| Why pay rent to the council to reinvest for the greater good..... on 08:54 - Jun 30 with 1391 views | SaleAway |
Maybe because the council don't have any homes that you can rent off them?
We have a massive housebuilding shortage. Is it really that bad that JL are looking to add housing stock? They appear to be aiming for a higher level of affordable homes than most developers do, so I'm not entirely sure where the problem is here? |  |
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| Why pay rent to the council to reinvest for the greater good..... on 08:59 - Jun 30 with 1379 views | BanksterDebtSlave |
| Why pay rent to the council to reinvest for the greater good..... on 08:54 - Jun 30 by SaleAway |
Maybe because the council don't have any homes that you can rent off them?
We have a massive housebuilding shortage. Is it really that bad that JL are looking to add housing stock? They appear to be aiming for a higher level of affordable homes than most developers do, so I'm not entirely sure where the problem is here? |
I think I would prefer it if councils or a similar public body could. Also, affordable homes aren't affordable. |  |
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| Why pay rent to the council to reinvest for the greater good..... on 09:01 - Jun 30 with 1376 views | SuperKieranMcKenna |
I worked for a European company who owned a large amount of property as an investment. However, it was made available to employees for very competitive rents - it’s a shame more companies don’t do this. | | | |
| Why pay rent to the council to reinvest for the greater good..... on 09:05 - Jun 30 with 1363 views | lowhouseblue |
building homes for people to live in. evil bastards. |  |
| And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show |
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| Why pay rent to the council to reinvest for the greater good..... on 09:09 - Jun 30 with 1355 views | BanksterDebtSlave |
| Why pay rent to the council to reinvest for the greater good..... on 09:05 - Jun 30 by lowhouseblue |
building homes for people to live in. evil bastards. |
I guess we should be grateful, just like we are for our water. | |
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| Why pay rent to the council to reinvest for the greater good..... on 09:12 - Jun 30 with 1331 views | Zx1988 |
| Why pay rent to the council to reinvest for the greater good..... on 09:05 - Jun 30 by lowhouseblue |
building homes for people to live in. evil bastards. |
The issue (and my issue with it) is that these are properties that will never come to the open market.
Build-to-rent has really emerged as a sector over the last five years, with a lot of the big players such as L&G making inroads into it.
It does nothing to solve the housing crisis. All it does is create more rental stock to make the rich richer, and perpetuate the system of paying hundreds/thousands of pounds a month in order to live in a property, and have nothing to show for it at the end. | |
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| Why pay rent to the council to reinvest for the greater good..... on 09:13 - Jun 30 with 1323 views | lowhouseblue |
| Why pay rent to the council to reinvest for the greater good..... on 09:09 - Jun 30 by BanksterDebtSlave |
I guess we should be grateful, just like we are for our water. |
good swerve. we have a housing crisis the solution to which involves building new homes. you object to an employee owned mutual building houses. wow. | |
| And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show |
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| Why pay rent to the council to reinvest for the greater good..... on 09:16 - Jun 30 with 1288 views | giant_stow |
| Why pay rent to the council to reinvest for the greater good..... on 09:09 - Jun 30 by BanksterDebtSlave |
I guess we should be grateful, just like we are for our water. |
Isn't John Lewis the sort of company you should be backing, at least as the best of a bad lot?
As someone presumably with a home, is it fair for you to argue against building 10,000 more? |  |
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| Why pay rent to the council to reinvest for the greater good..... on 09:17 - Jun 30 with 1283 views | lowhouseblue |
| Why pay rent to the council to reinvest for the greater good..... on 09:12 - Jun 30 by Zx1988 |
The issue (and my issue with it) is that these are properties that will never come to the open market.
Build-to-rent has really emerged as a sector over the last five years, with a lot of the big players such as L&G making inroads into it.
