked PT, stayed home when the kids were small, and bought a 3 BR house, so surely anyone can do it! You just need to get your priorities in order
Well if you can afford it, because your oh was on a high income or due to inheritance, there's no issue, is there.

My point is that it is meaningless to tell you - 'you should have just done what I did', as much as it is meaningless for you to say that to others. We are all different with different circumstances, that's life!

@GalesThisMorning, not when compare like for like. You are one of the lucky who didn't have to make a choice between kids and working FT/being a house owner. That's great for you.

Most people don't have this luxury and do have to make a choice, at least at a point in time. No choice is wrong but you have to own it.

But what @vivainsomnia is saying is that those different choices will wield different results.

It is crazy to go into a job that you know isn’t well paid and then huff ‘but it should be.’ It might be true but it isn’t. So you either do it knowing it won’t pay well or you don’t.

Same with housing. If you choose to live somewhere or have a certain no of children, that will impact on other things including housing. No one is saying don’t do it, just that we can’t have everything.

She didn’t actually. It wasn’t worded the best, but it’s clear she meant big rises in monthly rent not big rises happening every month. I have dyslexia so word order mistakes like that don’t phase me as much.

Title: To think that renters have put up with big monthly rises for years

Text of OP: put up with large rises in monthly payments.

You do what you want to do, then you live with those decisions. Many women choose to terminate a pregnancy for fiscal reasons, amongst others.

@Discovereads yes, that is what I meant - that each year our monthly rent goes up by quite a lot! Sorry, badly phrased!

You do what you want to do, then you live with those decisions. Many women choose to terminate a pregnancy for fiscal reasons, amongst others.

That is incredibly harsh and very cold. Terminating a pregnancy because you aren't fortunate enough to afford the ridiculous housing prices is horrible.

Is having a roof over your head part of having everything though? Or is that the minimum amount that citizens of a wealthy county could hope to achieve?

Those saying you shouldn't be able to profit off housing - what alternative system do you propose? The bank profits massively off mortgages, so anyone renting or who is paying a mortgage has had to let someone else profit from their desire to have a roof over their head. Not to mention as PPs have said, people profit from providing other basic necessities of life, eg food. Unless you're in favour of a communist society, I'm not sure what the realistic alternatives are.

It is crazy to go into a job that you know isn’t well paid and then huff ‘but it should be.’

Surely it's also crazy to bemoan the crisis in the NHS or social care if you believe that people shouldn't chose jobs that aren't well paid?

I agree with the OP.
Mortgage holder now, but spent 11 years renting 1 property that doubled in rent during that time. The service charge quadrupled.

I'm in the SE. My former town was affordable for those that grew up there. That was until the Olympics, when gentrification pushed the prices up and made it almost impossible for locals. If you were lucky enough to buy before this, you were quids in. Not so good if you weren't.

Some have good home lives that they can stay at whilst saving to buy. Even better if your parents don't make you pay rent/housekeep.

You don’t have to terminate a pregnancy.

You do have to accept that if you choose to continue with that pregnancy, it may impact on your income levels and this in turn impacts on housing.

Its like working part time and wanting a full time salary. You can’t. (And I do work part time!)

In an ideal world, without a capitalist economy, and an inept government, we could all have access to good, safe, housing in areas where we want to live. The availability of housing is an absolute failure of the government of the previous 12 years.

The reality is a piecemeal approach with disproportionate reliance on the PRS, rising mortgage rates after an unprecedented period of low interest rates, and rising rents due to market factors.

If you want change in the housing markets bloody well stop voting Tory.

And saying my response is cold when I said women terminate pregnancies for fiscal reasons amongst others, is the reality. I'm not passing any sort of judgment on that and neither should you. It is their right to do so.

@vivainsomnia
”You can fall off the property ladder. Many people do. More than you think”

You can and when it happens, it's really sad, but these families still account for a minority only.

How do you know it is a minority? Have you done a survey?

Sadly, the government can't afford to support everyone 5o pick their choice of lifestyle whilst providing everyone with the luxury of a secured home, so realistically, you have to make the choice.

Surely there has to be a balance?

Younger people need to buy into society but we are telling them that you shouldn't have dc, pick a well paid job, save, save, save but all the tax you are paying won't mean you will be able to afford a house, your pension age won't increase or that a free at the point of care NHS will exist in 30 years.