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A link to a BBC article.Homelessness rise 'likely to have been driven by welfare reforms'
Sometimes you take no pleasure in saying “We told you so”, as there are families suffering and god knows how many more going to suffer. The sad thing is, as bad as the homelessness crisis is, “You Ain’t seen nothing Yet”!
Oh the irony. Is this the same Homelessness charity that pays 6 figure sums to it’s bosses yet has never housed a single person. The same charity that lobbies to have draconian tax measures imposed on landlords thus exacerbating the problem.If you ask me, the below is a funny way to tackle homelessness.
I no longer take housing benefit tenants once any current tenants leave as it’s economically unviable thanks to S24 on top of the benefits freeze.
Homelessness crisis, what homelessness crisis. “You ain't seen nothing yet”
Your spot on Paul
Learn Change and Adapt ?????
Agreed, S24 is a mad idea and reduces supply at a time when we need more homes for rent. But undoing that alone would only be a start. We need to build more houses too.
But it will not be use building the homes
It will be large Landlords
we on the other hand will be forced to leave the stage
and all generation rent to purchase
The writing is on the wall Rent Control will come especially in the SE of England
What can I say?Housing crisis? You ain't seen nothing yet! A "perfect storm" is brewing. When I spoke to controversial landlord Fergus Wilson in 2015, he predicted this:
Controversial he may be
But he didn't get where he is today by being stupid!!
Wise words from a proverbial sage.
Many don't like what he has to say.
But he does tell it as it is no matter how objectionable it may be for many.
He doesn't do trolling.
He just states the realities which many don't want to hear.
Don't shoot the messenger just listen to the message!!
I think we've all been predicting this V, yet this is only the beginning. I've been telling people for years there's a massive crisis coming and that by 2020 it will be like nothing seen before.
Rent controls don't bother me. But if they come in how are the big corporates going to feel. They are investing billions for a return and rents need to be at a high level to hit that return. My rents will always be well below what they charge.
So once the crisis is in full flow (again, we are just at the beginning IMHO) housing benefit will have to rise steeply so all the homeless or those in temporary accommodation can actually afford anywhere.
The raise in stamp duty by 3% and more importantly S24 and the freeze on benefits were incompetence beyond belief. No impact studies apart from back of fag packets about how much landlords could be fleeced for.
By the time the crisis gets under control and housing benefit rates have soared, I predict it will have cost many many times more to sort than they ever raised.
Irony?We are just on our way back from the Landlord and Investment Show in Brighton. Croydon Council were there - they are desperate for private landlords as "they don't have enough social housing".We recorded an interview and I will post it shortly. They said they would consider any location as they have so many people to house!You couldn't make it up!
I seem to recall that various London boroughs had stands at the Landlord and Letting show when it was at the Barbican.
Sadly, I had to evict a tenant not too long ago. My local council could only find her a private landlord 15 miles away which caused her great difficulty with work and children's school.
Every borough has a chronic shortage of social housing.
Funny, Sad and Predictable. You are correct, you couldn't make it up.
This is going to become a political nightmare for the next government. They are going to have to find a way to incentivise the very people they have demonised and tried to destroy.
I have a long memory so that's going to have to be some incentive.
I went to watch Liverpool FC about a year ago and went into the City for a meal and night out. It shocked and disgusted me how many homeless there were from when I lived here. Literally every few yards.
"Yesterday is history - tomorrow is the future"
Full time Landlord in WestYorkshire, mentor and property education to new and inexperienced PRS investors. 25+ years of working knowledge. Accredited NLA member http://www.landlordgeoff.co.uk [color=#800080]