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Wealthy people who buy up houses to let and their treacherous minions the letting agents that bleed their tenants dry make me sick. Such a despicable example of pure greed and what is the government doing about it? As usual, absolutely nothing! "There you go, of course you can buy as many houses as you like, and don’t forget to rent them out for as much as you can get so your tenants can cover you’re mortgage."
I really hate way the housing market works these days. It's very polarised, designed to make the rich richer and the poor poorer! There is a real shortage of 'affordable housing' in this country now that the property market has gone nuts and house prices have gone through the roof. The only real option for some of us is to rent, and unless you’re a single teenage mother or an asylum seeker, renting a council house is pretty much out of the question. So what else do you do? You rent a house privately of course and that leaves you at the mercy of unscrupulous landlords and their letting agents.
It really grates on me that there is no such thing as fair and reasonable rent. Landlords are always hiking up the price to get as much money as they can, squeezing tenants for every last penny. It’s just ridiculous, particularly here in the South East where we live together like sardines. Some private landlords that rent the house themselves are okay. I have had good experiences as well as bad. So many of them however, are just out to get you to pay their mortgages on their second home. If these people hadn’t bought up all the houses there might be a few left that the rest of us could afford!
When it comes to renting a house, another thing I hate is inspection day. The letting agency that I rent through at the moment, insist on inspecting the property every six months even though I’ve been there for nearly two and a half years and have always looked after the property! I have nothing to hide and I am clean and tidy etc., but I just don’t like the thought of these people wandering in when I’m at work (they don’t do inspections at weekend) and nosing around. It feels almost… degrading.
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I then saw, and realised, what it was to be on the other side of the ladder. I have two daughters, one 23, one 19. They have no chance at the moment of getting on the ladder, and yet we live in a mortgage-free house worth almost £600,000.
It stinks. If anyone wants to "buy-to-let" they should be limited to 3 houses maximum, but I know some who have dozens. Greed isn't the word for them. Evil is. They screw the vulnerable and get whatever they can. It stinks in my view.
Let's hope something happens, because I happen to want my two daughters to be able to afford to get on the ladder.
Unless I and my wife snuff it, they won't be able to.
What a state of affairs.
Don't vote David in - he's done nothing for people who needs houses !
But will local after his rich Chinese mates !
There are many circumstances where we all need rental properties at one time or another.
Pity the government doesn't see fit to build modestly prices houses so that most of the parasites cease having tenants buying them second homes.
You cannot generalise like that. You're reading too much of Athair Siochains posts and blided by foolishness. People take on rental properties for many reasons.
Don't be so narrow minded. Read my post below and learn a thing or two about real life chum.
1. People that have sold their house and looking around to buy another.
2. People that constantly get relocated for work for months at a time
3. People want to "Try before they Buy" in a new area
4. People renovating, or rebuilding due to damage
All 4 cases above rely on the existence of rental properties. I myself have been forced to work interstate on many occasions and have had no other choice to rent my home out whilst renting another. It's the only way I could do it. I didn't want to sell my home because I knew I wanted to go back one day.
So according to Athair Siochian, this makes me a landlord which makes me the most evil thing on the earths surface. I think this highlights what an idiot Athair Siochain is.
Regards
Beach-Sun-River.
Very Angry