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Rent crisis: is it time to get rid of landlords? 

Channel 4 News
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Do you hate your landlord? You wouldn’t be alone if you do because the UK is in a rent crisis, and the only people who seem excited about ‘property investing’ are the TikTok landlords who want to make you rich. [Watch the first episode in this series here: • Rent crisis: why is re... ]
Landlords say the worst housing crisis in decades is not their fault. And they’re sick of being cast as the “slumlord,” “parasite,” “bad boys”.
Years of government tax changes and tougher regulation, paired with soaring mortgage rates and new rental reform, has many traditional landlords saying it's not worth being a landlord anymore and warning of a "mass exodus" from the market.
And experts insist that would be bad news for renters.
But while those who've been in the business for years threaten to leave, a whole new generation of landlords are coming onto the market - and they're doing it via TikTok.
Rebranding themselves as ‘property investors’, these #PropertyTok landlords are teaching their social media followers how to buy and rent out property to tenants - and get rich in the process. So will these influencer landlords save renters?
Produced, presented and edited: Milena Dambelli
Produced, filmed and edited: Frances Rankin
Executive Producer: Kieron Bryan
-------
Watch more of our explainer series here - • Britain on the Brink
Get more news at our site - www.channel4.com/news/
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23 май 2023

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Комментарии : 1,6 тыс.   
@ryanrizzajones
@ryanrizzajones 11 месяцев назад
Literal parasites on society
@gosskamperis2016
@gosskamperis2016 2 дня назад
How many people have YOU provided accommodation for?
@beautanner8409
@beautanner8409 9 месяцев назад
To the question "People want to own a home, but you're buying up all the houses", the guy responds "I'm not buying up all the houses, I'm just doing what I do and taking care of my family" - yes you are, by buying up an outsized share of scarce housing lol.
@paulgibbons2320
@paulgibbons2320 4 месяца назад
Capitalism inspired narcism. As long as I'm alright jack. Fxxk everyone else. It's the mental illness which drives capitalist society. They don't respect you, they just want you to wake up and see the world the same as them.
@cadcad-jm3pf
@cadcad-jm3pf 3 месяца назад
So your solution is to blame the economic agent for doing what's good for them in a market economy? Rather than address the reason why the market doesn't properly react to more demand for housing by increasing supply? The USSR collapsed in 1991, you should have learned something by now, comrad.
@paulgibbons2320
@paulgibbons2320 3 месяца назад
@@cadcad-jm3pf The market economy disproportionately favours property owners. So it's a valid complaint.
@cadcad-jm3pf
@cadcad-jm3pf 3 месяца назад
​@@paulgibbons2320 It even more disproportionately favors business owners, especially so those who possess "means of production". Government interference, however, has historically been proven to be far worse than the issue itself. This whole line of thinking is akin to some Venezuelan dictators blaming their economic collapse on "speculators" who selfishly bought up all the bread in their country. Question is, if you are willing to take centralized control of the property market and to ration it, what else are you willing to ration?
@paulgibbons2320
@paulgibbons2320 3 месяца назад
@@cadcad-jm3pf That's a perceptional game. In difficult times is rationing and moderation necessary? In war time for example. Would you discourage rationing then ? People do have to moderate and regulate people who put profit before people. It's becoming far far more necessary. The price of pharmaceutical drugs for example. They make things for penny's and charge national health service a scandalous disproportionate price. It's literally holding them to ransom. Capitalists refuse to moderate themselves. Shelter is a basic human need. These people can't go and build a shelter anywhere they want because people who existed before them put a fence around it. It's simply not right these people are aloud to exploit peoples human needs without moderation or restraint.
@terrygrady8413
@terrygrady8413 9 месяцев назад
My landlord bought 3 houses in my area 20 years ago. they cost less than £20,000 each. He never repairs the houses and they are falling apart. He told me he had to raise the rent by £200 a month just to cover the 5 recent interest rates. I worked out the amount he says he has to cover. This means he has mortgages of £80,000. He has 5 holidays a year and my house has rotting window frames, no gutter on half the house. Houses are homes and greed is pushing up house and rent prices. It must stop. Councils must compulsory purchases rental homes and keep rents down. In my area the DWP set a housing benefit cap at £480 PCM. The rent for the homes in this area are £650. How on earth can people find a home in they have to claim benefits.
@chriskaye1997
@chriskaye1997 9 месяцев назад
Or here is an idea… MOVE OUT. Don’t like it? Then leave! You can find somewhere better for the same cost.
@terrygrady8413
@terrygrady8413 9 месяцев назад
@@chriskaye1997 That is impossible in my area. I am disabled, you may want to look at what I wrote again. In particular the last sentences.
@DK12_
@DK12_ Месяц назад
People on Benefits can't be picky. You do less than average you should expect less than average.
@terrygrady8413
@terrygrady8413 Месяц назад
@@DK12_ What an arrogant ignorant reply. I am on benefits because I am retired and disabled. If you read what I wrote you may understand that the landlord is not running his business correctly. Houses must be maintained or they fall apart. People that are disabled have the right to a decent home. My home is well below average. All the soffits are rotten and falling off. The attic is full of birds.
@gerekgerek9042
@gerekgerek9042 Месяц назад
@@DK12_ Found the slumlord.
@Nigelfarij
@Nigelfarij Год назад
£180 / course, 1700 sign ups. That's £300,000. He makes his money from selling courses, not property development.
@tuvaaq
@tuvaaq Год назад
Trump University
@stephenwalker2924
@stephenwalker2924 Год назад
That's the influencer bit. The landlord bit is almost an afterthought. Every time I see an ad on RU-vid with some business person on it selling/telling me how they made all their millions...I ask myself: why are they telling ME how THEY earn a living? Why don't they just fook off and go and happily make their millions? Why is it so important that they run a short free course that shows ME how to earn what THEY earn? Why do THEY want to share all their money-making secrets with the world and ME? Then I say to myself: "oh, it's that BS-spouting snakeoil salesperson again..."
@metastract
@metastract Год назад
Yep. Selling the opportunity itself has always been the most profitable opportunity online since internet business began. Took a while for people to start realising this though ...as always.
@steelcitydomains2356
@steelcitydomains2356 Год назад
Cheap then at the side of a pointless 20k or 30k on a degree yes?
@truth.speaker
@truth.speaker Год назад
Is no one going to address the fact they were literally sat in a property he renovated? There is no reason why he can't make money from both
@lukebowler7946
@lukebowler7946 11 месяцев назад
Imagine if people could buy all the water and electricity in the country and could rent it out for a profit...
@AP-di8sy
@AP-di8sy 7 месяцев назад
and the air.These are our basic needs, shelter included.
@AndriyValdensius-wi8gw
@AndriyValdensius-wi8gw 4 месяца назад
Air. Now why has nobody thought of that ? British Air. Easy payment. Pay monthly on a fixed term contract. OR you can have a meter fitted to your windpipe, pay as you breathe. Of course the Tories would soon sell British Air to Saudi, Kuwaiti and Qatari investors. There really is very little space remaining for satire these days.
@paulgibbons2320
@paulgibbons2320 4 месяца назад
You think they have not thought about it? I'd bet a kidney they have thought about it. Surprised nobody has taken that on dragons den.
@AP-di8sy
@AP-di8sy 4 месяца назад
We shouldn't give them the ideas!@@AndriyValdensius-wi8gw
@clifflewisjr5234
@clifflewisjr5234 4 месяца назад
It's coming now that you mentioned it. Some things are just not worth mentioning. You just blew it.
@seanrm
@seanrm Год назад
What happens when millions of renters reach retirement age and their state pension won't even cover their rent?
@nauxsi
@nauxsi 11 месяцев назад
Go to a country where it is cheaper to rent.
@catiq7246
@catiq7246 5 месяцев назад
MassHomlesness explosion
@paulgibbons2320
@paulgibbons2320 4 месяца назад
We are about to find that out. First generation renters are approaching retirement. It's going to be like the third world hits us.
@clifflewisjr5234
@clifflewisjr5234 4 месяца назад
It's already happening all over the country.
@biasilva6005
@biasilva6005 3 месяца назад
My neighbour was in her late 60’s and autistic and was kicked out of the house she lived in for the last 15 years because the landlords decided to raise the rent and she refused because she couldn’t afford it. They got enforcement agents to put a paper saying so in her front door and she had to leave, get emergency temporary housing and leave all of her belongings behind as she wouldn’t have anywhere to put them or means to pay someone to transport so many things. It’s the last 15y of her life just taken away.
@beasttitanofficial3768
@beasttitanofficial3768 Год назад
"They just don't understand what I'm doing". You're being a parasite, babes.
@mysisterisafoodie
@mysisterisafoodie 11 дней назад
To be fair, he is refurbishing his properties really good, and providing student housing which there is a shortage of. So I’m not sure he falls under the category of parasite. He’s creating good student housing where there wasn’t before.
@AntonioBianh
@AntonioBianh 9 месяцев назад
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
@JenniferDrawbridge
@JenniferDrawbridge 9 месяцев назад
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@MarkFreeman-xi3rk
@MarkFreeman-xi3rk 9 месяцев назад
Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance Long story short, its been 2years now and I’ve gained over $860k following guidance from my investment adviser.
@cythiahan8455
@cythiahan8455 9 месяцев назад
@@MarkFreeman-xi3rk Interesting Mark. I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, do think your Inv-coach could guide me with portfolio-restructuring as i wouldn’t mind a recommendation.
@MarkFreeman-xi3rk
@MarkFreeman-xi3rk 9 месяцев назад
Actually, I've shuffled through a few advisors in the past, and “ Margaret Johnson Arndt” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.
@SophiaChristian-so2of
@SophiaChristian-so2of 9 месяцев назад
Insightful... I curiously looked up her name on the internet and I found her site and i must say she seems proficient, wrote her an email outlining my objectives. Thanks for sharing.
