🚫 *Ban private equity firms from buying residential properties!*

@tayclift5322

5 ай бұрын

That would go against capitalism but you have a very strong argument.

@rextherunt3135

5 ай бұрын

​@@tayclift5322anything you're already banned from buying is against capitalism. Properties are not made to house people, they're created to sell mortgages. This system cannot continue.

@William_995

5 ай бұрын

​@@tayclift5322We need to start going/thinking against capitalism

@user-wj9ru9if8p

5 ай бұрын

​@@tayclift5322so what? It's damaging the counrty. It' doesn't go against capitalism. As capitalism. Needs boundaries and rules. All we ask I da for new rules 😊

@thebeesnuts777

5 ай бұрын

Well black rock have bought the majority stock of private homes built this year in UK along with another American conglomerate So I don't think they are going to listen

It’s not just a political problem it’s a political choice👍

@proxis9980

7 ай бұрын

nope its "freemarket"....but THAT ofcopuse is a political choice :P

@Joolsthejools

7 ай бұрын

​@@proxis9980 Yeah 'free markets' 😅 The markets are manipulated for the elite. The government intentionally stopped house building in line with population growth.

@LlibertarianGalt

7 ай бұрын

Yep. Choosing migrants over citizens. Government doesn't care 😂

@juergenweidner1

7 ай бұрын

Hi to the local racist poisoner@@LlibertarianGalt

@smokeydization

7 ай бұрын

I dont agree its always been a political problem, one party is hell bent on taking us back the jacob ress smoggy era the conversatives

Rich people don't just want to be rich, they want poor people not only to be poor, they want poor people to have NOTHING.

Rent for a 2 bed where I live, without bills, went from £1600 to £2500 in three years. It's honestly disgusting how much landlords are gauging every single penny they can get from tenants.

@anderajohn133

5 ай бұрын

It’s a combination of things. The government changed the rules so the landlord can’t treat the mortgage as an expense and so the landlord has no option but to increase the rent to the point where he’s at least breaking even. Then on top of that interest rates for rental properties are usually double that of residential. The only way a landlord can only increase rent by inflation is if they don’t have a mortgage and that is not a good use of capital. I know some landlords are taking advantage of the current crisis but there are many who have no choice. I am not a landlord but I see what the government has done.

@RickTheBoss98

5 ай бұрын

is a combination of problems how much has the landlord's interest rates increased the landlord's will pass the bay onto the bank the bank will pass the blame onto the politicians and the politicians answer to no one

@lynnecromack4933

4 ай бұрын

@@anderajohn133 Now additional HMO licensing is making it even worse for small diligent landlords.

@ksptm4

4 ай бұрын

@@anderajohn133if he can’t afford it, he should sell and not levy the cost onto renters. I am a home owner in the UK, the current system is broken but the main issue is corporations and equity firms buying properties to then lease using pre-existing commercial FM business to poorly maintain.

@anderajohn133

4 ай бұрын

@@ksptm4 I totally agree with everything you’ve said but until they can sell they need to pay the mortgage. I feel for the young people of today who are trying to just live!

The major issue is that being a landlord is very profitable and there's no incentive to make housing affordable. Landlords don't provide housing, they hoard it like dragons. It's an excellent way to make money and it's also morally bankrupt. There's no simple solution to that other than government intervention.

@grantpotter7609

5 ай бұрын

Partly true, but the government are more in control of things than landlords are. An uncomfortable truth is that almost all landlords, even the best ones, are either selling up or having to raise rents to match their outgoings. Adding pressure to landlords (which the government keeps doing) unfortunately does not help tenants. The best way to improve this situation imo is by creating a more healthy and balanced rental market (I work in the industry in both sales and lettings).

@spaceshipable

5 ай бұрын

​@@grantpotter7609 The government limiting maximum rent would benefit tenants. They could also limit the number of properties a landlord could legally rent out. Both of these solutions would be bad for landlords and excellent for everyone else. It'd force landlords to get a real job instead of getting someone else to pay for a house that they get to keep.

@ONYX-365

5 ай бұрын

Landlords are like the Ticketmaster of housing.

@CastleHassall

5 ай бұрын

many many MPs are big landlords too.. so they will WANT rents and property prices into be going up, to maximise their investments.. true story!

@CastleHassall

5 ай бұрын

​@@spaceshipablei refer you to my comment so you maybe begin to understand motives in government

Affordable housing will absolutely transform everything about Britain.

Bang on and based of Oli, he’s quoted an FT article there from John Burn Murdoch which is well worth reading. And if the 1876 figure wasn’t shocking enough, the article continues “it now takes 13 years to save a deposit for the average UK property (up from three in the mid 1990s), and 30 years in London (up from four). To state the obvious, nobody spends 30 years saving for a house. The dream is over.”

@khandle918

7 ай бұрын

30 years and your kids might get the chance to buy your mortgage from the bank at massively increased rates. Except during tough times people don’t have kids anyway.

@johnboy14

7 ай бұрын

How about not living in London? Everyone wanting to live in the same place doesn't help.

@JackMellor498

7 ай бұрын

@@johnboy14 I’m just quoting the article, I couldn’t care less about living specifically in London. Then again that old adage of it being cheaper to live anywhere other than London in the UK doesn’t really apply anymore when everywhere “affordable housing” is classed as 80% of market value. Any city be it London, Leeds, Manchester, Birmingham wherever, you want to live close to the city centre for ease of commute, you find social housing stock in short supply if any at all, and the only things being built are shiny new privately built flats that cost maybe half a million. And the new build estates going up on the edges of towns and cities are awful, they look nice but built with profit in mind, they’re an awful build quality, not built for utility but as if purposely designed to fall apart after a few years so more profit is generated. Plus they’re still unaffordable even on an expensive mortgage, and they eat into green space with the detached housing schemes that use up more land than if we had high density housing. We need the 21st century equivalent of commie blocks, a lot of them, and now, without turning the entirety of the British island into Coruscant lol, we have the know how, the money, the knowledge, the technology and so forth to build really good social housing on par with Austria or Denmark, google Alt-Erlaa if you have time, I mean just god-tier social housing.

@blinkin78

7 ай бұрын

@@johnboy14I loved the way you skipped every point he made and just focused on the word London. You didn’t even address the point being made about London 🤣🤣🤣🤣

@jackrobinson6998

7 ай бұрын

​@@johnboy14 I live in Nottingham still a huge problem here...

The most bonkers thing is having a policy where house prices rose faster than earnings, where do people think it would lead in the long run? Housing should be about providing shelter and a home first and foremost, rather than being an investment.

we can barely afford groceries its reprehensible what this gov are doing

@nickcook7408

5 ай бұрын

earn more and save more. spend less and spend less.

@brianlopez8855

4 ай бұрын

95% of the population rented in 1900 and we are headed back that way.

Don’t forget middle aged people in the same position. Everyone talks about this as if it’s only impacting young adults. The problem is far more widespread than that.

@LETTYONLY1

7 ай бұрын

Well said 👏🏼

@hybridh9702

6 ай бұрын

i mean it's pretty clear from voting history older people care about nothing but immigrants and they are the vast majority of the vote. They are part of the problem.

@michaeltye2359

6 ай бұрын

I mean it mostly affects young people, middle aged people at least had a chance to buy a house once

@gjm7952

6 ай бұрын

@@michaeltye2359 That’s true enough. But fall off the ladder mid life due to job loss or divorce or ill health and you’ll struggle to get back on. So many of us, young and older are left to the mercy of landlords and the chaos that is the rental market. It’s obscene

@michaeltye2359

6 ай бұрын

@@gjm7952 I mean yeah they say it affects everyone but they say it affects us especially because it does, I never even had the opportunity to fall off in middle age, I've been at the mercy of landlords for my entire adult life

Politicians laughing as we fight amongst ourselves.

