| Don't believe he has thought this one through 15:48 - May 8 with 5187 views | GlasgowBlue |
[Post edited 8 May 15:49]
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| Don't believe he has thought this one through on 16:53 - May 8 with 2920 views | BrianTablet |
Why not though? |  |
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| Don't believe he has thought this one through on 16:57 - May 8 with 2878 views | BanksterDebtSlave |
At the very least it's a step in the right direction! |  |
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| Don't believe he has thought this one through on 17:02 - May 8 with 2853 views | FrimleyBlue |
BTF we're prob about 10 years away from all property being either privately owned to be lived in or owned by Bluerock and let out. |  |
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| Don't believe he has thought this one through on 17:26 - May 8 with 2742 views | StokieBlue |
He's clearly not put his point across very well and the figures are obviously silly but the general point that landlords make a fortune from rentals in Hackney has an element of truth to it.
A 1-bed flat could easily be over 2000 GBP a month with a 2 months+ deposit upfront.
I am sure the situation is similar in many other places across the country.
Really the solution to that is more social housing but when they knock down an aging council block they tend to rebuild with a nice new one where 50% of the flats are no longer social housing but are sold to pay for the development. Continually doing that is going to erode the social housing stock hugely over time.
SB |  |
| Avatar - M101 - Pinwheel Galaxy |
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| Don't believe he has thought this one through on 17:27 - May 8 with 2742 views | NthQldITFC |
It's along the right lines though, isn't it.
More so than a captive market.
People > Profits.
Human decency.
Basic. |  |
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| Don't believe he has thought this one through on 17:28 - May 8 with 2723 views | MattinLondon |
Speaks a lot of sense but unfortunately we live in a society where they won’t happen. |  | | |
| Don't believe he has thought this one through on 17:29 - May 8 with 2714 views | BanksterDebtSlave |
| Don't believe he has thought this one through on 17:27 - May 8 by NthQldITFC |
It's along the right lines though, isn't it.
More so than a captive market.
People > Profits.
Human decency.
Basic. |
Glassers is hanging on to Capitalism despite all evidence it isn't working, we'll have to rip it from his cold, dead hands! | |
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| Don't believe he has thought this one through on 17:45 - May 8 with 2646 views | management |
Hackney 2 bedroom flat would cost minimum 650k, mortgage repayments 3k per month minimum if say 600k Mortgage and this Individual thinks £600 pcm is sufficient In terms of rent, truly frightening. |  | | |
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| Don't believe he has thought this one through on 17:47 - May 8 with 2607 views | BanksterDebtSlave |
| Don't believe he has thought this one through on 17:45 - May 8 by management |
Hackney 2 bedroom flat would cost minimum 650k, mortgage repayments 3k per month minimum if say 600k Mortgage and this Individual thinks £600 pcm is sufficient In terms of rent, truly frightening. |
Sounds like they couldn't afford to buy it, never mind find someone else to pay for it! | |
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| Don't believe he has thought this one through on 17:51 - May 8 with 2588 views | SitfcB |
| Don't believe he has thought this one through on 17:45 - May 8 by management |
Hackney 2 bedroom flat would cost minimum 650k, mortgage repayments 3k per month minimum if say 600k Mortgage and this Individual thinks £600 pcm is sufficient In terms of rent, truly frightening. |
He’s going to Crystal Palace. |  |
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| Don't believe he has thought this one through on 17:52 - May 8 with 2572 views | BABLUE |
| Don't believe he has thought this one through on 17:29 - May 8 by BanksterDebtSlave |
Glassers is hanging on to Capitalism despite all evidence it isn't working, we'll have to rip it from his cold, dead hands! |
Tory boy being Tory boy |  | | |
| Don't believe he has thought this one through on 17:54 - May 8 with 2561 views | eireblue |
| Don't believe he has thought this one through on 17:29 - May 8 by BanksterDebtSlave |
Glassers is hanging on to Capitalism despite all evidence it isn't working, we'll have to rip it from his cold, dead hands! |
Actually, they guy speaking, is taking about creating a stronger economy in a capitalist economy.
Small-scale spending by more people tends to produce stronger, more stable economic and social benefits than wealth concentrated in a fewer wealthier people.
For instance, someone with a safe, predictable, affordable home, with more disposable income, will spread money, more widely in the economy, you know, like buying an extra cake in a cafe  . |  | | |
| Don't believe he has thought this one through on 17:58 - May 8 with 2532 views | Swansea_Blue |
| Don't believe he has thought this one through on 17:45 - May 8 by management |
Hackney 2 bedroom flat would cost minimum 650k, mortgage repayments 3k per month minimum if say 600k Mortgage and this Individual thinks £600 pcm is sufficient In terms of rent, truly frightening. |
And therein lies the problem. We’ve got a housing crisis affecting ownership and then renters. House prices compared to incomes are at near historical highs and renters pay on average twice as high a proportion of their income (c. 35%) compared to the European average (c. 18%). If we talk about raising incomes people kick off against it, and I doubt many of us house owners would value a drop in house prices. I don’t know what gives. |  |
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| Don't believe he has thought this one through on 18:17 - May 8 with 2451 views | Guthrum |
| Don't believe he has thought this one through on 17:58 - May 8 by Swansea_Blue |
And therein lies the problem. We’ve got a housing crisis affecting ownership and then renters. House prices compared to incomes are at near historical highs and renters pay on average twice as high a proportion of their income (c. 35%) compared to the European average (c. 18%). If we talk about raising incomes people kick off against it, and I doubt many of us house owners would value a drop in house prices. I don’t know what gives. |
That's because, for a considerable time, property ownership has been the only reliable way of saving money and passing it on to one's descendents. A lot of people went buy-to-let when the dot.com bubble and the Iceland collapse blew massive holes in pension pots.