@TheGreatLeslieBand
@TheGreatLeslieBand 11 месяцев назад
The guy saying ‘were the bad guys now, landlords are the bad guys like bankers were the bad guys’. But BANKERS WERE THE BAD GUYS!! Stop treating property as investment! It’s a home, is a fucking right.
@davescott7680
@davescott7680 11 месяцев назад
If the landlords making enough on rents to cover their mortgage and make a profit. The issue isnt that the renters cant afford the house, its that our systems punish the poor. Government should build social housing, rent to buy, and most importantly, when they make money back use it to build more.
@jazy3091
@jazy3091 9 месяцев назад
Oh dear, oh dear, "we need landlords because without them there will be no houses to live in"! How about we build more social housing eh? How about providing a good quality accommodation as a social right, and then when the market is freed of those who have no choice, the landlords can improve their houses to the point that they're a good deal to be paid for? We DO NOT NEED LANDLORDS! We need houses.
@rpospeedwagon
@rpospeedwagon 8 месяцев назад
So are you paying $30,000 if your heating/AC system breaks tonight and needs replacing? Because as a renter you're not. Too bad if you own if though. Hope you brought your wallet.
@yekida
@yekida Месяц назад
@@rpospeedwagon I've spent in total 2 years in rentals with shitty heating and no AC... oh and one with abestos in the roof we didn't know about... and ants... it may be arrogant of me to say but in a way, I feel I could manage
@95ellington
@95ellington 17 дней назад
Sounds like you should be living in Eastern Europe.
@jazy3091
@jazy3091 16 дней назад
@@yekida I "love" how landlords always bring this one little point of "sometimes things break and we have to buy new ones!!1!". As if renters wouldn't have savings IF we didn't pay majority of our salaries to the landlord. a £30,000 for a boiler is a lot, but if I owned my place I could easily take a loan and buy a good quality boiler that will serve me years instead of the cheapest that landlords always chose.
@svenerikmoeller8809
@svenerikmoeller8809 14 дней назад
Oh dear oh dear, by the sounds of it you want folks that work hard and contribute all their efforts so you can have free housing! By the way you do need landlords by the sound of it and since I am a landlord with three properties I really don’t need you of your types, why bother
@philiphawkins4684
@philiphawkins4684 Год назад
Council houses use to be where people rented if they couldn't afford a home, most of these were sold in the late 80s and 90s.
@Lee-ew8dw
@Lee-ew8dw 11 месяцев назад
This ^^^^! The Gov abandoned it's responsibility to provide social housing and passed it to the private sector. They sold the council housing and failed to reinvest and rebuild. Typical privatisation. I'm looking at you Tory boy !
@sutty85
@sutty85 10 месяцев назад
Half given away and half sold. Funny how noone mentions Toni Blair's open door policy back in the 90s. Added population has a hand in this too Something lefties Never want to admit.
22 дня назад
Council houses are supposed to be bought by the families originally. Not rented by landlords.
@hatientacetlen4246
@hatientacetlen4246 10 месяцев назад
"Landlords aren't the problem, the problem is there aren't any new homes being built." There can be several problems. If your house was on fire and someone was outside shooting at you with a machine gun you wouldn't say "The guy shooting at us isn't the problem, the house being on fire is the problem." We need more houses and less landlords.
@Michelle_Schu-blacka
@Michelle_Schu-blacka Год назад
If you thought finding somewhere to live couldn't get more depressing, the social media kids are doing it now.
@anthonyharris2930
@anthonyharris2930 Год назад
It'll eventually be hard for anyone to buy a house and then the same evil landlords will be complaining their own kids can't afford a house. Karma will happen
@truth.speaker
@truth.speaker Год назад
In all fairness, it's easy to buy a house up North. I just got a flat for 44k It's in a nice area but needs absolutely everything cleaning up and redecorating If your deposit were 5 grand, could you afford a flat?
@Michelle_Schu-blacka
@Michelle_Schu-blacka Год назад
@@truth.speaker Not sure I'd get a mortgage, but I'd consider a move 'oop narth', in a decent area, for £44k
@truth.speaker
@truth.speaker Год назад
@@Michelle_Schu-blacka peruse Rightmove and speak with a mortgage advisor You may be surprised what's available I consider it prudent to buy a home now because they are still affordable. I think other people may catch on and start buying up North in coming years
@nyakwarObat
@nyakwarObat Год назад
​@@truth.speaker up north where exactly?
@SebAnders
@SebAnders Год назад
Can someone explain how using a £39k student loan to buy a house isn't fraud?
@Grandpa_Grinch
@Grandpa_Grinch Год назад
I was wondering that & him promoting his story of how he done it will encourage others to get these loans to do what they want with the money
@NeonVisual
@NeonVisual Год назад
The real crime is putting students into £39k worth of debt for all jobs which require a degree, which these days is pretty much everything above retail.
@steelcitydomains2356
@steelcitydomains2356 Год назад
He got it off family for the 1st one
@truth.speaker
@truth.speaker Год назад
Probably is. But if he repays, is it truly still fraud? Probably never going to get punished
@Robert-cu9bm
@Robert-cu9bm Год назад
​@@truth.speaker Yes, it's tax payers money to help people with living during their time at uni. Not to use it as a deposit for a house.
@danielkey1463
@danielkey1463 Год назад
We are already in a big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
@mariahhayes5089
@mariahhayes5089 Год назад
Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as 'MARTHA ALONSO HARA" who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner.
@greenquake11931
@greenquake11931 Год назад
@@mariahhayes5089I want to build a diversified portfolio based on my personal income. I am easily triggered/highly emotional, which could be detrimental to my portfolio. I hope I am a patient and systematic person. day trading is not for everyone and multiyear holding is not for everyone. I know my strengths that's why I need proper guidance to be able to venture.
@mariahhayes5089
@mariahhayes5089 Год назад
@@greenquake11931 I have saved myself from all the hassle that chaotic market causes. These days the best way to come into the market space is by reading, studying, being patient, and seeking guidance when necessary, due to my line of work I can’t handle my portfolio so I just copy the trades of my FA. I saw her on Bloomberg business news. It’s been smooth since then.
@greenquake11931
@greenquake11931 Год назад
@@mariahhayes5089 how can I reach this person because I am in need of a better investment approach.
@mariahhayes5089
@mariahhayes5089 Год назад
@@greenquake11931 'MARTHA ALONSO HARA"
@Jimboy1611
@Jimboy1611 11 месяцев назад
Landlordism is a parasitic practise and it needs to end. Landlordism: 1.) Harms our economy. In taking a chunk of people’s pay just for them to exist, their spending power is depleted. 2.) Entrenches the housing crisis. Houses are no longer classified as places for people to live, but business assets for landlords. This artificially inflated their price. 3.) Undermines communities. Renters have no stake in the communities they live in (in the 5 years I’ve lived in London I’ve lived in 4 houses because of the whims of landlords), so meaningful, safe communities and relationships disintegrate. Why get to know your neighbours when you may be turfed out in a few months? 4.) Degrades neighbourhoods. Renters have no incentive to keep the houses/gardens they live in nice because they have no stake in them. They don’t report graffitied bus stops or clean up litter in the street. Not giving people a stake in their neighbourhoods allows rot to set in. 5.) Degrades mental health and well-being. A secure, affordable place to live in a community you know is essential to wellbeing. Itinerant renters often experience poor mental health and the social and medical problems (alcoholism, loneliness, etc) that stem from it. 6.) Ruins architecture. Because houses and flats are no longer homes for people to live in, but vehicles for rent extraction, they’re built cheaply and nastily and detract from the character of neighbourhoods. Awful, soulless flats with insipid shrubs and homogenised retail outlets. 7.) Ruins local commerce. Property prices (artificially inflated by Landlordism) also affect business rates. This means only corporate chains can really survive now. Instead of charming and unique local enterprises, you get processions of Tesco Expresses , chain-pubs and Costa Coffees. Bland, homogenised, soulless communities nobody wants to spend time in. Landlordism is a blight on our country that’s arguably more harmful than drug dealers and it needs to disappear.
@keithcommins
@keithcommins Месяц назад
All that and you never bothered to suggest an alternative to the status quo. I always find it hilarious how lefties like you hate landlords. Ask them what should happen instead? Absolute silence.
@KimPhilby203
@KimPhilby203 Месяц назад
Sounds like you want to swap places...if it bothers you so much get your own thing going..
@snark567
@snark567 9 дней назад
@@KimPhilby203 Salty landlord spotted.
@alexanderevanska4274
@alexanderevanska4274 Год назад
It's not time to get rid of landlords. It's time to get rid of greedy bastards that masquerade as landlords, that includes some corrupt councils.
@tgoddard1988
@tgoddard1988 11 месяцев назад
Agreed! I think the council need to introduce rent controls! I’m living in a small 1 bed flat in a bad area, no where near town centre even, but my rent is £800 a month! And my landlords haven’t even put my rent up yet!
@wingaard
@wingaard 11 месяцев назад
We should ban foreign landlords investing in the home market!
@rayosullivan4398
@rayosullivan4398 7 месяцев назад
This is not North Korea although not far off
@WhichDoctor1
@WhichDoctor1 11 месяцев назад
Housing is something everyone needs. It shouldn’t be up to the whims of the market whether people can afford a roof over their head or not. The government should build good quality homes and then rent them out at cost, so the people screwed over by landlords and banks can have secure places to live without having over a third of their income siphoned off to pay off the mortgage on someone else’s asset
@paulgibbons2320
@paulgibbons2320 3 месяца назад
Exactly right
@madameversiera
@madameversiera 3 месяца назад
Right, if you pay 80% of your income on rent, this is speculation on housing not just rent.
@paulgibbons2320
@paulgibbons2320 3 месяца назад
@@madameversiera it's speculation on somebody else's housing. How is that Going to help his situation. Call it what you want. I prefer the term pick pocketing.