@GB3770

5 ай бұрын

Yup

@mineepiccash1493

5 ай бұрын

The Tory way

@peterrowley6016

5 ай бұрын

All political parties thrive by dividing the population , colour of rosette is immaterial

Very well said, it is disgusting what has happened. A house should be a home, not an investment.

@stewroo

7 ай бұрын

​@@chrisdechristophe No help from you then.

Inflation, tax evasion, income tax, vat all ludicrous in the UK.

Let’s all thank politicians across the world for making Housing a Market to make the poor poorer and just stopping young people’s right to own a home.

The rich won’t do fuck all about this dirty , immoral enterprise as they’re all making too much money out of it. Taxpayers money too at that. Fucking disgusts me how property is treated as a commodity rather than a necessity in this country. If you work you SHOULD be able to own your own home, period. Sick of the misery and exploitation caused by this practice.

The key thing here is the way people have to live and the decisions they have to make when they don't have secure housing. If the government thinks the next generation will be like their generation, they will be shocked. Poverty and insecurity creates stress, stressed parents create a stressful home environment. Kids are struggling to focus, learn, feel safe as parents are too busy trying to keep a roof over thirr heads and pay the bills. These are hard-working people, many of them doing essential jobs that keep the country going.

@vicsomeone

6 ай бұрын

😢

@user-ls8ks7kv8c

5 ай бұрын

This is especially since one of the key cornerstones of English Liberties throughout history is property rights. If you don't have any property then you are lacking a lot of freedoms and the system cannot continue as is.

@callumward7503

5 ай бұрын

All part of their plan.. It's like the Ascians from Ffxiv have taken over Parliament. 😂

@starofdavid9919

5 ай бұрын

Great comment and to the point.

Singles on full time, permanent salary, even dual income people and still struggle to get a mortgage. Insanity. And they wonder why people arent having kids anymore... literally cant afford them, mate. P.s. this is happening everywhere: Australia, the Netherlands, Germany etc.

@leeofdoom4452

6 ай бұрын

These people arent being turned down for mortgages, they are being denied massive loans they cant afford... There are homes all over the UK priced affordably, but younger generations refuse to compromise their luxurious lifestyles to buy them. Let's take the Welsh valleys, you can buy a decent little 3 bed terrace in a town not too far from a major city for 50k, you could splash out on a 3 bed semi, with a garage for 80k... What's stopping young people purchasing these homes?

Im renting a room and getting a friendhip price -as I'm a mature student - 550. Other rooms in my area go for up to 780 a month in Suffolk uk. A normal job gets you here 1400 a month. Its insanity!

I am renting a room with shared custody of my son who Stays with me. 1 room! Luckily it’s spacious so I can turn it from a living room into a bedroom with my sofa bed. I can earn £1800 a month. For fuck sake, I just want to have my own fucking Home!!

@nickcook7408

5 ай бұрын

stop paying extortionate rent and youll be able to afford to save. earn more and youll be able to afford to save. stop being greedy and buying luxury items and youll be able to save.

@lordmfitzgerald3rd754

5 ай бұрын

@@nickcook7408 I’m in a shared house for the purposes of saving I’m paying £460. I don’t spend much on luxuries.

Tax 2nd homes and buying to let out of existence. That's a huge part of the problem. A house should not be a base of profit and investment, but a place to live.

@quillo2747

6 ай бұрын

2nd homes maybe, but renting a house out is still providing housing, it doesn't affect prices that much. What affects prices is 700k net immigrants in a single year who all need to live somewhere. Close the borders and the housing crisis goes away

@alexjeffrey3981

5 ай бұрын

@@quillo2747 certified landlord quote

@SuperStella1111

5 ай бұрын

@@quillo2747you can own one house for now. It’s a crisis. So crisis measures are needed. Owning another and renting it out is using housing as investment. That must be curbed.

@Nicator_

5 ай бұрын

​@@quillo2747 there isnt a shortage of homes. just look into it, please. im not calling you name, just look up how many unoccupied homes there are in the UK and how many homeless families there are. we have enough homes to house everyone over night. its not immigration, its greed

@johnjohnson9182

5 ай бұрын

We just need to tax the people that own the mortgages! That would be a massive help! Owning a second home or letting houses really pales into insignificance when compared to these bankers that own half of the country! What we really need though is to politically take back control of our country! So we run it for us! That would be the biggest help! 😊

💯 I knew this 20 years ago that i will never earn enough. Inflation has always outgrown my wage increase making it impossible to save. I am poorer than when I was a child. Each year I end up with less money than the previous. Tax cuts are meaningless when rent & bills rise. A major problem in this country is that companies don't pay a fair wage at all levels except the top.

@alr68

5 ай бұрын

They don't pay fair wages and they don't pay fair taxes. Then those without have to pick up the slack but since it's not enough services get worse anyway.

@Zaphod-ef9yz

5 ай бұрын

​@@alr68corporate greed stinks. I once had a job paying me and my six colleagues on our dept 23k each. Our dept manager was on 75k with a company car that she drove 15miles to work in. I mean I am all for more wages the higher the position but does the gap need to be so wide??

real truth. I work in London Monday to Sunday only Wednesday off and I saved deposit but still can't get on the ladder. I could only buy %35 of a property meaning that I have to still pay rent for the part that I haven't bought, ABSOLUTE RIDICULOUS , REVOLUTION NOW

@ParksRec

5 ай бұрын

Are you buying in London or outside?

@protectwhatisours6895

5 ай бұрын

A mortgage isn’t rent, it’s equity in YOUR home.

@ParksRec

5 ай бұрын

@@protectwhatisours6895 he means because he has to pay rent on the remaining 65%

@txatxi2

5 ай бұрын

@@protectwhatisours6895mate don’t use clever wording to change what is reality. I’m talking about shared ownership ( in this case and in true cruel words :LETS USE WORKING CLASS PEOPLE SO THEY PAY %35 of a Mortgage on the property share , the rest they pay rent to (me the developer ever richer who make shitty quality housing) and then the developers can keep investing that part of the money in other developing. Absolute disgrace.

@txatxi2

5 ай бұрын

@@ParksRechey there. London. I checked every available option and still can’t make it. Is mentally draining to see your hard work go down the drain.

I feel no connection to anywhere No matter what, I move somewhere, the rent goes up and forces me out farther from my places of work, increasing my costs on public transport, creating an ever cycling negative feedback of finances.

@Manic154

5 ай бұрын

It's all part of the plan.

@polybian_bicycle

5 ай бұрын

That's liberalism for you.

@polybian_bicycle

5 ай бұрын

@@igakoga2481 There's nothing conservative about the Tories.

Build social housing and don't bloody sell them off for Christmas sake

@offshoretomorrow3346

5 ай бұрын

And give them to 750,000 3rd World immigrants every year?

@brianlopez8855

4 ай бұрын

RTB was scrapped in Wales about 5 years back. New public housing there is now required for Rubber Boat Folk.

33 still live at home with my mum, can't see myself moving out anytime soon either

@HolisticPython

5 ай бұрын

Get or create a remote job, invest in bitcoin and meme coins for the bull run, save up, and leave the country for good. UK is finished.

Excellent. Well said, another example of the wealthiest in society rigging the game against ordinary working people.