It does nothing to solve the housing crisis. All it does is create more rental stock to make the rich richer, and perpetuate the system of paying hundreds/thousands of pounds a month in order to live in a property, and have nothing to show for it at the end. |
so you want to abolish the rental sector? only owner occupied houses affect the housing crisis? you think the provision of all housing should be not for profit? radical stuff. | |
| And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show |
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| Why pay rent to the council to reinvest for the greater good..... on 09:18 - Jun 30 with 1274 views | SaleAway |
| Why pay rent to the council to reinvest for the greater good..... on 09:12 - Jun 30 by Zx1988 |
The issue (and my issue with it) is that these are properties that will never come to the open market.
Build-to-rent has really emerged as a sector over the last five years, with a lot of the big players such as L&G making inroads into it.
It does nothing to solve the housing crisis. All it does is create more rental stock to make the rich richer, and perpetuate the system of paying hundreds/thousands of pounds a month in order to live in a property, and have nothing to show for it at the end. |
So we're upset at having to pay over the odds for rent, because there aren't enough houses, but we don't want people to build more houses for us to rent. OK.
Of course it doesn't entirely solve the underlying problem of not enough housing stock, but surely any stock that adds to availability of properties is better than none? | |
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| Why pay rent to the council to reinvest for the greater good..... on 09:19 - Jun 30 with 1263 views | BanksterDebtSlave |
| Why pay rent to the council to reinvest for the greater good..... on 09:13 - Jun 30 by lowhouseblue |
good swerve. we have a housing crisis the solution to which involves building new homes. you object to an employee owned mutual building houses. wow. |
It's not a swerve at all. It is an observation on the conflict between private and public wealth and our continued road to a rentier society. The thread is really to see how comfortable people are with this and I have not declared a settled view. Waitrose being employee owned may make it more palatable but it's the thin end of the wedge. But perhaps they'll run it as a not for profit purely for public service workers.....let's see. | |
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| Why pay rent to the council to reinvest for the greater good..... on 09:25 - Jun 30 with 1238 views | SaleAway |
| Why pay rent to the council to reinvest for the greater good..... on 09:19 - Jun 30 by BanksterDebtSlave |
It's not a swerve at all. It is an observation on the conflict between private and public wealth and our continued road to a rentier society. The thread is really to see how comfortable people are with this and I have not declared a settled view. Waitrose being employee owned may make it more palatable but it's the thin end of the wedge. But perhaps they'll run it as a not for profit purely for public service workers.....let's see. |
I don't think anyone is arguing against the fact that governmental driven mass house build is probably the only way to really address the housing crisis. However, at a time when its clear that this isn't going to happen in the short term, what else could be done? Asking the private sector to build more houses is probably better than having them just land bank?
What is your solution ( working within the parameters of our current democratic system)? | |
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| Why pay rent to the council to reinvest for the greater good..... on 09:29 - Jun 30 with 1225 views | lowhouseblue |
| Why pay rent to the council to reinvest for the greater good..... on 09:19 - Jun 30 by BanksterDebtSlave |
It's not a swerve at all. It is an observation on the conflict between private and public wealth and our continued road to a rentier society. The thread is really to see how comfortable people are with this and I have not declared a settled view. Waitrose being employee owned may make it more palatable but it's the thin end of the wedge. But perhaps they'll run it as a not for profit purely for public service workers.....let's see. |
building houses is a clear example of 'private wealth' being used for something that benefits the wider community. if you think that private capital is too dirty to use to build houses the housing crisis is never going to be solved. | |
| And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show |
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| Why pay rent to the council to reinvest for the greater good..... on 09:35 - Jun 30 with 1188 views | Pinewoodblue |
| Why pay rent to the council to reinvest for the greater good..... on 09:19 - Jun 30 by BanksterDebtSlave |
It's not a swerve at all. It is an observation on the conflict between private and public wealth and our continued road to a rentier society. The thread is really to see how comfortable people are with this and I have not declared a settled view. Waitrose being employee owned may make it more palatable but it's the thin end of the wedge. But perhaps they'll run it as a not for profit purely for public service workers.....let's see. |
The current mortgage rate is dampening demand for new homes. The large builders are currently offering incentives to purchasers on many of their sites. The impact of higher interest rates is hitting lots of sectors.