@snark567
@snark567 9 дней назад
Or make it illegal to buy out housing? I know, radical thought.
@TheWebstaff
@TheWebstaff 11 месяцев назад
"Not everyone can afford to own there home" Except renting is more expensive?...
@TwistyTrav
@TwistyTrav 9 месяцев назад
Yep. Not everyone can afford to own a home, because they're too busy struggling to get by paycheck to paycheck, since they're rent is so high & they're unable to save for a down payment. In reality, they could theoretically afford a mortgage in lieu of paying unaffordable rent.
@zhaw4821
@zhaw4821 6 месяцев назад
@@TwistyTrav Get another job... Or two
@paulgibbons2320
@paulgibbons2320 4 месяца назад
Exactly. And they price fix specifically so you can't afford it and have to rent.
@paulgibbons2320
@paulgibbons2320 4 месяца назад
@@zhaw4821 I did that. My landlord put rent up twice that year. Never again.
@nzuriparker9038
@nzuriparker9038 3 месяца назад
Exactly, and then at the end of the day, no matter how much you rent, you'll never own the place you've effectively paid for.
@nish663
@nish663 Год назад
Landlords provide housing in the same way that scalpers provide tickets.
@NeilEvans-xq8ik
@NeilEvans-xq8ik Год назад
They provide housing like slavers provided food and shelter for their slaves. But that didn't mean that they were morally good nor that slavery was ok. Both were profoundly evil.
@tictoc5443
@tictoc5443 Год назад
​@@NeilEvans-xq8ikrenters have the freedom to buy No?
@NeilEvans-xq8ik
@NeilEvans-xq8ik Год назад
Slaves had the freedom to enslave, no? No; they did not, because all of their resources were consumed by their masters. This is the nature of oppression.
@liveuser8527
@liveuser8527 Год назад
​@@NeilEvans-xq8ik so Landlords didn't LEGITIMATELY buy their property?(with jobs providing services to people)
@NeilEvans-xq8ik
@NeilEvans-xq8ik Год назад
Not always. A lot of the time it's handed to them on a plate by their parents, who also exploited people in previous generations. But even if they did, it's not ok to work your way into a position in which you can exploit others. You should work hard to create wealth, not to steal it from others in the form of rent (landlords) or wage theft (employers). If you do that then those others cannot thrive like you want to thrive, and they are just as important as you are. Just think of how hard the old slavers used to work to set up their plantations and acquire their slaves; no easy task, I'm sure, but an evil one nevertheless, and so one that they should never have engaged in... Thanks for you response, btw; I think it's important to have these discussions. Take care.
@wafflingmean4477
@wafflingmean4477 Год назад
Landlord: "If we all left the market, then there would be far less housing available." So he's threatening renters in general. He's saying that he'll keep his properties regardless even if he couldn't rent them, hence there being less houses if he left the market. If he sold it there would be the same amount of houses. I don't know if he realised he is saying "pay me money for a human right or I will force you onto the street". And he thinks he's the good guy. This is how far gone the rich are.
@nianix1141
@nianix1141 8 месяцев назад
^ spotted the commie. 🎉🎉❤❤
@rpospeedwagon
@rpospeedwagon 8 месяцев назад
You think landlords would "burn" their assets to spite the "poor?" You clearly don't understand how the world works.
@wafflingmean4477
@wafflingmean4477 7 месяцев назад
@@joshu1898 You'd be well within your rights to make that demand if I was rich, hoarding humanity's resources for myself out of greed. Unfortunately for both of us I'm not rich. Try knocking on Bezos' door. Or if you want a more manageable target, try a landlord who owns seven damn houses.
@prettykitty5416
@prettykitty5416 Месяц назад
Well what are you gonna do? What are your other options? You either pay or go without. Everything works like this. You can’t afford food then you starve. You can’t afford gasoline then you walk. You can’t afford a car then you take the bus. You can’t afford a home then you rent or live in a tent. When you can’t afford something you simply go without. It’s sad but this is how it’s always been. Exactly who’s fault is it that you can’t afford something? We all out here struggling.
@HowardCharlesUK
@HowardCharlesUK Год назад
Landlords don't provide housing, they restrict it
@lineage13
@lineage13 Год назад
A landlord by definition provides housing. People who buy homes to live in do not, people who buy vacation homes do not and people who buy for Airbnb do not.
@chaselee86
@chaselee86 Год назад
So what's your solution? Just ban investors and private landlord all together, that will solve the problem isn't it?
@Stuark54
@Stuark54 Год назад
Let’s be honest the only bad landlords are the ones who borrow to let. I think if we banned banks from giving loans to those sorts of people then I think things would improve. That way only the ones who have built up enough money to actually buy a house in full will be able to be landlords. There’s just too many of them!
@neanda
@neanda Год назад
@@chaselee86 yes. housing is a human right, not an asset on your portfolio. invest in innovation, not in trying to restrict people's ability to live.
@chaselee86
@chaselee86 Год назад
@@neanda If there are no landlords, the only supplier of housing would be the government. If all people live in council house, where does the money come from?
@Whoo711
@Whoo711 8 месяцев назад
lol That guy really thinks "only 20%" of landlords are really-bad? Please It's probably more like 50%, AT LEAST maybe 75%, if not higher
@svenerikmoeller8809
@svenerikmoeller8809 14 дней назад
Lol, we get the same sentiments as yours here in Australia. Everyone against landlords without realising that 71 percent of all landlords own only one building!!! After mortgage, tax and council rates we tend to make less then what they unemployable losers get from the government that we fiscally support. So in that maybe do what I have done , work and save!!
@So_Cato
@So_Cato 9 месяцев назад
He rents the rooms individually? Good God, the greed...
@drwalka10
@drwalka10 3 месяца назад
You must be pro homelessness
@davidocallaghan6361
@davidocallaghan6361 2 месяца назад
Not greed. Business. My parents are landlords. 3 properties in Cork. They make a tidy profit. Does that make them greedy? My friend had recently bought a house. He's currently in the process of splitting it into 4 apartments to maximise the monthly income. That just makes him an intelligent business man. Welcome to capitalism. If your not successful enough to own a home that's your problem. Don't begrudge others making money off people's need for a roof over their head. Supply and demand is the basis of the economy.
@AJ_Cricket_Fish
@AJ_Cricket_Fish Месяц назад
@@davidocallaghan6361At least you're honest about their exploitation. To answer your question, it makes them fucking lecherous cunts
@greggg34534
@greggg34534 Месяц назад
@@drwalka10 how come the soviets deleted homelessness with blocs of government owned apartments?
@notroll1279
@notroll1279 Месяц назад
​@@greggg34534 They didn't, really. Their aim was to provide 8 square metres living space per inhabitant but never reached that throughout seven inglorious decades of partly bulldozing old buildings, partly splitting existing flats into "komunalkas" - where entifre families sometimes had to share a room - and building those faceless blocks.
@morganoox3838
@morganoox3838 8 месяцев назад
Why can't anyone think about this? We DONT need more landlords. If we had less landlords we could BUY those homes the landlords wont be buying, and the cost to own the house will be LESS than the rent, because YOU DONT NEED TO MAKE PROFIT ON YOUR OWN HOUSE. Also, if you have a problem, you can fix it yourself, and not live in fear of being kicked out.
@HT-vd4in
@HT-vd4in 3 месяца назад
What keeps you from buying your own house, when you don’t need to make a profit on your investment? Only cheap talk no hard walk…
@liberalbias4462
@liberalbias4462 3 месяца назад
​@@HT-vd4inthe price is to high. Do you see the problem.
@HT-vd4in
@HT-vd4in 3 месяца назад
@@liberalbias4462 Why it is the landlords fault, that building new houses is expensive? Please explain. The land price of an empty field is very cheap.
@Wolfdude123
@Wolfdude123 2 месяца назад
@@HT-vd4inbecause when landlords buy houses this decreases the supply of houses, when there are less houses the prices go up because they are more rare just like diamonds vs pebbles, it is easy to find pebbles but diamonds are not easy to come by, so are more expensive
@HT-vd4in
@HT-vd4in 2 месяца назад
@@Wolfdude123 We should talk about building more houses, when we talk about supply!
@shaxei7116
@shaxei7116 7 месяцев назад
So the problem isn't landlords, who buy family houses and force families to take on their "investment risk" of interest rates rising by increasing their rents while they buy lamborghinis. It's young landlords who don't call themselves landlords and encourage others to become landlords so even fewer hard working families can own houses rather than pay these 28 year old landlords to take trips to go jet-skiing the UAE. Can we just ban owning properties you don't live in, and while we're at it ban tiktok?
@Mr.Edd3905
@Mr.Edd3905 Год назад
AirBnB needs to be regulated
@BrokenSoldier1515
@BrokenSoldier1515 Год назад
Airbnb needs to be stopped 😡😡
@marklasy6209
@marklasy6209 Год назад
That’s what jealous people say
@cubey
@cubey 24 дня назад
​@@marklasy6209 keep on 👢 👅
@OLDCHEMIST1
@OLDCHEMIST1 7 месяцев назад
We rent and I accept and understand that the landlord is not a charity and is entitled to profit from it, but our property is in a poor state of repair and looks like something from the 1970s. Our rent was originally on the low side and so we didn't trouble them. The property was sold and the present landlord has put the rent up substantially so that the the rent is now close to the high end. I wonder how such people can sleep at night knowing that the people they are dealing with have to make serious cutbacks in their everyday lives, making it much more unlikely they will be able to afford any "luxury". Even having a very modest holiday becomes a real struggle. The managing agents are totally unsympathetic as they just say we can move if we don't like it!
@drwalka10
@drwalka10 3 месяца назад
Who is forcing you to stay
@OLDCHEMIST1
@OLDCHEMIST1 3 месяца назад
@@drwalka10 Lack of money, my partner's friends and family being here. ,her being ill. Enough for you?