I like the acknowledgement of the negative health effects of unstable, low quality housing... Many people with decent jobs can't get social housing and can't buy, so are stuck renting crap properties. I feel like no one acknowledges the negative effects of that beyond financial... The instability and often bad quality is bad form mental health, and in turn physical health. Furthermore how are we supposed to have children in those kind of environments? I often feel I'd be better off not working, in social housing, than in the millennial "middle class"

You can blame homes under the Hammer, that's been on air for years to blame for part of this problem, people putting a lick of paint on a home and then selling it for an extra 30k is wrong.

Net migration is at 600,000 a year compared to around 50,000 ten years ago. We are building 150,000 new homes every year. This isnt enough to support the people already here, let alone an additional population the size of Birmingham every year. The price goes up because there is a small supply and a very large demand. Yes we need to build more new homes, but keeping up with the current demand is unrealistic. Therefore, the obvious solution is to place a greater limit on the number of people we allow in to this country.

@tayclift5322

5 ай бұрын

Add to that fact the shoddy workmanship and life expectancy of these new homes and we have a bigger problem...then add to that the fact all homes from 2030 (thereabouts) have to be secured against zero emission standards and will become uninhabitable unless they meet strict standards we have a problem bigger than anyone wants to try wrap their heads around.

@fanfeck2844

5 ай бұрын

Yes, it’s not really rocket science. Plus the fact everyone seems to want to live in the south of England, while there’s plenty of cheap housing available in the other regions. No one getting off a boat should be housed in one of the most expensive cities in Europe

@DeShark88

5 ай бұрын

You do know that the visas for these immigrants is granted on whether they're going to contribute to the country. It's not a free for all who gets to settle here, it's informed by government policy. Immigrants, by and large, are net contributors. British pensioners, while yes we owe them a pension, are not contributing any more, and there is a growing number of them. The so-called boomer generation is retiring, and someone has to pay for their pensions and healthcare. Yes, we need more houses, but who is going to build them? Construction workers (builders, plumbers, etc.) were added to the list of visa approvals in 2023, which is a reasonable percentage of the total 600,000 you mentioned. Another large part is health (care) workers (150,000 of the total), teachers, students, etc. and 50,000 of them were only temporary work visas, so they're going to leave anyway. You can't have your cake and eat it - if you want houses to be built then we need more immigrants to build the houses, since we don't have sufficient numbers already here in the UK to build them.

@RickTheBoss98

5 ай бұрын

crazy thing is people act like it's just the landlord's fault I've never had a landlord that I liked all have used some form of tricks to still a part of my deposit however blaming them for a Nationwide housing problem show us how economically illiterate the average person is and I believe that is by design

@airfixx_8952

4 ай бұрын

@@RickTheBoss98- The 'buy to let' phenomena is a MASSIVE part of the problem.

Many 2 bedroom leasehold apartments in Brighton and Hove now cost £350,000, which is utterly appalling. The parents of many young families are having to work full time to pay extortionately expensive mortgages, putting their relationships, and health, at risk. This is not socially, or economically, sustainable 😢😡🤬

@cpt1255

7 ай бұрын

I mean they’re leasehold as well. What a joke.

@shane_2337

6 ай бұрын

This is due to demand for the area, there are loads of places in the UK with cheaper housing, then people say but why would I want to move there? That's why there is low demand, if everyone wants to live in high demand areas, the prices increase due to high demand

@sebastianohalloran9093

5 ай бұрын

Families used to have to do this to pay rent for slum dwellings too. Neither housing options are right. More should of course be done.

As a social policy scholar, I get asked all the time in casual conversation "If you could do one thing and the public would just have to accept it, if you could just click your fingers and one policy would be put into place and accepted as fait accompli, what would it be?" The answer: nationalisation of housing and land. Simply saying the social contract that if you work hard you should be able to buy a house does not even begin to scratch the surface of the mess we're in. The private housing market is at the centre (directly or vicariously) of every economic problem we have- wages, benefits, poverty, education, productivity and growth, inequality, poor job quality. The lot of it. Housing is the number one issue and affordability/tenure/access/quality are not even the issue. The issue is the relationship between growth, consumption, and debt with housing at the centre of it which then has a spillover effects into every facet of economic life. It is politically impossible but, if we were thinking objectively, we'd just nationalise it all. Top to bottom.

@MaxSafeheaD

5 ай бұрын

I'd argue the connection between that, and environmental health through people's health and wellbeing... you're absolutely right.

@MaxSafeheaD

5 ай бұрын

Do you write on this and related subjects frequently?

@Allyphant2909

5 ай бұрын

@@MaxSafeheaD I am early career still so I am currently in the process of publishing my doctoral research, which looks at social citizenship and the ethics of the welfare state rather than these issues. I have a broader interest in political economy and in particular the relationship between financialisation and welfare state design but no writings out there on the subject.

@DJWESG1

5 ай бұрын

I'm sick and tired of ppl telling me I should work hard to have a house. Rich ppl with access to credit rarely work hard. I demand the same privilege.

@DJWESG1

5 ай бұрын

​@DrAALeitch be sure to include ulrich becks words on welfare state in relation to his ideas about the risk society and reflexive modernisation (also see giddens).

Net migration was 672,000 last year. and 745,000 in 2022. This is why we have a housing problem.

"A moral stain on this country", that sums up the Conservative Party, a moral stain.

@bignosecrisuk5860

6 ай бұрын

New labour did nothing either. Social housing is bottom of the list for all parties sadly

@thunderbug8640

6 ай бұрын

@@bignosecrisuk5860 It shouldn’t be needed there are plenty of jobs for everyone, people just don’t want them. Houses are way too expensive true but they will always be expensive for ever increasing number of lazy hooligans that inhabit Britain today no matter how cheap you make them.

@aclark903

6 ай бұрын

Labour certainly doesn’t have a monopoly on morality.

@CROSSNSHOOT

5 ай бұрын

Vote Tony Blair and Labour if you want to start a war in the Middle East. Learn your history and talk

An uncomfortable point, but important that we try and tackle this, although what will most likely happen is the government will obsess over small boats and trans rights. To distract the population from the most immediate issues

@denzel270

5 ай бұрын

Immigration is a major contributor to this problem. Net migration was 672,000 last year and 745,000 in 2022.

People used to be able to rent a very reasonably priced housed from their local council but now you need to be on a wating list or like in my case told( you'd get something quicker if you have another child). There should be more council flats and houses available for more people that need them. Pthe private sector is very cruel...

Yet this government are spending two days of Parliamentary time debating the ludicrous Rwanda plan.

@imSatnav

7 ай бұрын

And just think how much the half bill we are giving to Rwanda would go towards solving this.

@alistairmonro

7 ай бұрын

Yes, I'm sure letting in a million more people over the next 12 months will fix the housing crisis.

@daftdigital

7 ай бұрын

Stop the boats 🤪 it's gammon island 😂😂

@dannythegreat453

7 ай бұрын

Or spending billions on multiple foreign wars !! Yet can’t secure a border!! Insanity

@hybridh9702

6 ай бұрын

i love how you want us to think wars are the reason not the fact you voted for austerity for 13 years lol. nice try dude.@@dannythegreat453

As far as I'm concerned, a terraced house in the UK should not cost more than 350 quid to rent per month. The fact that in many areas it's now reaching 525 quid per month, which is absolutely ridiculous. Consecutive governments of the last thirty years (both Labour and Conservatives) have allowed this to happen as none of the administrations in charge have actually bothered to address this issue since the early 90's and now we're reaping the reward of that negligence.

@JamesCollins80

6 ай бұрын

Where on earth are you finding something that cheap. It would be between £950 and £ 1050 a month for a 1 bedroom flat here.

