UK politics #12

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I think it's important to make the most of now.

We've seen boomers take early retirement and enjoy decades of a great life.

But no other generation will be that lucky. It's going back to the norm of work until you drop dead. Make the most of today, and really there is more important things than owning a property!
Sure enough sign that we’re caught up in the next Industrial Revolution… make the plebs poor enough to turn the progress wheels until they drop. And tax them for the privilege.
 
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I think it's important to make the most of now.

We've seen boomers take early retirement and enjoy decades of a great life.

But no other generation will be that lucky. It's going back to the norm of work until you drop dead. Make the most of today, and really there is more important things than owning a property!

So true. My husband and I are mid 40s and are renting. Home ownership is something we will never have. But, we make the most of our life and enjoy our life, you cannot take it with you.
 
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I think it's important to make the most of now.

We've seen boomers take early retirement and enjoy decades of a great life.

But no other generation will be that lucky. It's going back to the norm of work until you drop dead. Make the most of today, and really there is more important things than owning a property!
Yeah, would be nice to be paying for something I'd eventually own though. To be honest i wouldn't mind renting if it was more affordable. We seem to be at the mercy of landlords who put up the rent willy nilly knowing if we can't afford to pay it there are hundreds of others who can.

My dad retired in his 50s - something i could only dream of 😂.
 
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Yeah, would be nice to be paying for something I'd eventually own though. To be honest i wouldn't mind renting if it was more affordable. We seem to be at the mercy of landlords who put up the rent willy nilly knowing if we can't afford to pay it there are hundreds of others who can.

My dad retired in his 50s - something i could only dream of 😂.

100%, agree. Our landlord put ours up in December by £150 a month 😭
 
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100%, agree. Our landlord put ours up in December by £150 a month 😭
It feels unending where the cost of living is going up more than our wages.

Mine went up by £50 a month in February. I got a 2% pay rise from work which should have covered it but with tax and other essentials rising in price I'm ending up poorer.
 
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It feels unending where the cost of living is going up more than our wages.

Mine went up by £50 a month in February. I got a 2% pay rise from work which should have covered it but with tax and other essentials rising in price I'm ending up poorer.
Boils my piss that it feels so out of control.
 
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I agree. Trouble is, as said above, if we didn't pay it someone else would.
I worry that more regulation would put Landlords off, leading to even more of a shortage of rental properties.
 
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Are there no regulations around landlords ripping people off?
No. I think in general you can only increase rent once a year and not while a fixed term contract is still valid (e.g. if you signed for 12 months at £800 pcm they can't increase it during that time).

The rest is just based on the markets and what similar properties are renting for to make yours competitive. There's no regulation on how much rent can be increased by once you're on a rolling contract or set at initially if you rent privately.
 
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I agree. Trouble is, as said above, if we didn't pay it someone else would.
I worry that more regulation would put Landlords off, leading to even more of a shortage of rental properties.

Rental homes don't disappear when landlords sell.

We're too far gone but I don't believe residential property should have ever been seen as an investment. And definitely not a safe one, because it's created a culture where property owners think things should go their way most, if not all, of the time.

These are people's homes, it's a huge responsibility to be in control of someone's shelter.

Every decision affects someone's standard of living which then affects the economy.

If the new rules means people feel more stable then it can only be good.
 
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Not when private renting sadly, only social housing.
Our housing rights are slightly different to the rest of UK but I’d still check out housing rights organisations in your area.That seems an extreme increase.
 
Rental homes don't disappear when landlords sell.

We're too far gone but I don't believe residential property should have ever been seen as an investment. And definitely not a safe one, because it's created a culture where property owners think things should go their way most, if not all, of the time.

These are people's homes, it's a huge responsibility to be in control of someone's shelter.

Every decision affects someone's standard of living which then affects the economy.

If the new rules means people feel more stable then it can only be good.
Yeah, and spending 1/3 - 1/2 of your income on rent means you have less disposable income for other things. I used to always be out and about when my rent was a few hundred pounds less. Whether I was going out for a meal with friends, going to the pub for an after work pint, going for a coffee and a walk etc. Now I entertain friends at home, rarely go out for dinner / drinks or buy things out. I don't think I'm the only one.

And people are wondering why pubs are struggling or the high street is a ghost town. Then people in retail and hospitality get laid off because those companies are struggling due to a lack of custom.
 
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Yeah, and spending 1/3 - 1/2 of your income on rent means you have less disposable income for other things. I used to always be out and about when my rent was a few hundred pounds less. Whether I was going out for a meal with friends, going to the pub for an after work pint, going for a coffee and a walk etc. Now I entertain friends at home, rarely go out or buy things out. I don't think I'm the only one. And people are wondering why pubs are struggling or the high street is a ghost town.
Exactly this! I’m not sure if you’ve got a partner and children? But single people are finding it tough going, families have no hope of any disposable income after bills unless you’ve got a very generous wage and mortgage free. Decent eateries in our town are closing down daily McDonald’s seems to be the only restaurant thriving £5 meal deals are a hit 😂
 
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Exactly this! I’m not sure if you’ve got a partner and children? But single people are finding it tough going, families have no hope of any disposable income after bills unless you’ve got a very generous wage and mortgage free. Decent eateries in our town are closing down daily McDonald’s seems to be the only restaurant thriving £5 meal deals are a hit 😂
No i am single so it's tough. It feels like things have gotten harder since about 2022 and no end in sight. It's not just rent going up but also food, bills, transport etc. The cost of a pint in my local near me when I first moved to the area was £5 and now it's £6.40 😅.

I try and save money each month but it's more in case I get made redundant than to put towards something long term. That £200pcm saved isn't going to buy me a house anytime soon 😂
 
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No i am single so it's tough. It feels like things have gotten harder since about 2022 and no end in sight. It's not just rent going up but also food, bills, transport etc. The cost of a pint in my local near me when I first moved to the area was £5 and now it's £6.40 😅.

I try and save money each month but it's more in case I get made redundant than to put towards something long term. That £200pcm saved isn't going to buy me a house anytime soon 😂
You know things are bad when Poundland have announced hundreds of closures 😂 the only pubs in our area that open regularly are small local hangouts where the old regulars prop up the bar for hours on four pints 😂 we shouldn’t laugh tbh,it’s a true reflection on how bad things have become.
 
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I think a lot of people underestimate how difficult it is to save for a deposit. I bought my house alone, and although I have wonderful parents they’d have never been able to provide help in that way. It took me 7 years to get my deposit together and even then took me another two years once I bought the place to buy furniture / bedding / pots pans all that jazz that you don’t even think about 😆

It is possible, but it’s so bloody hard!
 
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