@snark567
@snark567 9 дней назад
@@drwalka10 Who is forcing you to post replies?
@jacqueline5625
@jacqueline5625 3 месяца назад
We don't need more landlords and we don't need a profit motivated housing structure. We need more housing cooperatives and we need to remove the profit motive from housing. Full stop.
@HonestGuyWhoSpeaksUp
@HonestGuyWhoSpeaksUp 11 месяцев назад
Landlord = people who make other people pay for their mortgage. If you rely solely on your rented property to pay your mortgage it means you don't have another job. If renting is your only source of income there is something wrong with you in the long run. This exploitative financial model is unsustainable and puts your bad financial habits on the shoulders of your tenants.
@randyvalantino6850
@randyvalantino6850 Год назад
Council houses have rent caps they are also long term rentals . The uk government sold all the council houses and have not replaced them . Now they are trying to turm provate rentals into council houses . Private landlords are temporary rentals not long term .
@Standard_Jay
@Standard_Jay Год назад
They are nothing but speculators , no different than anybody putting money into equities. Difference is landlords don't understand risk and expect the market and conditions to always be in their favour. Reality check incoming.
@vmoses1979
@vmoses1979 Год назад
Actually the difference is that they can get a mortgage for at least half the value of the property. This is way better than those speculating in stockmarkets.
@Standard_Jay
@Standard_Jay Год назад
​@@vmoses1979They are not very clever "investors" given equities are liquid and gains have far outstripped property over the years. Anyway these chancers are gonna get wiped out pretty soon so happy days.
@vmoses1979
@vmoses1979 Год назад
@@Standard_Jay You are not factoring in debt financing by saying gains in equities outstrip property. Since the 80s - anyone with property has done really really well particularly considering cash on cash returns. Imagine you bought a decent property in Central London in 1993 with 20% down- you're looking at much better returns then the same cash amount put into the FTSE 100. There will always be demand for homes so the wipeout will be limited to those who entered last and those with the least equity.
@Standard_Jay
@Standard_Jay Год назад
@@vmoses1979 Wrong. Recent report citing data from the BOE and Morningstar showed that £1 invested in 1983 would have yielded £3.63 in property but £10.02 in the UK stock market.
@vmoses1979
@vmoses1979 Год назад
@@Standard_Jay Good one. If you're gonna go that route - cite the end date for calculating the returns. Then provide a link to your claim. Also understand that anyone can pick and choose a particular period to make a certain asset class attractive or unattractive. As an illustration - the FTSE 100 was at 6500 in 2000 and 23 years later it's at 7500 - sorry but property owners have done much better in the time period. Finally - how is property defined? Are you talking about central London or rural Abeerdenshire? The metrics are completely undefined. I don't think you understand the point about leverage juicing returns in real estate.
@kateskeys
@kateskeys 8 месяцев назад
HI FROM NYC - I HATE MY SCUMBAG LANDLORD
@sandralobato7725
@sandralobato7725 11 месяцев назад
Can we make an app of sorts, to rate landlords? I don't see those 80% 'Good Landlords'. I have only come across landlords who ignore your concerns of mould and let you pay the repairs yourself, that should be their concern?? I don't think hyping up the 'landlord' business as a ways to earn 'easy money' has done this country any good at all! It has brought out landlords that think there is no work to be done. All the while, we are running out of money, we just recently got an email for a rent increase. Asking for the reason gave us a reply: Because of the economic situation. Yes. WE are also part of that same economic situation. And don't even get me started on 'Brexits' contribution to all this...
@XTSu-sl1bb
@XTSu-sl1bb Год назад
The main problem is the government stopped building homes. It’s getting blamed on landlords but it’s the lack of property getting built
@chaselee86
@chaselee86 Год назад
The population is not rising much. And I've seen a lot of new built around the cities. So why would there be a lack of new property? The problem is not the lack of new property, but lack of property for rental. It is because landlord find it more profitable to sell the house, or do AirBnb / short-term rental as the video has suggested. It is market driven. Regulations and taxes are only going to get it worse.
@lolyeahright4159
@lolyeahright4159 Год назад
More like all the illegal immigrants they put in the houses
@davidz3879
@davidz3879 Год назад
@@chaselee86 The population is increasing by hundreds of thousands per year.
@annaisiomaful
@annaisiomaful Год назад
Social housing to be more specific but yet you’re right
@neanda
@neanda Год назад
do you know how many houses are empty, especially in London, and landlords don't care about the rent because the house prices are going up more than the rent they could get, and without the hassle (owning a house is seen as an asset on investors portfolios rather than a human right, and that's wrong). it's only sharks who buy houses they won't live in, it then increases the house prices by restricting the availability of housing. it's blamed on landlords because people shouldn't ponce off people who just want somewhere to live, it's awful to make money from people who just want to live somewhere, and i don't care how you try to defend it, this is simple, and that is wrong
@LyricalLacerations
@LyricalLacerations Год назад
The narrative, renting is the only option. Well not really. When thatcher sold all the housing stock and failed to build or buy more. Rents started to go up because public housing artificially kept the rents low by giving them a different option to private hosing. The problem now is that the UK needs housing, and everyone has realised that in a cost-of-living crisis. Landlords are not viable. Landlords need to go.
@brp361
@brp361 Год назад
Oh no! Won't someone think of the poor landlords!
@syproductions456
@syproductions456 11 месяцев назад
Landlords don't provide housing. Renters provide for their own housing by paying for it! Landlords simply take a profit on top of the cost of the property itself.
@taipizzalord4463
@taipizzalord4463 Год назад
Its not just landlords, though they are the most notable example, but rentierism in general. Under this iteration of capitalism especially (since neoliberalism in the 80s) the only way to make money is to capture and own something that is essential and charge someone else to use it. That's why you are forced to subscribe to every little thing these days. When before you could by it once and own forever. Even the few things that you buy outright like electronics and automobiles are increasingly have planned obsolescence built into them so they stop working after a certain amount of time.
@stephenwalker2924
@stephenwalker2924 Год назад
If someone invented a lightbulb which lasted a lifetime, even if it cost £100, sales of lightbulbs would grind to a halt in three months. If every little thing we bought, from cars to thumbtacks, lasted a lifetime...capitalism would likely grind to a halt too. You know all this. So why am I telling you this? Don't know. Just in a typing mood tonite...
@joshuah345
@joshuah345 11 месяцев назад
@@stephenwalker2924 i mean Cars lasting a lifetime is very difficult with the amount of accidents and the amount of moving parts The amount is reduced for an EV, but now you have to worry about a battery that will drop in capacity over time
@murk1470
@murk1470 Год назад
new word for landlords: property barons
@CarlosValenzuela-sx9xb
@CarlosValenzuela-sx9xb 10 месяцев назад
😂
@splottcardiff3993
@splottcardiff3993 Год назад
In Wales landlords must be registered with rent smart wales, EPC D or below (soon to be C), EICR Certified, Gas Safety Certificate, standard occupational contracts, no s.21’s, legal fit for human habitation tests, rent can legally be withheld, if repairs are not completed to a set standard, financial fines imposed by LA enforcement, delayed legal response, reduced CGT allowance, s.24 taxation, increased council tax on 2nd homes (during void periods), immediate council tax premium to be paid during sale period, increased mortgage base rates (SVR), rental caps (in Scotland - potentially adopted nationally?) and a range of other complex legislation. My personal opinion is there are far more simple and lucrative returns to be had, as opposed to taking unnecessary risk of potential property destruction and withholding of rental during timeframe obtaining a possession order. This resulting in landlord leaving the market, less SA tax returns, and more need for government housing. Trying not to be negative but simply realistic.
@mikeincalifornia
@mikeincalifornia Год назад
Not a single solitary one of those things in California. No direct government involvement in rent at all, altho tenants do have a lot of rights once they're in. You don't have to register as a landlord at all or inform them that you're renting. You must report the rental income on your annual taxes, federal and state, but nothing involving the county. No inspections or anything like that. If you sell your house there are no sales taxes at all. Capital gains tax if you sell it for more than $250K than you paid for it, but only on the part above that. If I sold my house today I'd get to keep every penny of the sale price. No fees or taxes at all.
@revorocks123
@revorocks123 Год назад
Its funny that despite all those things you listed, people still wonder why rents are going up.
@edithnackers7127
@edithnackers7127 9 месяцев назад
And councils are now charging excess taxes on empty/holiday homes in Wales! I welcome a crash in house prices so more people can afford to buy their own homes in the places they want to live/work in. Secure and affordable housing is a basic human right.
@MrJhchrist
@MrJhchrist Год назад
"We absolutely need landlords, we need even more landlords, because not everybody can afford to own their own home". Rubbish. If you can afford rent you are literally paying all the costs of ownership PLUS profits. Renting does provide some flexibility and low commitment benefits for some people, but it's not like renting is cheaper than owning or landlords couldn't exist.
@grantbeerling4396
@grantbeerling4396 Год назад
Many claim that rent control doesn't work, and they are right - it doesn't work for landlords (as noted by the experts in this video, including the neoliberal pro-landlord; Kemp). However, for the rest of us, it does. For example, from 1914 to 1989, the proportion of landlords dropped from 90% to less than 9%. In the 1960s, one average income could buy an average semi for 2.5 times the annual income of the applicant, with a maximum 25-year mortgage and a 10% deposit, provided you were a saver with the governement subsidised mutual building society. To prevent house inflation, mortgages (which involve money creation out of debt) were controlled by the government through a stop/go policy, rather than being left to a free-market, stock-market-based and lightly regulated banking system.