@chrismaddock5790

6 ай бұрын

I live in Stoke-on-Trent, so I guess the price is different (assuming you're not from Stoke of course) but even so, that further cements my point: it should not be that high at all - especially for a one bedroom flat (genuinely didn't think they could go that high O.O) @@JamesCollins80

@CaptainTodger69

6 ай бұрын

525 gets you a room in a shared house where i'm from. and not even a particularly big room. looking at about 800 for a studio apartment. and anything with more than one bedroom is over a grand easy

@shaunbanner6774

6 ай бұрын

What the hell are you going on about the modest house to rent in a average area two bedroom anything north of £800 +

@tobiasmccallum9697

6 ай бұрын

Mate where do you live?! I know nurses in London who pay £400 a week for a room, with shared bathroom.......

Renting privately in London is so costly...unable to.save for a home even when work hard!

@janetmalcolm6191

7 ай бұрын

Same all over Britain and the wages are worse out of London being much lower. Renting is becoming totally unaffordable and precarious for all. Moving all the time is not feasable. No fault evictions not helping. This Govt not helping at all. How much more can they let things spiral?

@tomjones8715

7 ай бұрын

Why is it expensive! Answer that first

@leeofdoom4452

6 ай бұрын

​@@tomjones8715they know why, they just wont admit it. And FYI, there is affordable housing all over the UK, people are just refusing to move to it.

@hybridh9702

6 ай бұрын

i think the issue with that is partly so many people needing to work in london. economic centralisation is a huge problem all around the world.

@hybridh9702

6 ай бұрын

i live in one of the poorest areas in the country and it's not true. plus good luck finding a job here.@@leeofdoom4452

This would be a lot less of a problem if renting market wasn't as absurdly toxic as it is

It's almost as if allowing more new people to live in this country than we build homes for each year, for 20 years+, has had a negative impact on the availability of housing!

the wealth divide is insane and i don't know if people realise. I can see it so clearly as I straddle it... if i had been totally sensible I'd own 2 houses by now and be renting - as my older sisters are doing. they're older and wealthier and in that bracket of wealth it's just insane the level of luxury and comfort you can have. meanwhile people on salaries a bit smaller are just drowning

It would all be sorted very quickly and easily. A 95% landlord tax would make the occupation of "Landlord" unworkable. Houses will the be released on to the open market at an unprecedented level, bringing prices down to affordable levels for this new generation. This would reduce the need for vast new estates in green belt land. Its a shame our generation is essentially pulling up the economic ladder behind us and looking to use the hardship and hard work of the next generation to fund our lifestyle.

@thomasrenwick6548

6 ай бұрын

So people who have worked their whole lives to afford a rental property lose everything and become poor themselves? Moronic idea.

@cashewmellow

6 ай бұрын

​@@thomasrenwick6548The whole idea of using essential resources like housing as investment opportunities is why we're in this mess. Not moronic in the slightest

@quillo2747

6 ай бұрын

Ending rentals won't achieve anything. The number of houses and people wanting them doesn't change. Landlords provide housing. The problem is 700k net immigrants in a single year, thats a new city of people who all need to live somewhere pushing rent and house prices through the roof. Close the borders and the housing crisis goes away as the demand goes away.

@cashewmellow

6 ай бұрын

@@quillo2747 1. Private landlords "provide" housing the same way that scalpers "provide" tickets, consoles etc. 2. We have plenty of available housing. It just so happens that an obscene amount is tied up doing literally nothing for anyone except helping investors jack up the prices. Not only that, but if "return to the office" mandates were abolished, there's millions of homes/flats waiting to be converted from the commercial real estate that is, quite frankly, useless for everyone except the investors (seeing the pattern yet?). 3. Immigration will naturally lead to an increased demand, but that demand isn't being met largely because the larger investment and real estate firms keep lobbying to make increasing the supply as difficult and impractical as humanly possible. The solution is simple: start restricting the number of properties that can be owned by a single entity, and begin buying them back publicly where one of two things can happen - either they are rented at cost, because there is always a need for temporary housing - or they are bought by people who actually need a house to live in, not by another jackass who wants to exploit the basic need for shelter.

@CullanWiltshire

5 ай бұрын

Say goodbye to the NHS and most of the construction labour that foreign workers make up the labour force of.

It is caused in the UK by the creation of the private rented sector in 1996. A fact that is never clearly explained on any media coverage.

@nigelsouthworth5577

4 ай бұрын

Can you explain that because I am old enough to remember slum landlords in the 1960s, 70s and 80s.

@bitesizeforaging6983

4 ай бұрын

​@@nigelsouthworth5577 The problem he is speaking about - namely that people cannot buy their own homes - is primarily caused by the explosion of buy to let investment into the housing market after new laws in 1996 made being a landlord a much more attractive and profitable prospect. Laws in 1996 enabled landlords to evict tenants with a new type of 2- month eviction notice which does not require them to give a reason, therefore giving the landlord 'financial liquidity'. This means they can put money into housing and get the tenants out quite quickly when they want to sell. It turned the housing market into a playground of investment speculation, at the expense of the first time buyer who is not rich and is looking to buy a property as their first home. Up until 1996, the average earner could afford to buy the average house. By the early 2000's that was no longer the case. It has become progressively worse for first time buyers ever since.

@nigelsouthworth5577

4 ай бұрын

Thanks for explaining that. @@bitesizeforaging6983

@nigelsouthworth5577

4 ай бұрын

@@bitesizeforaging6983 Thanks for explaining that. I agree it's hard. I saved for 14 years for my first deposit on a house in 2002. I fear now for my children. I am still paying a mortgage, it never seems to end.

When Cathy Come Home broadcast in 1966 I was 8, I clearly remember watching this and being shocked that people could be so unfortunate... The homeless charity Shelter was founded in response to the film. Now in 2024, 58 years later, the homeless crisis is far worse now than it was when I was a child. The Tories have worked hard to take Britain back to the Victorian era. They've succeeded. Thatcher has won

@janetmalcolm6191

7 ай бұрын

100% agree with this. Nothing bettered since 1966. Disgusting actually.

@DP-co8ro

7 ай бұрын

Both Tories and Labour have contributed to this

@stevenagelutton4322

7 ай бұрын

​@@DP-co8roonly because labour have only won as red tories since the 70s

@mitchverr9330

6 ай бұрын

@@DP-co8ro That is just blatently not true. Labour have since WW2 been in charge for about 30 years in total. 6 with Atlee with the creation of the NHS and new housing. 13 years under Blair and Brown under which living standards massively increased, homeless numbers were nearing zero, use of food banks was near zero, child poverty was going down. Since 2010, poverty has massively increased, several million children are in poverty, millions rely on food banks and charity to just feed themselves. Something that has not happened since pre WWI. To say "both contributed to this" is ignorance. Tories destroyed this country and looted it for everything they could, other countries imprison leaders that do what they did.

@mitchverr9330

6 ай бұрын

@@stevenagelutton4322 Again, ignorance, under Blair and Brown poverty dropped massively, NHS improved, homelessness was next to nothing even with the economic crisis which arguably, Brown saved not just the UK but western Eruope in (many ex leaders of the time have come forward to praise him now, saying how at the time they couldnt as they risked their own elections). Again, ignorance at its best, "lets ignore the numbers" moment.

Housing aswell as the cost of living in this country is absolutely broken. Lots of trouble coming.

Terrible, we have be come nomads in the western countries, 😢

That's not to mention leasehold, ground rent and maintenance fees now through the roof. Normal people priced out to make rich richer.