John Lewis need to have a surplus so they can reinvest in future developments. |  |
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| Why pay rent to the council to reinvest for the greater good..... on 09:35 - Jun 30 with 1188 views | Zx1988 |
| Why pay rent to the council to reinvest for the greater good..... on 09:18 - Jun 30 by SaleAway |
So we're upset at having to pay over the odds for rent, because there aren't enough houses, but we don't want people to build more houses for us to rent. OK.
Of course it doesn't entirely solve the underlying problem of not enough housing stock, but surely any stock that adds to availability of properties is better than none? |
Is the whole issue with the rental sector caused by a lack of affordable open market housing stock, though?
There aren't enough homes available to own, let alone homes that are reasonably priced. This forces people into renting, paying more than an equivalent mortgage would cost in order to keep a roof over their heads and, as a result, their ability to save for a deposit it severely reduced or extinguished altogether, thus trapping them in the rental market unless and until they receive some sort of windfall that can be used as a deposit.
Building new homes solely for the rental sector may serve to alleviate the symptoms, but does nothing to tackle the original cause.
You will own nothing and be happy | |
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| Why pay rent to the council to reinvest for the greater good..... on 09:51 - Jun 30 with 1128 views | lowhouseblue |
| Why pay rent to the council to reinvest for the greater good..... on 09:35 - Jun 30 by Zx1988 |
Is the whole issue with the rental sector caused by a lack of affordable open market housing stock, though?
There aren't enough homes available to own, let alone homes that are reasonably priced. This forces people into renting, paying more than an equivalent mortgage would cost in order to keep a roof over their heads and, as a result, their ability to save for a deposit it severely reduced or extinguished altogether, thus trapping them in the rental market unless and until they receive some sort of windfall that can be used as a deposit.
Building new homes solely for the rental sector may serve to alleviate the symptoms, but does nothing to tackle the original cause.
You will own nothing and be happy |
home ownership was 20% at the turn of the C20th, 40% in 1960, and now at 64% if 7% off the record ever level (71% in 2003). so the idea that the rental sector is a modern aberration and that home ownership is at some unusual low isn't quite right.
of course affordability is the issue. but that won't change without building more homes. but there were about as many people renting in 1990 as there are today. [Post edited 30 Jun 2023 9:51]
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| And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show |
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| Why pay rent to the council to reinvest for the greater good..... on 09:53 - Jun 30 with 1104 views | TractorBrew |
| Why pay rent to the council to reinvest for the greater good..... on 09:16 - Jun 30 by giant_stow |
Isn't John Lewis the sort of company you should be backing, at least as the best of a bad lot?
As someone presumably with a home, is it fair for you to argue against building 10,000 more? |
Exactly this - a company owned by the employees, who when they do make a profit, offer it back to them as bonuses, many of whom are lower paid workers. Given this or some tory boy building up his portfolio and shafting anyone in sight, is far more preferable.
Would also be very shortsighted of them not to offer an incentive to their partners to move in to these homes - sure they will be thinking about this where it makes sense.
Councils should be building more homes, but from personal experience, if they put a proposal like this forward they are met with "FiX tHe PoThOlEs" type loonies or the usual nimbys - pretty demoralizing really | | | |
| Why pay rent to the council to reinvest for the greater good..... on 10:26 - Jun 30 with 1053 views | Kropotkin123 |
| Why pay rent to the council to reinvest for the greater good..... on 09:17 - Jun 30 by lowhouseblue |
so you want to abolish the rental sector? only owner occupied houses affect the housing crisis? you think the provision of all housing should be not for profit? radical stuff. |
The rental sector should be curtailed. House and rental prices should be systematically driven down, so they are more inline with wages. |  |
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