@dalskiBo
@dalskiBo 11 месяцев назад
Absolutely, pretty much all economists agree that "rent seeking" behaviour brings no value to the economy whatsoever, but is a form of value extraction parasitically feeding off the productive members of society. Further negating the distribution of wealth & money, long-term negatively effecting the economy as the appropriate people generating the money are not being rewarded with it's profits adequately, ultimately end up with them leaving that country to those whom will reward them more fairly...
@dalskiBo
@dalskiBo 11 месяцев назад
@@boxingtruth2167 90% of the economists are wrong then I guess, Marianne Mazucato, John Keynes... Also the vast majority of homeowners would contract them instead of the landlords as the vast majority cannot do DIY.
@dalskiBo
@dalskiBo 11 месяцев назад
​@@boxingtruth2167 I quoted the economists but clearly someone is unaware of them lol, google their books which make several references to other economists with this view (90% of them) which is quickly a compounded by other references which is further compounded further. This is such a well known fact in economics it doesn't really bear arguing for. There is no legislation whatsoever regarding the legislation of trades in conjunction with landlords. I'm not even sure what you are saying here as it is such an ambiguous statement. Any landlord can choose to work on their own property if desired with the restrictions imposed by Building Regulations which apply to landlords & homeowners alike. The only additions to a landlord are the EPC certificates required by "LEC regulations" that's it!
@robe1811
@robe1811 11 месяцев назад
@@boxingtruth2167hey aren’t the employer though are they? The landlord is not creating jobs, those people are doing odd jobs and will continue to do odd jobs whether the landlord exists or not. There is also an argument for how much tax these people would declare for jobs done for the landlord so society is not necessarily benefiting in that sense either. In fact there was a landlord on another channel that proved the point about economic activity- he said that he had closed his company down and made his employees unemployed so he could use the money to invest to BTL property and live passively off the money. That’s exactly the moral hazard that too much encouragement of landlordism causes- legitimate and valuable service to the community lost in return for economic inactivity.
@annamariyad
@annamariyad Год назад
Housing providers??? How out of touch are they 😮
@Robert-cu9bm
@Robert-cu9bm Год назад
Do they not provide houses?
@rachelm1816
@rachelm1816 Год назад
​@@Robert-cu9bm Nope
@Sasha32659
@Sasha32659 11 месяцев назад
​@@Robert-cu9bm The houses were already there
@Robert-cu9bm
@Robert-cu9bm 11 месяцев назад
@@Sasha32659 They're still provide the house for you to live in. They could choose to keep it empty.
@willkydd
@willkydd 11 месяцев назад
Next up: buy sun, declare self sunshine provider.
@tgoddard1988
@tgoddard1988 11 месяцев назад
I have a decent landlord, but I’m turning 35 this year and I haven’t been able to save up enough enough to get my own mortgage because year on year the house prices have gone up.. So what’s my option?? I don’t want to spend the rest of my life paying someone else to live in their home! I don’t have the option to move back home or back to my other half home! Now they bring out a zero deposit mortgage, but I’m too old to qualify! I am honestly so depressed to think that I may have to spend the rest of my life in a rented property knowing at any minute my landlord could decide to sell up! My other half and I are in a small 1 bed flat in a not so great area, but we’re paying £800 a month and our landlord hasn’t yet put the rent up, but we’re feeling more and more like it’s inevitable… if we go for a better place I can guarantee it is going to be way more expensive meaning I won’t be able to save as much… So what are my options?? What do I do!? What do the people in my situation do! I’ve never had the “bank of mum and dad”! Neither has my other half! But we’ve both worked all our adult lives except 1 stint during the last financial crisis… I don’t know anyone who has bought their homes off their own backs, it’s always inheritance, mum and dads savings, used my student loan, gifted a house by my fiancés grandad etc. But I don’t have any of those things! I know there are people who have no right to say this, but I’m not one of them; I’ve had to work 10 times harder for everything than most people my age! And what’s my reward? What do I get to look back at and feel proud of when I’m in my 50’s and being evicted from my home because my landlord died and their kids want to sell the house so they can divide the money!? I was an estate agent and saw that actually happen because the kids couldn’t afford the inheritance tax so sold up and got what was left, leaving a poor 50+ year old man who had lived in the house that was his home for more than 20 years, struggling to find a new home! We managed to find him a nice small flat with a garden, but it turned out his up stairs neighbours were terrible people who lived off benefits but still had the money to party 5 nights a week! I can’t even move into a cheaper council flat because I’m gay, my partner and I signed up for a council flat 4 years ago, so we could save money on rent, but still nothing because we can’t have kids and will always get moved further down the list by a young, stupid couple who didn’t use any kind of protection one drunken night! My other half has 2 sisters who are in beautiful houses which they pay pennies for all because they got impregnated by some guy they don’t even see anymore! But there’s no option for us! Just pay extortionate rents for the rest of our lives!
@richmorris2870
@richmorris2870 11 месяцев назад
You're not alone
@mannymedia6311
@mannymedia6311 10 месяцев назад
You can learn to trade forex/stocks/crypto When you have learnt the skill £100 will get you a challenge to get funded £12500 to trade with. Pass the test, keep trading and invest. If all goes well you can quit your job, if you want👍🏽 Theres other ways I know in property, lease options, deal packaging, joint venture on rent 2 rent. Theres side hustles out there that could be worth trying if you look around. Theres options, theres hope 🙏🏽🙏🏽 God will guide you
@symbioticape
@symbioticape 18 дней назад
​@@mannymedia6311 mugs games. Don't take this advice, you'll lose all your savings, your gay meaning you've access to a massive niche market, see its needs and fill them. Fk rules,laws regs, and other made. Up bs, just man up and do whatever it takes to better your life. Build value for others, money is the byproduct of creating value. Rules do not exist, everything is permitted. Never tell the truth to those not worthy of it. All anyone seeks is validation so feed their ego with free pleasantries while taking their money. Kindness is weakness. Apply the Generative law. To build a castle... place your first stone today right now and set it in motion.
@snark567
@snark567 9 дней назад
Stop playing by the rules.
@francoishoudecote1283
@francoishoudecote1283 7 дней назад
​@@snark567are you suggesting bank heist ?
@auto117666
@auto117666 Год назад
4:15 - The Pareto Priciple or 80/20 rule is just bunk thinking based on Pareto's musings that 80% of the Italian land circa 1900 were owned by 20% of the population. He then noted that 20% of his plants were bearing 80% of the fruit. How does that explain anything? Dunno, but some nitwit management consultant decided to apply that same dumb logic to something else and it happened to align in his work. It somehow became popularized and now people use it to justify anything to absolve themselves or others of any type of blame or accountability. ... also landlords are needless parasites. If a person can afford to rent a house, then they can afford the mortgage payment and taxes on it without paying extra for some schlub to act as a middleman.
@paulgibbons2320
@paulgibbons2320 Год назад
Serfs are paying over £800 a month for mouldy crxpy bedsits. £1000 - £1200 pcm if you want 2 rooms. Then claiming it's not worth it they will sell up. Sounds like BS to me. The maths don't add up in our Ecconomy. Rent trap is a soul killer.
@NeilEvans-xq8ik
@NeilEvans-xq8ik Год назад
Set the people free!
@royalbiscuits8442
@royalbiscuits8442 5 месяцев назад
It depends on how much income tax and other costs they getting charged. Lets take for example £1200. Knock off 5% for letting fees. £60 PCM. We are down to £1,140. If its a flat, management fees. Say £1,000 a year? Another £83 a month. Down to £1057. Then say they are earning enough to put the full amount into a 40% tax. That knocks off £422.80. £634.20 PCM received. If the property is mortgaged its not unreasonable to expect to see that figure just disappear.... This isn't taking into account landlord insurance, repairs and renewals. etc. A poor tenant that does mass amounts of damage could easily put a landlord under. Its not as rosy as you may think.
@paulgibbons2320
@paulgibbons2320 4 месяца назад
@@royalbiscuits8442 Evidence says otherwise. Because it's well known landlords make an absolute killing. Ofcourse people are going to up sell to landlords and mark up for landlords. No way they should be passing this on. No trade is without risk. Our Job market pushes a lowest common denominator in that we have a minimum or subsistence wage. They absolutely need rents to be anchored to the minimum wage. There needs to be rent restrictions. Rents need to remain in touching distance of that figure. It's so popular because it's the last money for nothing scam in the UK. In most cases if you set the property up right at start then you can avoid further issues. I totally disagree will buy to let. Because of the need to push on price increases. Landlords always hike more than they need too. There is literally no restraining mechanisms which stop that. If these landlords did not exist more family's could buy homes. I totally disagree we need them or need more.
@paulgibbons2320
@paulgibbons2320 4 месяца назад
@@royalbiscuits8442 As for bad tennants. If people feel exploited they are not gonna respect the place. There's a pretty strong link to how people feel about renting.
@paulgibbons2320
@paulgibbons2320 3 месяца назад
@@royalbiscuits8442 give over. They do boiler checks once a year then they are good for holidays. You know it. I know it. Buy to let was a terrible idea.
@dlc2479
@dlc2479 Год назад
Tom is even worse than a typical landlord hes turning family homes into HMOs...
@ssuwandi3240
@ssuwandi3240 Год назад
HMO is no longer profitable for landlords. But the new rules in rolling tenancies and rent arrears could work out with a qualified tenant.
@dlc2479
@dlc2479 Год назад
@@ssuwandi3240 how so? I think HMO yields are better than vanilla BTL?
@chaselee86
@chaselee86 Год назад
He's turning them into vacation homes, serviced apartment or Airbnb.