The contract shouldnt be that you can buy a home. Its that you can have a safe ,secure and affordable home for you and your family from cradle to grave. Its shouldnt necessarily be something that you own outright just a decent afforable place that you can call home. Part of the problem was the privatisation of public housing under Thatcher and the retreat of the state from its responsibility to provide affordable housing.

@farmerned6

6 ай бұрын

"affordable" = subsidised by the tax payer council homes were NEVER MEANT TO BE HOMES FOR LIFE, They were starter home to save and move on from WHY have private ownership AT ALL if we ALL should have right to State supplied home where we want to live?

@JackieMilburnt

6 ай бұрын

Exactly right. Working class people 'buying' houses to rent out, packaged up as 'doing a favour' to those who 'cant afford a mortgage', when in reality its just another way for the private banks to cash in on once publicly owned property, via interest free, investment mortgages. The ideology of the rich is a fucking travesty for the collective, but sadly the collective has been brainwashed for so long into believing this ideology is beneficial. Its very sad and hopefully as a species we will grow past the predatory nature of the system, but sadly i cannot see it.

Thanks for saying what needs to be said, Ollie. True, the number of media personalities speaking out, and speaking the truth has grown in recent times, but that drum needs banging louder than ever before.

Couldn't agree more plus has anyone given any thought to what happens to those renting when they get to pension age and no longer earning? That could become another element we all need to think about. Housing needs addressing sooner rather than later.

@janetmalcolm6191

7 ай бұрын

They haven't thought that far ahead...as usual.

@imSatnav

7 ай бұрын

They'll all go onto Pensions Credit......oh wait. It's the workhouse for them then.

@janetmalcolm6191

7 ай бұрын

Govt have pushed for Workplace pensions so anything over your Govt Pension amount goes towards your rent and council tax. I doubt they have thought further down the line when it is up to 74ish. They are pushing the pension age to the unachievable as people are not going to live longer in future with everything that will see them off. Cancer rates now at 50%. They haven't even taken the worry they give people into account!

@andrewcadden7615

7 ай бұрын

Bang on - have said exactly the same thing! It’s a ticking time bomb. Yes the government has introduced mandatory pension contributions for both employers and employees but that STILL isn’t high enough, even with the state pension, to cover retirements costs. It’s probably enough if you own your own home and just have to pay the bills and buy food, it if you’re paying RENT - no way…. And what proportion of people will be renting in their pension years at that stage. Absolutely shocking… even if people work to 68 or beyond (whatever the pension age is then), it likely STILL won’t be enough to give them security in their final years. He’s bang on - it’s a moral stain on the country and unquestionably the single biggest public policy failure of the past half century… And how has no one made the link to the economy. People are spending more money now than ever on rent and mortgages, for longer, than ever before, plus wages not keeping pace with inflation, and people look and ask why the economy isn’t growing?! No sh*t - it’s because most of the growth is being driven by working people, whose money no longer goes as far, and whose purchasing habits are what provides the demand, that drives the growth. And it’s only going to get worse as the situation gets stark as the older generations die off, and the screwed younger ones make up an increasing share. Absolutely disaster waiting to happen!

@sarahwild2353

7 ай бұрын

We are heading for the re-introduction of workhouses thanks to these greedy bastards

Listening to this man makes me feel a bit better about myself. It's the same in our country. I'm a leading engineer, been working for 10 years, can't afford shit. People feel like shit too. It's soul crushing.

@mahoganywolf8843

7 ай бұрын

Yeah, I'm a junior doctor earning relatively decent money but affording a house on a single income is still completely unrealistic when my rent and bills are going up so much faster than my wages. If I can't do it then how could anyone on low income?

Very true, its all so shocking.

@baldrickscunningplan6154

6 ай бұрын

Except for the statement that young people work hard.

@leeofdoom4452

6 ай бұрын

I mean it's not really shocking. Population has boomed beyond the number of new homes built, more people trying to buy means prices go up, same with food, and the vehicle market. Its basic supply and demand. If there are 3 homes for sale and only 1 person to purchase, the houses compete with each other by dropping their prices to become more attractive to the buyer. If there is 1 house and 3 buyers want it, the house prices rockets to the highest possible value, and the 3 people compete. Every thing that is financially difficult right now, can be attributed to supply and demand.

@baldrickscunningplan6154

6 ай бұрын

Let me understand this. Just so I get this right. So what you are saying is:- Allowing 750,000 people into the country in the last 12 months Increases demand for properties, and therefore increases the price? This makes it very difficult and expensive for young people to get on the property ladder, and they are complaining about the prices. That cannot be right. It doesn't make sense. Young people wanted 750,000 people to enter our country. @@leeofdoom4452

@mitchverr9330

6 ай бұрын

@@baldrickscunningplan6154 The youngest generation is the most productive ever, so err, they do. Just not being willing to be peoples toadies and lick leather boots doesnt mean they dont work hard lol.

@mitchverr9330

6 ай бұрын

@@leeofdoom4452 Other countries saw this issue and built homes, we on the other hand decided to make it easier to buy homes instead of build effective homes causing an artificial increase in home buyer numbers. If the government wanted to act on it, they could, its just that a large part of the tory party are funded/directly own property and it would harm them. 1) ban foreign buying of land and residential property 2) ban buying of residential propety as a speculative asset 3) ban unused homes, if you own more than say, 2 homes and they are unused for 2-3 years, the council can take it from you at cost of purchase. 4) setup trade schools, properly, in areas with higher unemployment which can get people into work and setup a government run housing development company that will build new housing and sell at cost/near cost 5) reapply the old law that limited land value costs to as is instead of "potential" value. The thing is, this would piss off the super rich and tory donation groups.

It’s not to dissimilar across the western world, Canada, the states, Europe, New Zealand on and on all are experiencing this. I would say however that Canada and the UK are at THE tip of that spear.

@alfiecdyson

7 ай бұрын

The neoliberal world

@shane_2337

6 ай бұрын

Norway and Sweden have it worse than us.

@bogstandardash3751

6 ай бұрын

To be fair Canada and the USA are massive with areas the size of countries sat about doing nothing... And a climate that fascinates building property out of timber in the USA anyway. I can't imagine why they have a housing shortage. The UK is a small island which is a third of the landmass of Texas alone. Why the left think it's a good idea that a billion Africans move to the UK rather than the USA, I'll never know.

@bogstandardash3751

6 ай бұрын

@@CaptainTodger69 you neglected to mention the UK has 80 million people officially, over 100 million in the supermarkets supply estimation. Canada has less than 20million and you can fit the UK into Canada 100 times. Your numbers and points seem intentionally misleading? If the left want to empty Africa you are going to have to have them in places like Canada.

Can’t agree more! This is a real issue the left need to deal with.

I'm 30, worked hard and saved my whole life, not I'm choosing to sell my house and live on a narrowboat because I'm sick of working to survive. I want to live.

Before Mass immigration we had 57million people and I bought a nice semi for £30 2x income. I also struggled to get £120 a month for my nice 2 bed terraced house. since Blair opened the flood gates we mow have 70million people and only a few extra houses. Why cant people see this

We all know why they won't build more houses. Less stock means more money gor building firms/individuals and sellers. Landlords cash in on lesser stock to rent making prices sky high for the rich. The answer is to smash the market by building tension of thousands of homes to buy and rent.

@Steven-ly9ei

7 ай бұрын

The answer is to make them pick a home to live in, take the rest, and tell them to get a damn job and be productive.