That then gives a massive incentive for house prices to be maintained, as a lot of the buyer were quite marginal on equity and/or needed to raise further funds against that equity.
A bit of a shambles, but trying to deconstruct it will leave a lot of people hurt. |  |
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| Don't believe he has thought this one through on 20:55 - May 8 with 2293 views | Clapham_Junction |
Reminds me of what Clay Cross council tried to do in the 70s - end private renting by buying up all the privately rented properties and turning them into council housing.
https://municipaldreams.substa |  | | |
| Don't believe he has thought this one through on 22:42 - May 8 with 2094 views | reusersfreekicks |
Another day another GB anti Green post.
On a day where Restore win all seats in Great Yarmouth.
On a day where Reform get major gains.
All about priorities I suppose |  | | |
| Don't believe he has thought this one through on 23:11 - May 8 with 2021 views | redrickstuhaart |
| Don't believe he has thought this one through on 17:58 - May 8 by Swansea_Blue |
And therein lies the problem. We’ve got a housing crisis affecting ownership and then renters. House prices compared to incomes are at near historical highs and renters pay on average twice as high a proportion of their income (c. 35%) compared to the European average (c. 18%). If we talk about raising incomes people kick off against it, and I doubt many of us house owners would value a drop in house prices. I don’t know what gives. |
The more I think about it, the more this could well be the most significant issue in our nation and economy. | |
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| Don't believe he has thought this one through on 23:13 - May 8 with 2008 views | Camul123 |
Are you a landlord?
It's a simple argument for affordable housing being a human right in a developed western society - do you have a problem with that argument?.
Where (and how) in your opinion should those at the lower end of the income scales live? | | | |
| Don't believe he has thought this one through on 02:57 - May 9 with 1893 views | flykickingbybgunn |
| Don't believe he has thought this one through on 17:26 - May 8 by StokieBlue |
He's clearly not put his point across very well and the figures are obviously silly but the general point that landlords make a fortune from rentals in Hackney has an element of truth to it.
A 1-bed flat could easily be over 2000 GBP a month with a 2 months+ deposit upfront.
I am sure the situation is similar in many other places across the country.
Really the solution to that is more social housing but when they knock down an aging council block they tend to rebuild with a nice new one where 50% of the flats are no longer social housing but are sold to pay for the development. Continually doing that is going to erode the social housing stock hugely over time.
SB |
I would pay a lot of money not to live in Hackney. |  | | |
| Don't believe he has thought this one through on 03:25 - May 9 with 1873 views | Joey_Joe_Joe_Junior |
Jesus! Did the entire Green Party skip economics class?
Meanwhile in the real world… |  |
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| Don't believe he has thought this one through on 03:27 - May 9 with 1870 views | Joey_Joe_Joe_Junior |
| Don't believe he has thought this one through on 23:13 - May 8 by Camul123 |
Are you a landlord?
It's a simple argument for affordable housing being a human right in a developed western society - do you have a problem with that argument?.
Where (and how) in your opinion should those at the lower end of the income scales live? |
That’s not what he’s arguing, he quite literally just said no landlord should make a profit, which would mean there would be no landlords, which means…. | |
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| Don't believe he has thought this one through on 04:17 - May 9 with 1824 views | Joey_Joe_Joe_Junior |
| Don't believe he has thought this one through on 17:28 - May 8 by MattinLondon |
Speaks a lot of sense but unfortunately we live in a society where they won’t happen. |
Yeah so much sense! Put people on the street that can’t afford to buy and reduce property values for home owners at the same time that have been trying to build equity. Cause chaos in the financial market while you’re at and let properties going into disrepair. Genius stuff! [Post edited 9 May 4:18]
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| Don't believe he has thought this one through on 06:47 - May 9 with 1642 views | NthQldITFC |
| Don't believe he has thought this one through on 17:58 - May 8 by Swansea_Blue |
And therein lies the problem. We’ve got a housing crisis affecting ownership and then renters. House prices compared to incomes are at near historical highs and renters pay on average twice as high a proportion of their income (c. 35%) compared to the European average (c. 18%). If we talk about raising incomes people kick off against it, and I doubt many of us house owners would value a drop in house prices. I don’t know what gives. |
Clamp down on the unlimited parasitic 'buy to let' model that TV programmes w*nk off about all the time, and build social housing?
Or is that too close to the pockets of the middle grounders?
Cue opprobrium storm. | |
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| Don't believe he has thought this one through on 06:50 - May 9 with 1632 views | NthQldITFC |
| Don't believe he has thought this one through on 23:13 - May 8 by Camul123 |
Are you a landlord?
It's a simple argument for affordable housing being a human right in a developed western society - do you have a problem with that argument?.
Where (and how) in your opinion should those at the lower end of the income scales live? |
Perhaps wherever they can pay the most into the wealth funnel? That's their duty, after all. | |
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