@steelcitydomains2356
@steelcitydomains2356 Год назад
He's actually or anyone with HMOs are offering an affordable way to live comfortably and allow renters to save one room in a co-living place 400 500 maybe tops...1 bed flat ..1000 Inc bills etc...literally nothing left ....do the math or educate yourself please
@steelcitydomains2356
@steelcitydomains2356 Год назад
​@@ssuwandi3240plenty profitable just most buying have no clue where or what to get sadly
@grow-evolve
@grow-evolve 11 месяцев назад
I am an unintentional landlord and ended up renting after my Nan sold her house. Most tenants have been really good and I try to keep to all the regulations and do all the repairs. Selling up now though as it’s not worth it anymore. My monthly profit is around £400 per month (on two properties), and it’s often a part time job with repairs to do which I don’t have enough income to delegate it myself. If you struggle financially as a landlord, zero entitlement to any benefits for food etc. It’s not worth it anymore so selling up. I will be interested to see what happens when most landlords have sold which is what they are doing now. The end result is the landlords remaining can become very choosy, and anyone who cannot buy has to continue to rent in a market where there would be hardly any rental properties left. The government should force mortgage lenders to stick to a 3% interest rate like in the US and then also force people to be able to buy property with a good credit rating without any deposit or with a much smaller deposit. They should basically make it easier for everyone to buy and own a home.
@doisenwadzinski6171
@doisenwadzinski6171 Месяц назад
Landlords are a leech on society. They destroy good first home's and turn them into 8 bedroom shoeboxes and destroy property values. My entire hometown is this. There are entire subdivisions in my town that are rentals or air BNB's. People are struggling to find affordable housing and what affordable housing they did make, it got taken up immediately because the demand is higher than the supply. When a single person owns multiple properties whilst there are those in society that don't have a roof over their head, then there is a systematic societal change that needs to happen. Most of these places are charging well over a grand a month for shitholes.
@RockinJohnny
@RockinJohnny 7 месяцев назад
Yes the sooner the better, introduce a fair rent system
@mikecohen2400
@mikecohen2400 11 месяцев назад
The problem in the UK is not landlords, it’s how home purchase loans are structured, 10% down and adjustable rate mortgages, insure instability in the housing market, contrast the U.S. where a home buyer can get a home loan with 3.5% down payment, with closing cost of about 3 to 3.5 % which the seller can pay, and a fixed rate for 30 years, which they can refinance any time the interest rate falls below their starting rate. Military veterans can buy with no money down and out of pocket cost of about $500.00 everything else can be paid by the seller. The UK system is broken because of the way you finance homes, add to that a planning system that makes it hard to build new homes.
@HDIrwin
@HDIrwin Год назад
I used to be a mortgage consultant and I remember the astonishing greed of some landlords, BTL's were literally like crack to them. They do not give a f&*k about the consequences of their actions upon wider society. These new 'influencers' make me want to spew, but unless Government starts building housing and establishes a regulatory framework which restricts these investment parasites then the problem will remain. And I have no confidence in either the Tories or Labour to do anything substantial about it.
@mark196233
@mark196233 11 месяцев назад
I've met lots of mortgage consultants they don't care about the client and are the scum of the earth even when they don't do that job anymore. Sweeping statements mean nothing. Not all landlords are bad.
@Weareeverything2023
@Weareeverything2023 11 месяцев назад
Still made the commission on those mortgages, yet you do not realise you are just as bad.
@iamrocketray
@iamrocketray 11 месяцев назад
@@mark196233 Just Most!
@tomjones8715
@tomjones8715 11 месяцев назад
Coming from a mortgage adviser 😂 that’s like Hitler having a go at Stalin!
@billyliar1614
@billyliar1614 5 месяцев назад
Absolutely spot on ! I go even further than that, I think there should be strict regulations in place to prevent anyone from owning more than one property. They can invest their money elsewhere but they should not be profiting on the back of human misery. It is morally on the same continuum as cannibalism.
@SmithMiller5
@SmithMiller5 10 месяцев назад
Amazing It's truly a dream come true to be able to meet all of my needs without assistance from the government, and the returns on my $10,000 investment have been spectacular. Glorify Allah
@Devcabott
@Devcabott 10 месяцев назад
Really impressive, but how? I would love it if you could explain how to do it since I know it's doable because one of my coworkers always makes between $20k - $40k every week.
@SmithMiller5
@SmithMiller5 10 месяцев назад
@@Devcabott Following the performance of my portfolio, Andrew has made me a staggering $270k in just the last two quarters. I now see why these seasoned traders generate big profits from the seemingly unrelated market.
@Bridie_Aine
@Bridie_Aine 10 месяцев назад
@@SmithMiller5 His stellar track record already speaks for him. I placed an over $100,000 investment with him last month, and I've already made over $210,000.
@AlecHadden
@AlecHadden 10 месяцев назад
@@Bridie_Aine How can I connect with him?
@Bridie_Aine
@Bridie_Aine 10 месяцев назад
@@AlecHadden New trading opportunities and tactics are being introduced to the market every day. Our constant goal is financial empowerment, and Andrew Glenn Adams has demonstrated that he can contribute to this aim; his approach is the best. You may find him online and connect with him.
@macsmiffy2197
@macsmiffy2197 11 месяцев назад
I live next to a rented out house. The tenants, for the most part, are absolutely fine, but the landlord is typically absent! I’ve lived here for 17 years and not once have they contributed to the shared costs of maintaining terraced properties, eg, clearing/cleaning gutters, shared driveway, water courses. They constantly move agents, who have successively been over 200 miles away. Sometimes, even the tenants don’t know who’s running it! I have never seen the owner!
@pbeeby
@pbeeby Год назад
Landlords make money by taking advantage of people that can’t afford to buy a house. That’s not good or bad that’s the business model but don’t try and dress it up into some noble activity and pretend you are trying to help people. Using capital to buy houses and rent them out doesn’t produce a dynamic economy. Also, the dream of everyone becoming a landlord is a joke as landlords need a pool of people that are forced to rent otherwise they would buy their own place
@stephenwalker2924
@stephenwalker2924 Год назад
influencers and snakeoil sellers have to pretend to be noble. it's in the sales pitch: class one, lesson one.
@NeilEvans-xq8ik
@NeilEvans-xq8ik Год назад
I agree with most of what you said here, but not the part about the business model being neither good nor bad. It is bad because none of those landlords would trade places with their tenants. If any action is such that the person doing it would not like that done to them, then that action is bad. Separating businesses models from our ethical deliberations immunizes them from criticism and therefore prevents progress. And we need progress, especially in this domain. We need to move from an economy based on exploitation to one based on creativity, and the freedom of everyone to make use of theirs.
@pbeeby
@pbeeby Год назад
@@NeilEvans-xq8ik 100 percent agree. It’s a terrible business model but I think what I was trying to say is that the problems are systemic and it’s not about good people or bad people. The system is set up to encourage one group of people to exploit another group for the sake of profit
@pbeeby
@pbeeby Год назад
@@NeilEvans-xq8ik I think you’re channelling the American philosopher John Rawls with the point about trading places. Someone to live should be a necessity and a right. Freedom from homelessness.
@prettykitty5416
@prettykitty5416 Месяц назад
And? Everyone makes money off of taking “advantage” of someone. Big corporations make money off of workers by paying them peanuts and making them dedicate 8 hours a day to their company, grocery stores take advantage of people who can’t afford food by raising prices, colleges take advantage of people who can’t afford it by giving out loans and putting you years of student debt, gas stations take advantage of people by charging $5 a gallon in certain states. Everyone is looking to rip someone off. Welcome to planet Earth. What else is new?
@Sep-jk3vi
@Sep-jk3vi 24 дня назад
Landlords ARE THE PROBLEM! They do not provide housing, house builders do. They raise the house prices by hoarding properties and they raise their rents because they can. I never rented, I purchased some properties while I still can aford them just so that I or my kids never have to deal with landlords for the rest of my and their lifes.
@Anita.Cox.
@Anita.Cox. 8 месяцев назад
Adam Smith, Henry George and chairman Mao what do they have in common, they all knew that landlords have less value then actual horseshit.
@jesusislord8895
@jesusislord8895 10 месяцев назад
Most landlords don’t even do jobs on the homes and the tenants suffer, there is loads of bad landlord, if a landlord is keeping the property up to standard then they are a good landlord, it’s literally that simple
@AP-di8sy
@AP-di8sy 7 месяцев назад
I was growing up in a country with no landlords at all and somehow everything was fine. Nobody needs landlords. People need affordable housing. I am exhausted of living in a city where everybody is so poor because all their salaries go towards rent. Nobody is creative anymore. People give up respectable professions and become stupid influencers in order to buy themselves a house. I can see so many homeless on the streets of London, people with mental condition, giving up on work completely because there is no hope anymore. I personally gave up full time employment and went on housing benefit because my soul was crushed by having to work hard for years just to pay rent and no matter how much I worked I couldn't catch up with the house prices. We keep loosing such professionals as teachers, nurses even doctors because the only profession which will give you some kind of quality life is being a landlord, banker, scammer or politician. If I have to work just to pay rent I would rather stay on benefits and build something on the side.
@snark567
@snark567 9 дней назад
People who say "just get a better job, no one owes you anything" are gonna be in for a surprise when all the nurses, doctors, teachers, etc. Quit so they can chase the scammer dream.
@andykostynowicz
@andykostynowicz Год назад
What i find so difficult to understand is why if you can afford to rent you are not considered financially suitable to have a mortgage. I think the way out would be 4 fold. First build more good quality houses of all sizes and prices. Secondly governments should provide/back a mortgage for everyone. Homes must be live in. Finally all those with more than 1 home including landlords unless that home is registered company should be heavily penalised. Homes are for living in not as a safe store of wealth.
@lloydwatts4327
@lloydwatts4327 11 месяцев назад
Homes in a business is a loop hole everyone uses. That needs to be banned or also taxed to the hill
@Pokestops
@Pokestops 11 месяцев назад
Why are you poor useless people complaining. Make some money and buy a house instead of wasting time on RU-vid.
@tommann9490
@tommann9490 7 месяцев назад
Everyone should be able to buy a property. Landlords and sky high rents prevent that.