@tlangdon12

7 ай бұрын

The answer is for Labour to encourage the creation of publicly-owned house building firms to compete with the private building companies. There is currently no competion, and builders limit the supply of new house by sitting on large land banks, building just the number of houses they think can be sold for the most profit. Many houses are poorly built because the building firms want to maximise profit. A publicly-owned building company easily can build better homes because it doesn't have to make a profit for shareholders. This competition would force the private building firms to build better home, and more homes would be build overall.

Never heard of this chap, but in very few words he says a great deal and it is spot on. This guy needs to be the next minister for housing, maybe then we have a chance of moving on.

@petereames3041

6 ай бұрын

He didn't suggest any solutions though... He just pointed out there is a problem which is pretty damn obvious.

@rahuldahoob

5 ай бұрын

Why doesn't he stand for mp???? Words are pointless

in the usa there are in cities whole camps of homeless people, at the same time there are small cities in the usa where no one live because they can't pay

We imported 10 million people in 20 years. That’s the fundamental problem. Net population gain of 14% since 2000. This js not sustainable.

Well said Oli👍

@smithsmith9926

7 ай бұрын

here are some facts for you buddy -750,000 foreigners are in social housing. 73% of all somalians, 53% of all west Africans. Now tell me again why we should pay for this? Why we should suffer a housing crisis? Why young people should suffer?

@cjmillsnun

7 ай бұрын

@@smithsmith9926 If you think that will even touch the sides of the problem, I've a bridge to sell you.

Well said young man.

@timg1246

7 ай бұрын

No, badly said. He wants enough housing for everyone but is also in favour of mass immigration. The former is impossible if we maintain the latter.

@ekZ11761

6 ай бұрын

@@timg1246”In favour of mass migration,” citation needed

The landlord will get roughly over £100,000 in 10 years from one house renting, the person who rent the house could’ve get that house from 10 years. That’s why I find it sad for the poor people who couldn’t save enough money to buy a house because of renting.

I am a landlord of a few apartments in west London. Currently I make a loss on all 3 properties because of the rise in interest rates. I am subsidising my tenants rent.

Could we give this guy the job as pm? He's got my vote.

@Lifelongloser

6 ай бұрын

Why? Does he have a solution to the housing crisis?

@paul8161

6 ай бұрын

@@Lifelongloser pretty much everyone has a solution to that apart from the government it seems amongst various other problems they caused over the years.

@WillTheSkyBeBlue

6 ай бұрын

@@Lifelongloser He discusses the solution in an interview with a big economist on PoliticsJoe - the answer is simply more taxes on the massively rich (100s of Millions of £ and up). Of course, the Conservatives are funded by the cunts so ¯\_(ツ)_/¯

We have conspired to create the perfect storm through neoliberalism and financialisation. Our politicians refuse to tackle the problem for fear of the financial elite. Heading back to the days of Dickens?

Its not just buying a house, you can't rent. There are 20+ people going for the same place as you. If you have a large family, you have no chance. We just spent 3 months in a room with 7 people because of a no-fault eviction. The council housing list is a 10 year wait minimum.

I’ve taken myself out of the workforce. As I see it, we’re ruled by people who hate us for pennies. Why work at all then?

It was a deliberate plan by the Tories. Let us be clear, if £10Bn of the money wasted on HS2 had been given to councils to rebuild council stock, it would have created jobs, thousands of homes for those most in need and income for councils that are struggling. No, a win/win/win is far too sensible.

@Matt-sg4bm

7 ай бұрын

All major parties supported HS2

@jumpferjoy1st

7 ай бұрын

@@Matt-sg4bm They supported a rail line between London, Birmingham, Manchester and Leeds. HS2 isnt going to even reach any of those places. 🤣🤣🤣

@andylane247

7 ай бұрын

Started with Thatcher. Should've build more council houses...

@bevneesam7994

7 ай бұрын

I bought my council house and it was the only financial opportunity in my 60 years. These council houses should have been replaced and both parties are responsible. Totally agree with Oli. Shocking for the young folks.

Thank you. So well said.

The cost of owning property should go up exponentially with the number of properties owned. Owning one or two properties should be affordable, to own more should be economically unviable.

There is not a housing crisis, we have a greed crisis... more empty homes than homeless, just next door to me is a housing association building with 5 flats, empty for 5 years almost, yet my town has a dozen homeless in tents on the high street...

@janetmalcolm6191

5 ай бұрын

Councils would say no money to do them up. Another problem!

Absolutely right. The thing is - even if politicians put together a “proper” policy and framework right now to address it, it will still take at least a generation to fix it.. I was fortunate to get a leg up onto the ladder but nearly everyone else I know my age can’t afford it or doesn’t have help - despite having 5 figures in savings and excellent credit ratings. How wrong is that?! Some, can’t save because they have rent to pay, rent that pads the pockets of the wealthy. They can’t get social housing because it’s in such short supply. How were Thatcher and succeeding politicians allowed to turn a basic essential/necessity and human right into a profiteering/racketeering business for the more wealthy.. Rant over, but we have some seriously in-ground issues in this country that need addressing.

@Isochest

7 ай бұрын

That's the whole idea of a Rentier economy. Farm people until the pips squeak and keep them there. Mass immigration stokes It further

@benbunyip

7 ай бұрын

It’s not just the UK. Australian housing is prohibitively expensive.

@Isochest

7 ай бұрын

@@benbunyip I am aware of that too. Not good at all.

@neilm3955

7 ай бұрын

I'd argue if you have 5 figures in savings you can buy a property. Granted it'll be a dump and you'll be shafted by interest payments but we swallowed our pride and did this 6 years ago. 4 years later we sold it for a profit and bought a house in the suburbs. This is Edinburgh tbf, I'm aware London and South East England has it far worse

@quillo2747

6 ай бұрын

Close the borders and the housing crisis goes away. 700k net immigrants in a single year, thats a new city of people who all need to live somewhere.

Bang on

@janhoogesteger4789

7 ай бұрын

This is English! So much for AI ..

The inability to buy a home wouldn't be so bad if there were proper "tenancy for life" council housing ....people used to feel happy and secure and raise their family in relatively cheap council houses ....of course that's a far cry from today's proliferation of overpriced temporary private tenancies

I am 36. I lived and worked in UK since I was 15. Ive some how manged to buy my flat when I was 26. How ive managed to do it and other people cant? Maybe cut on amount of alchohol, expensive clothes shopping, or taking drugs consumption. And now, I grown up with a single parent and she did not give me any money toward the flat.

This is Thatcher’s cruel legacy.

@Lou-mr7kf

5 ай бұрын

and 8 million immigrants

@fyank1

5 ай бұрын

@capri2673you certainly can. She sold off the social housing stock and laid the foundations for the financial crash of 2008 by deregulating the financial sector. She also sold off the public utilities which resulted in the mess the water companies are in now. Heavily indebted with no investment in infrastructure and most of the money going to shareholders. Not saying that successive governments have been any use but she got the ball rolling.

@ekaterinastaneva9922

5 ай бұрын

Out of London and especially out of top 5 big cities, there are hardly any emigrants. In the country side it is more rate to see an emigrant then a badger. House prices have doubled in these emigrant free places in the last 10 years. How do you explain that?

@theAEDan

5 ай бұрын

@@ekaterinastaneva9922inflation and white flight, they’ve far more than doubled though in immigrant rich areas. How do you explain that?

@theAEDan

5 ай бұрын

@@Lou-mr7kfpopulation of England is around 60 million or so right? Immigrant population is 25% so unfortunately, it’s around 15 million.

