13-10-2018, 03:39 PM
21
Re: No Rest for Mum and Dad
Originally Posted by Artangel
->
UJ, My daughter’s boyfriend rents a spacious apartment in Brighton. You might know him, he was a boarder at Harrow! 
Oh really??? - what's he down here then - slumming it???
13-10-2018, 06:31 PM
22
Re: No Rest for Mum and Dad
Why does the government allow this anomaly?15,000 tenants in Council Houses are in receipt of incomes of more than £80,000 per annum.
And 6,000 are earning more than £100.000, per annum which we are all subsidising
They could all afford to buy their own homes
These homes should be limited to people on lower incomes especially as thousands have been on the waiting list for years.
The government encourages 'The Rich to get Richer'
and 'The Poor to get Poorer'
13-10-2018, 06:34 PM
23
Re: No Rest for Mum and Dad
Originally Posted by AnnieS
->
If house prices plummet a lot of these young people will be in negative equity. If they have an interest only mortgage then that relies on prices always appreciating. There is an interest only time bomb. Lenders should never have been allowed to sell such mortgages. https://www.thisismoney.co.uk/money/...mortgages.html
I think the price of houses in this country is immoral.
There should be really affordable houses being built .
The must be a more creative system than the present one .
13-10-2018, 06:35 PM
24
Re: No Rest for Mum and Dad
Originally Posted by Azure
->
Why does the government allow this anomaly?15,000 tenants in Council Houses are in receipt of incomes of more than £80,000 per annum.
And 6,000 are earning more than £100.000, per annum which we are all subsidising
They could all afford to buy their own homes
These homes should be limited to people on lower incomes especially as thousands have been on the waiting list for years.
The government encourages 'The Rich to get Richer'
and 'The Poor to get Poorer'
I would have thought people with large incomes would have long since bought their council houses .
I have just found this article
https://www.channel4.com/news/factch...nts-earn-60000
13-10-2018, 08:51 PM
25
Re: No Rest for Mum and Dad
This information has been in most of the Tabloids for some timeThey prefer to rent a Father Christmas does all the renewals and repairs, so they then have more money to live the high life
It is so unfair. and the Government pay lip service to alter this situation, but nothing substantial is done by all these MP's sat on their backsides in there spacious expensive homes.
13-10-2018, 09:17 PM
26
Re: No Rest for Mum and Dad
I would love to see the source of the data Azure. Apparently a large proportion of those in council houses are older. I think one of my mum's friends has a council flat. She's in her 70s and I think on a state pension. I'm not sure whether she ever worked. Her husband was a handyman. I don't know how much he made but for some reason they never bought a property. She's on a pension, her sons moved out and are property owners. I guess that shows that council housing is a good thing if it means that future generations thrive. But I do think that stats like those you mention are misleading without raw data.
13-10-2018, 09:32 PM
28
Re: No Rest for Mum and Dad
I agree totally with you on that Annie.There are now just 2 million council homes left in Britain – down from 6.5 million when Right to Buy was introduced by Margaret Thatcher in 1980, although a number of factors are behind the fall.
Worse than the tenants who benefited by this personal get-rich-quick scheme around 40% of those sold are now in the hands of private landlords.
https://www.independent.co.uk/news/u...-a8098126.html
|
|