@HT-vd4in
@HT-vd4in 3 месяца назад
What hinders people on going out to an empty plot of land and building new homes? There are plenty of reasons why this is extremely expensive. And these costs are themselves reflected in the high rents. If building would be cheaper, market forces would push down prices. We need to look at the high costs of building new houses.
@snark567
@snark567 9 дней назад
@@HT-vd4in How about we look into building more homes and also restricting landlords? Best of both worlds.
@HT-vd4in
@HT-vd4in 9 дней назад
@@snark567 And who should build all the homes?
@snark567
@snark567 8 дней назад
@@HT-vd4in The people who are already building them?
@HT-vd4in
@HT-vd4in 8 дней назад
@@snark567 And they should work for free?
@Shyndree
@Shyndree 11 месяцев назад
Okay, can literally ANYONE explain how landlords 'exiting the market' will result in less houses to live in? No one ever explains how that's supposed to work, and at this stage I think it's just some empty threat to make it sound like these people are needed. If a landlord sells their property, someone else still presumably buys it, and either lives there or lets it out, it's not like that house just disappears to thin air. Perhaps I'm naïve, but I would assume that these small scale landlords are complaining that bigger landlords are buying up those houses, or are they just so salty they can't stand former renters getting their own homes and exiting the rental market where they used to pay off other people's mortgages? How is this such a bad thing? Or am I just not seeing something so obvious?
@jamesodell3064
@jamesodell3064 Год назад
Look like the rental market is about the same in the UK as it is here in the US.
@TH3YGXNE
@TH3YGXNE 10 месяцев назад
At least In the US I could be a ups driver and earn $25/hr.
@idonthavealoginname
@idonthavealoginname 11 месяцев назад
Landlords and estate agents are just ripping people off full stop.The greed in the UK is like a disease .
@stevenweiss2148
@stevenweiss2148 Год назад
The man says it all. 'If you are not making a profit..whats the point?' The point is where private business ends..and government housing begins.
@rosab2655
@rosab2655 11 месяцев назад
So basically more social housing is needed. More houses built, managed by councils, means more affordable rents, a home for everyone, and no more exploitation of tenants by private landlords.
@NeilEvans-xq8ik
@NeilEvans-xq8ik Год назад
History shows that humans seem to be overcoming exploitation, however slowly, at least since the Enlightenment. Slavery, a reality for so long, was finally deposed in recent centuries, for example. I hope to see employers and landlords be replaced by partners in business and universal basic services for all so that nobody is left economically vulnerable to exploitation by people who don't want to work for a living and would rather exploit their less fortunate brothers and sisters. We need an economy based on creativity, not exploitation. If you are a landlord you should feel ashamed of yourself because you are essentially a slaver.
@sutty85
@sutty85 10 месяцев назад
The issue I have with landlords is the increase in rent every year even whne they have done zero to the property or because they want to get the max from that area. Its greedy.
@prettykitty5416
@prettykitty5416 Месяц назад
No every year things get more expensive so they have to raise rent to maintain a living and profit. Property taxes and fees go up every year…are they just supposed to pay out of pocket and not pay a profit and allow you to live in their homes at a discounted price? My taxes and insurance went from 740 to 950….so I raised the rent $210 extra. We are running businesses not charities 🙄
@nikkion2140
@nikkion2140 11 месяцев назад
If being landlords are a good business, from which government keeps attacking them, why does not government expand their rental business of social housing? It is a deflection of government's failure to meet supply- and we as tenants fall for it!
@marcielynn4886
@marcielynn4886 8 месяцев назад
All landlords are not rich. Some just need help to make ends meet.
@richardh8082
@richardh8082 Год назад
Maybe have some kind of state owned properties which are properly maintained and have regulated rent? Oh yeah we used to have that til Conservatives ran it into the ground and flogged it all off! So the answer is for government to build decent eco homes for the rent. The private sector has shown it cannot be trusted
@steelcitydomains2356
@steelcitydomains2356 Год назад
Nonsense and as soon as you said eco then that added to it 😂 clueless
@uksquall
@uksquall Год назад
This is the problem with this hustle grind culture, people at the bottom come to lose.
@zrymill
@zrymill Год назад
The main problem all over the Western world is the same. Governments have not built enough homes. If there were more supply than demand then prices would go down and there would be little profit for landlords because most people would have either bought their own home or could be renting off the Government/Council. Its all governments fault. When will the British people vote into power intelligent people who will represent them???
@blonde-ye3di
@blonde-ye3di 9 месяцев назад
Why shud we pay landlord renter house mortgage if he want 2 houses then pay mortgage on 2 houses dont rent out to csuse suffering and financial pressures on unsuspecting renters landlords live in high profile homes evety luxury items wen his wife want new car kitchen etc who pays the tenants cos he hikes up rent 2/3 times rent amount being paid
@bsetdays6784
@bsetdays6784 11 месяцев назад
Great video! For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.
@evitasmith6218
@evitasmith6218 11 месяцев назад
A lot of folks have been going on about a January rally and said stocks that would be experiencing significant growth these festive season, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?
@anniezeng4587
@anniezeng4587 11 месяцев назад
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@africanboi4542
@africanboi4542 11 месяцев назад
@@anniezeng4587 True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?
@anniezeng4587
@anniezeng4587 11 месяцев назад
@@africanboi4542 ​It's best you do your due diligence, I have my portfolio overseen by “Eleanor Annette Eckhaus” and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting.
@RokeJulianLockhart.s13ouq
@RokeJulianLockhart.s13ouq 11 месяцев назад
Spammers.
@livelife5947
@livelife5947 10 месяцев назад
Private landlords need to be banned. They’ve completely destroyed the housing market, pushed prices up & iced first time homeowners out of the market. The fact that this has been allowed to go on for so long is disgraceful.
@ForgottenKnight1
@ForgottenKnight1 9 месяцев назад
Sure thing, but first, the state should buy their properties at the current market rate (not some flimsy "aproximation" done by an "evaluator") and then the state can decide to redistribute however it likes and to whomever it likes.
@andrewh2u
@andrewh2u 4 месяца назад
My first house was purchased in early 90's when interest rate was 13 percent.... it took about 70 percent of my primary paycheck and I had to work a secondary job at weekends to survive and both were low pay! However, given the lack of affordable private Rental property and the huge waiting lists for government Rental property the only option was to dive into ownership. Gutted all my bank accounts and savings and sold all my assets for a downpayment, then slept on a secondhand mattress on the floor of one room in the property with a fire since no other rooms had heating or were liveable. No water to the washroom and one faucet that I plumbed straight from the incoming water pipe and no electricity - that hovel was all I could afford! Well, that and a busted up old motorcycle. This is not the first Rental crisis or cost of living crisis - we have been here before... and sometimes worse. If the Government had not sold off all the subsidised Rental stock or had built replacement mass Rental housing stock afterwards, then things would look much better with private landlords taking up the more niche properties which dont fit into the large scale Rental housing model to provide choice. The Rental crisis is not that we have too many private landords but that the Goverment has built no large scale standardised mass Rental housing stock to deal with the most basic housing requirements of an ever increasing (even with declining birth rate) population who have need of affordable accomodation.
@eval8862
@eval8862 Год назад
I’m confused. People are asking for affordable homes, no matter it’s for renting or buying. Isn’t that the responsibility of the government? How come they shift the focus to landlords? They are in the free market. The landlords can mark skyrocketing price and no tenants are interested in them. This is a supply and demand problem. However, the affordable rental housing should be protby the government. The landlords are not serving for the citizens.
@hdw809
@hdw809 Год назад
There should be caps on how much landlords can charge though. And a cap on how many multi occupancies are allowed, how many homes are used for air b and b, it's all part of the problem too. We have a housing crisis and nothing is being done to make it better. It's pushing up the housing prices which means those that would have bought are now having to rent.
@zrymill
@zrymill Год назад
If government banned foreigners from buying UK property that would release alot of homes onto the market. But yes its the governments fault allowing the demand to be much much higher than supply. They should all be fined ten years of their salary for being so incompetent.
@BeingEmilie
@BeingEmilie Год назад
This
@roadbiker8333
@roadbiker8333 Год назад
@@zrymill sure cut. foreign investments. but guess what happens to the economy of the little island that an no longer exploit the colonies, housing 69million people where there's not enough land to farm food nor have enough natural resources to power the energy sector and it's no longer part of EU?
@vladimirofsvalbard9477
@vladimirofsvalbard9477 Год назад
Oh please, anybody worth their salt KNOWS that government mandates in the housing market results in shortages. It's been tried in every European nation in the last 50 years, including across the United States. It always results in shortages and a massive influx of homelessness.
@rjvtechnologies
@rjvtechnologies Год назад
landlords are parasites, its tenants who pay the property bank mortgage, the property taxes, the agency fees, commissions and a profit for the landlord which often is close enough to live without working or rent for themselves other property at expenses of tenants renting their own property, these are the type of people who want others to pay high values but themselves want pay nothing, 90% of tenants pay in full the owner initial investment in purchasing the property on the first 2 years, 93% of landlords don't actually own the property but instead its the bank who owns the property, majority of landlords today expected to live forever from a 10 to 20 k GBP investment they made 10-15 years ago, majority of landlords did not made their initial investment through hard work but somehow got their cake lump some in a way that never was disclosed, climbing into the property ladder literally is climbing into another mans shoulder and these people have the audacity to act in a way they were doing tenants a favor, if what they were doing was moral, no landlord would feel embarrassed for who they are, parasites
@tremarley9648
@tremarley9648 Год назад
Then what is the alternative than landlords
@rjvtechnologies
@rjvtechnologies Год назад
@@tremarley9648 change the banking law that differentiate tenants by the negative by rejecting them access to mortgages despite having historical record has tenants paying higher rent values than the typical mortgage average value consecutively for a period of 2 or more years, its unfair having banks rejecting mortgage applications of 800GBP per calendar month when they are already paying for someone else for years, decades even 1200GBP and over, all just due to the high cost of living and inflation that increases every year and prevents hard working people of saving those initial 10% for the mortgage, often cause tenants are supporting the life style of landlords
@rjvtechnologies
@rjvtechnologies 10 месяцев назад
You a joke, its landlords and property agencies inflating rental prices not banks, banks stick to the property actual value.