You are right Oli but then in the same breath and on the same show you said we should have a reception centre in Calais welcoming uncapped numbers of migrants. They have to live somewhere… Yes we can build more homes, but where? If we build on our farm land we have to import more expensive food which then makes us at risk and beholden to others. If we build in existing cities we put strain on roads, schools, and hospitals and we need more of those 🙃 We need to control the population number somewhat and build homes for those who are here. Contradictory is the minimum on what you said

@mahoganywolf8843

7 ай бұрын

He didn't say that at all, don't spread lies. He argued in favour of having a place to process asylum claims in France so that the question of refugee status can be determined before people enter the UK. Would prevent a lot of unnecessary deaths and ultimately reduce the administrative and social burden of asylum seekers in the UK itself. France is willing to let us do that but our government refused because ultimately the 'small boats' narrative works for them politically.

@deanunio

7 ай бұрын

@@mahoganywolf8843 not lies, truth. And anyone who watches the whole thing will understand. To be fair questions that weren’t asked of him and others if this centre was set up. “Why set up a centre like this in a safe country France?”, “How many people will be drawn to Calais already in Europe”, “How many people will do a dangerous crossing from Turkey to Greece or to Italy as a result”, “How many people will be approved based on current or predicted numbers including the additional people pulled there?” “Will there be a cap on how many migrants can come?” “How much will the processing Centre and scheme cost and how much will it cost in the Uk”, “Where will the additional people be housed and what will this do to rents?” The fact is, often asylum claims have an extremely low bar and because of the soft civil servants and judges we accept any old story these days. The UK has of the highest approval rates, and much more than France. And that’s why they come and why we have this problem. A soft touch taken advantage of

This guy is spot on. My rent in Australia went from $560 to $900 a WEEK. I was “technically” homeless for a YEAR up until last week. I lived in a store room,no cooking facilities,showering at a gym,washing my clothes at a laundry mat. I now live in a roach motel,my possessions thrown out,no hope,full of shame,I don’t even look like myself anymore. Hang on to those 4 walls and a house key, you never know how low things can go😔

I agree with him not all landlords are fit to be landlords including the government

Just watched 2 videos of this guy and I'm really impressed with how well he breaks quite complex issues down to explain them.

@rahuldahoob

5 ай бұрын

He should stand as an mp no??

It's so true. Owning a house is part of the British way of life. People should fight for that right.

@amandaw26475

6 ай бұрын

No, it is not

The way I see the housing problem in the UK is a two layer problem. The first layer of the problem is we are simply not building enough houses overall as a nation to keep up with the increase in demand that large net migration is creating. The second layer is location. This is a problem not talked about by politicians of any political party. Not levelling up as was promised is having a huge affect. Let me expiain how it works. Let's look at Bristol. You have people living in Bristol with decent paid jobs living in caravans at the kerbside because they can't afford or find anywhere to live. Even a phone box is probably going to cost you £1000 rent per month. It is a very high property demand location. Let's compare that now to my own home town here on the north of England. You cam easily buy a terraced house for £70k and a 3 bedroom semi detached house for £100k. Average rent across all property types is £600pcm. There's even houses just around the corner from my house that are boarded up that they cant sell or rent out for any price. As a consequence I have a sole person mortgage the repayments on which are £250 pcm. Why is this? Well it's because the town is in the top third of most deprived towns in England. It only has minimum wage, manual labour jobs such as working on production lines. The type of jobs nobody now wants to do anymore. There's no high paying, professional jobs in the town so it is not seen by outsiders as an attractive place to come and make a good life for themselves. If we add to this the fact that the town gets less government investment per capita than almost anywhere else in the country which means such as public transport is garbage then that's just another massive reason not to come here. According to a recent report we've lost 23% of all bus services in the town in recent years. We are now even losing our own local born young people. My niece is going to university this year to study medical research and obviously once she has graduated, she will be looking for a job in that field which obviously will mean leaving the town for good and moving to one of our more affluent cities where she will add to the already crazy housing shortage there. This is the main reason why the plans drawn up years ago to build a 6000 new homes estate on farmland at the edge of my town has been kicked into the long grass. What's the point in building more houses in my hometown when they can't even sell or rent out the existing properties? It's so futile that no developer is willing to take on the job of building the houses because they know if they did, afterwards most would just sit there empty and be left to decay like so many existing ones in the town already are already doing. You couldn't even make immigrants live in my town because they would probably protest against living here. This second layer of the housing problem is a result of regional inequality that drives people away rather than attracts them to a town like mine. If the good jobs and government investment was spread more evenly across the whole country then people and consequently demand for housing would be more evenly spread out and the property hotspots in this country could be relieved somewhat. The trouble is those more affluent cities want the lion's share of the cake, leave us with crumbs but then act surprised when everyone and their dog wants to live in those affluent cities.

Single female 54 here, never owned my own home. I doubt I ever will despite working 2 jobs

@janetmalcolm6191

7 ай бұрын

My daughter is the same boat. Late 40's. Has worked 2 jobs the same. When they give schemes and help they should give help for a whole package of things. It has to be paid back anyway in the end through working.

And if you voted Tory this is all on you. Bravo.

@Steven-ly9ei

7 ай бұрын

True. But neither will crack down on landlords, and neither will be able to build their way out of it. that's why it is hopeless. We don't have a choice to take our homes back from people who use them for profit. I wish ut was entirely a tory issue. Cause then its as easy as getting rid of them. but neither have an answer. Both are too afraid to infringe on the eternal omniscient deity known as free market capitalism. Even if its the thing thst will eventually kill us all, nothing will be done

@tonybennett4159

7 ай бұрын

True, but also true that the Blair government continued the neoliberal financial policies set up by Thatcher, in fact she called New Labour one of her greatest legacies. They could have reversed her policies but would then have lost the backing of Murdoch which was needed for Blair to stay as PM.

@sammyhill69

7 ай бұрын

@TheRichiecor lol, wow. You're reaching for 14 years ago! Desperation! You and the Tories deserve each other.

@grahamjohndavis

7 ай бұрын

@TheRichiecor and yet enough time for the Tory’s to bring this country to it’s knee and make the UK an international joke.

@johntwigg3714

7 ай бұрын

It started with Thatcher in the 80’s

Been in a tent for 2 years. There’s no room at the inn for me. -4 last night. My toes are numb as I write this. I see others being helped through fear of being called racist. I worked for 30 years paying as much as £500 a week in taxes to be told ‘there’s nothing for you’. But you help others that will only ever cost-fact !

@standleymt

7 ай бұрын

We not allowed to talk about the real problem…

@alr68

5 ай бұрын

@standleymt Of course we are allowed to talk about the real problem. The rich getting richer, the poor getting poorer. The rich horde all the housing, right to buy that's decimated the social housing supply, the fact so many politicians are landlords and have a vested interest in keeping supply low. It's all been built this way.

@alr68

5 ай бұрын

@@standleymt Thatcher and neo liberalism are the problem. Politicians love getting poor white people angry with poor brown people. Divide and conquer

Same in Canada, they keep treating it like a drug addiction homeless problem, I predict soon it will become such a big problem we won’t be able to ignore it any longer. Too bad it has to get worse because it’s already pretty bad.

Greed, corruption, selfishness. That's the Tories for you. And ordinary people keep voting them in.

I get £630pm on UC. My rent is £425. Yesterday my landlord told me that because the housing value has increased. The owner wants to increase my rent. Absolute robbery.

@johnblackmore3968

7 ай бұрын

Landlords run a business not a charity, it's called supply and demand

@PopsicleSponge

7 ай бұрын

Sorry mate but im calling BS on that. If i acctually cant live on £205 for Energy bills (£50 per week + Food + Tax Which yes i still have to pay)@@dpcater That £205 isnt disposable. There is no disposable. Given that london prices are around 30 - 50% higher. How does that break down?

@PopsicleSponge

7 ай бұрын

Houses are for living in not for making a passive income. Yes its supoply and demand. And the supply is too low. The demand is only growing. @@johnblackmore3968 Why should 1/3 of my wage go to some boomer who in my case. Moved to south africa 20 years ago. He owns a portfolio of around 30 homes in Hull still. Why does he get to benefit from the housing crisis? Whilst i have to pay his bonuses?

@ridethelakes

7 ай бұрын

@PopsicleSponge don't blame landlords, they are making less profit than they have in decades and hundreds of thousands are leaving the market thanks to rocketing costs, taxes and legislation. This crisis is not caused by greedy landlords, it's massive population growth caused by mass immigration and not building enough houses. There are other factors but this is the fundamental issue.

@PopsicleSponge

7 ай бұрын

Im not going to engage with the Immigration line im sure you understand why. But we can put it another way. My UC is paid by Taxes. So now rather than 60% of my UC going into a LL's hands. They want a higher share of your taxes to be given to one single individual. That i should be using for things like my sons clothing for example. For what? My house has subsidence mate. Its not eligible for a mortgage. It hasnt increased in value or had any value added besides the value thats come from the housing market being such a shit show. I havent had a fire alarm system in my flat for 3 years as the landlord stopped paying his energy bills that power the system in 2021. People will say " Oh well thats just a rogue landlord. Most of us are very responsible" Bollocks. Its now my 12th year of renting. And every single LL. No matter where in Yorkshire has been an absolute charlatan. My sister had to live in a house with severe damp for 6 years and they told her the cause was "Your drying clothes indoors" When you could very clearly see the missing tiles from the roof. The LL Refused to carry out the work. I Dont care if your mortgages are going up. Thats your decision to make a poor investment. Sell up your second/ 14th/ 100th homes. That much wealth shouldnt be in one persons hands. Im not your serf. Your not a Vasal. @@ridethelakes

Hey! Let’s get 10 buy-to-let properties darling and let some other poor sods pay the mortgages whilst we sit on our arses and let the houses crumble into disrepair and become unfit for human habitation! Will also help to push up the price of uk housing to obscene levels. Everyone’s a winner! Oh sorry, no they are not.

@grahamjohndavis

7 ай бұрын

Mummy and Daddy paid for the deposits.

@dpcater

7 ай бұрын

​@@grahamjohndavis Even if Mummy and Daddy did pay for their deposits - Mummy and Daddy worked to pay for those deposits - and while they worked they paid for shitkickers who don't work a day in their life. That's the issue.

@grahamjohndavis

7 ай бұрын

@@dpcater plenty of people work very hard indeed and can not get on the housing ladder because of the insane prices of houses these days. All grossly inflated in part due to buy to let housing. If people had to pay for the mortgages on all their multiple homes from their own monthly income from their own jobs most people would not be able to afford more than one house. So fewer purchasers for houses, so more houses available, so prices do not inflate to obscene levels. With buy to let the renter pays the mortgage. So you can have and many houses as you, or mummy and daddy can afford the deposit on, and from that point the mortgage is paid by the renters. More house purchasers out there. House prices rocket. And often, because the owners do not live in these houses the houses, and because there is little incentive for someone renting to spend money and effort maintaining something they do not own these houses often fall into disrepair. Plenty even become unfit for human habitation. I know such owners. How many houses do you own? What condition are they in? As the owners of the

@dpcater

7 ай бұрын

@@grahamjohndavis A lot of words but very little sense. People do pay for mortgages on their houses they don't just get houses for free. If someone wants to buy to let, why can't they. It's a business. Their income pays their mortgage. I own a flat in London. I started on 18k, I bought it with my own money and it's in good condition, I'm not arguing from a place of bias. I just wholeheartedly disagree with you. You don't get born with a right to anything. People are walking around with iPhones, free healthcare and flat screen TVs, buying cigarettes and booze and on hundred of pounds of UC because of an entitlement culture.

@grahamjohndavis

7 ай бұрын

That’s fine we can disagree. I own one house and my own business so I’m no ‘shitkicker’. I just personally think housing shouldn’t be ‘a business’. I would like hard working people to be able to have their own homes. Look how many young people have to live with their parents now. It’s sad and shocking. The first house I bought in the early 90s was a really nice terraced house in central Bristol. By no means a cheap city, and it was £54k! Now it would be around in £240k. Buy to let is definitely a significant factor in the horrendous hike in house prices for all the reasons I mentioned. I have 3 grown up kids. Two have good jobs and work very hard indeed. Youngest is at university. I would love them to each be able to bring up a family in their own home one day and I am concerned that they may never be able to afford to.

They should look at the Russian model everyone is entitled to a house . No compound interest no usury no homelessness

Our government has broken all of the social contracts of this country, like what's the point of working anymore, let alone working hard. You get fuck all if you work hard, and fuck all working in general

he's right

@smithsmith9926

7 ай бұрын

here are some facts for you buddy -750,000 foreigners are in social housing. 73% of all somalians, 53% of all west Africans. Now tell me again why we should pay for this? Why we should suffer a housing crisis? Why young people should suffer?

He couldn’t be more right. 31 here and in a hostel because the crisis and that’s while being a bricklayer.

@gweilo965

7 ай бұрын

Bs

@farallimacha

7 ай бұрын

No way. Hostel in UK would cost you more than renting a flat. You can easily rent a room in private house for £80 to £120 p/w.

@BrookePage1992

7 ай бұрын

@@farallimacha not in Southampton no. 190 - 240 a week. Hostel is cheaper then a room And to get approved to rent a room u need full time contracted work im self employed and only have been for 6 months. Landlords ask a years income to show stability when self employed. Thank you. Next

@jacobs3031

5 ай бұрын

​@@BrookePage1992I believe you my mate pays £650 a month for a room within a shared house in Exeter.

High rents & high house prices are destroying everything. Cities are shutting down because the very people who most often avail themselves of the shops, bars. Clubs, restaurants, cinemas, pubs, no longer hav the disposable income to do so.

@janetmalcolm6191

5 ай бұрын

Yes with that less jobs leaves more not working. It is a vicious circle.

It's fucked because if you prevented people from owning rentals, they'd invest money in other ventures and we'd likely save the high street, create jobs and the young people who could now get jobs and buy a home would spend their time fixing up there home.

Man, Oli knows his stuff!

@Globaldave1970

7 ай бұрын

Why does he endorse mass uncontrolled immigration then? Sounds confused.

@Wang_Monkey

7 ай бұрын

@@Globaldave1970He doesn't! You show me where he's said that. Controlled immigration doesn't have to be inhumane ;)

Well said Ollie keep banging the drum but unfortunately such an important subject will be ignored as usual

Absolutely agree with all of this. 100%.

And the proposed solution to all this...vote labour. Because that is definitely going to make things better.

@Banor

7 ай бұрын

Exhibit A: the lumpenproletariat. Notice after more than 15 years of tory rule, this lumpen still laps the boots of the ruling elite.

@alistairmonro

7 ай бұрын

Any who, not those two

@mahoganywolf8843

7 ай бұрын

The proposed solution to this is a government who gives a damn and actually works on the problem. Maybe labour will do something, maybe they won't, but the Tories have proven that they're happy to let the situation get worse and worse so we have to try something.

@lukeaquilina917

7 ай бұрын

Reform