@yegfreethinker
@yegfreethinker 11 месяцев назад
How about Dwelling Scalpers? How's that for a rebrand?
@raceace
@raceace 11 месяцев назад
How many of those good landlords fight tooth and nail against any legislation that offers some sort of security for tenants. Those landlords who claim personal responsibility are first make sure that their tenants are responsible for paying off their investment while failing to provide any value to the tenant commensurate with the rent increases. It's all one way. The term parasite seems pretty accurate.
@FilthyVirus
@FilthyVirus 11 месяцев назад
Landlords are SCUM and James is an excellent example. Good lord what a despicable piece of work.
@sickofit1574
@sickofit1574 Год назад
Maybe if Thatcher hadn't sold off all the public housing and then the government hadn't lowered the rate of social housing construction we wouldn't have this problem. As it stands, we will need millions of homes built if this crisis is to ever end.
@Robert-cu9bm
@Robert-cu9bm Год назад
The people who now own their own home disagree. They now don't have rent thanks to thatcher.
@sickofit1574
@sickofit1574 Год назад
@@Robert-cu9bm The amount of people that this has benefited in this way does not outweigh the amount of people that has been fucked over. Good for those people, sure, but I am thinking on a societal level. There is a Panorama doc about this. One woman that bought her family home for 15 grand is shocked to see that it is now converted into 6 bedsits being rented out at 900 quid a month to 6 tenants. Even she agreed that she would rather that the policy had not gone ahead, if she'd known it would lead to this. The point is that right to buy, combined with a destitute level lack of continued social housing construction, has left the vast majority of working class people much poorer and more liable to be victimized by the private renting sector.
@erbiumfiber
@erbiumfiber 11 месяцев назад
I like what Singapore does- they build housing and you have a right to buy a flat that is built by the government. Yes, it is more complicated than that and, of course, it's for citizens, but I feel like it's going to come to that at some point because this system feels broken.
@adamsmithintin2803
@adamsmithintin2803 11 месяцев назад
Why doesnt the government take the property ownership from the landlords and give the ownership to the tennets ? Problem solved
@Cypher791
@Cypher791 3 дня назад
Here is the loophole I experienced… “I want more rent, no? Ok, then I am going to sell, and I am evicting you now.” Within 5 working days of me being evicted the flat was being advertised for rent again… “landlord changed his mind…” easy as that, landlords and letting agents are co conspirators.
@sambines3463
@sambines3463 11 месяцев назад
It is crazy that landlords think they are not causing the problem
@gaptaxi
@gaptaxi 11 месяцев назад
If there were no Landlords where would people live? After the Witch Thatcher sold off Council Houses it just opened up a buying frenzy to make a quick killing. Maybe every Renter should get an option to buy clause in every contract? But that kind of smashes anybody´s rights to ownership as well. Giving Mortgages to poor people didn´t help either, and we had to bail out the banks because of them. A Council House has a Landlord as well. The Council.
@Phil-bc2sd
@Phil-bc2sd 10 месяцев назад
The landlords are not the problem
@leafa95
@leafa95 10 месяцев назад
The landlord's are not the problem the problem is not enough homes
@Theother1089
@Theother1089 10 месяцев назад
And too many people
@lordsummerisle852
@lordsummerisle852 10 месяцев назад
What about developers creating new homes. Are they a " problem"?
@DuaneJasper
@DuaneJasper Год назад
A key piece of information underpinning the housing crisis is the increased rate of immigration- largely young people who base themselves in the larger urban areas and need to rent/can't buy. 600,000 net immigration last year, 500,000 in '21. It's just an objective fact that this massively drives up demand; eating up the supply and driving up price, and also sadly meaning standards and repairs are able to be given less priority by some landlords. It shouldn't matter where you identify on the political sliding scale, it's a primary causal piece of information. It's very telling and unprofessional that it hasn't been mentioned here, unless the people making this video are very uninformed or naive
@thelightinallofus4649
@thelightinallofus4649 Год назад
No one ever wants to mention this.
@alistairmonro
@alistairmonro Год назад
Facts are racist
@HaggisMuncher-69-420
@HaggisMuncher-69-420 Год назад
100% this. However, one person owning 20 houses as HMOs also isn't helping.
@robertcalleja2348
@robertcalleja2348 3 месяца назад
Imagine living in a house with so many other people no wonder no one. Is not having kids
@lapraxi
@lapraxi 10 месяцев назад
Just keep working, find a companion and live life one day at the time, or keep watching the videos of these social media clowns and lose your mind
@smurgledarf
@smurgledarf Год назад
Maybe we can rebrand them with a hot iron
@easytoassemble54321
@easytoassemble54321 Год назад
"I renovate everything to a high standard, so my tenants are happy". Yeah, son. That's precisely the reason you decided to make an investment in property. To make tenants happy. SMH. Next he'll be telling us landlords provide a service.........
@cassanateli
@cassanateli Месяц назад
Holding onto houses and renting them for more than they would cost in a mortgage is the most predatory, unethical thing ever
@cassiusle
@cassiusle 10 месяцев назад
The market is a function of supply and demand. An increase in demand will increase prices of homes and rents, but an increase in supply will lower them. The past few generations have been discouraged from learning trades, but that’s the very thing that will increase the housing supply. Regulations have increased the time to build and driven out investment. The things that lower demand are higher rates, a declining population and regulation allowing more tenants per property/lot. The “villains” are politicians and central banks. Most people who invest in property end up becoming a handyman and property manager and marketer - finding tenants, fixing, and renovating the home for the rest of their lives - I’m sure they’d rather just a pension and a reasonable retirement age.
@raquetdude
@raquetdude Год назад
More public housing or general housing would mean ppl aren’t reliant on landlords and it would lower the cost of housing.
@davidz3879
@davidz3879 Год назад
Reducing the demand by not having 69m people in the UK would be better.
@damienmorrison7226
@damienmorrison7226 Год назад
@@davidz3879 get lost
@davidz3879
@davidz3879 Год назад
@@chrysalis4126 They receive little taxation from unskilled & low-skilled people, who in most cases are a net cost to the government. A Pakistani labourer whose parents are cousins, who lives in a large council house & has several kids by his own cousin, will pay very little tax & will cost the UK a fortune in benefits & healthcare for his kids, who will have a lot of long-term health problems.
@stephenwalker2924
@stephenwalker2924 Год назад
@@davidz3879 "I'm not racist, but..."
@davidz3879
@davidz3879 Год назад
@@stephenwalker2924 You're in favour of habitual cousin marriage? How about FGM? Let me guess: you strongly disagree with them but you're scared to say that because you might be accused of being racist if you did, so you won't say anything against either tradition. Why is Bradford the most dangerous city in Western Europe?
@Phil_A_O_Fish
@Phil_A_O_Fish Год назад
The only thing that I learned from watching this 10 minute puff piece of yours, @Channel 4 News, is that some of those landlords that were shown have now rebranded themselves as 'influencers' rather than them being exactly what they are, i.e. opportunistic, greedy, profiteering parasites. If any of them are so concerned about housing people then they should have just one property other than their own homes and be content to rent that extra property out, shouldn't they? To answer your question about whether or not I hate my landlord then the answer to that is an emphatic no, this is because I rent my home through a Housing Association and they're terrific when it comes to repairs, modernisation and the upkeep of all of the properties that they own which number in the hundreds throughout the northwest and northeast of England. I've lived in my current home for almost 7 and a half years and despite the fact that I was in arrears on my rent for the first couple of months through no fault of my own - I had to wait that length of time for my Housing Benefit to be sorted out, they were very patient and it eventually got sorted out with my Local Authority and I've never been in arrears since then. As things are now I receive full Housing Benefit which means that I pay nothing in the way of rent for my bungalow and this has been the case since early 2016; my Housing Benefit is paid directly to them and I never hear from them when there's any problem with it....they sort it out between themselves and my Local Authority which keeps me out of the loop; this even happens when my rent increases annually in early April. In fact the rent was actually reduced for the first three years that I was living here which means that I've only had reasonable increases in it since 2019 or so. Prior to moving here I was living in a privately rented house and my two landlords were more intent on getting my money out of me than they were about doing repairs. Just as an example I had to wait over three years for them to install central heating in that property and a further two years for them to install double glazing - even when I left that house they still hadn't managed to finish the job and have modern doors fitted even though I'd lived there for over 17 and a half years. Furthermore I got evicted from that house by them for no good reason and shortly after that happened I went back to visit some friends in my old neighbourhood and saw that the same property that I'd lived in for all that time was fully modernised and had a 'For Sale' sign attached to its outside wall. Why wasn't I surprised at seeing that when it came to them? Is it any wonder that I hate private landlords such as those shown in this short video of yours and also my own ex-private landlords?
@stephenwalker2924
@stephenwalker2924 Год назад
Housing benefit goes straight to Housing Associations/landlords because if it went into a lot of people's bank accounts first...many folks out there wouldn't pay their rent. It's because they don't trust you. Not because they love and adore you. But, hey, I'm glad your in a good place. Best of luck to you.
@Phil_A_O_Fish
@Phil_A_O_Fish Год назад
@@stephenwalker2924, to be honest with you I wouldn't trust me either with the Housing Benefit if it was paid to me instead of directly to them. The same is true with all Housing Benefit claimants though irrespective of who our landlords are; it's just that Housing Association landlords do more for their tenants than private landlords do for theirs. A case in point is that just over a month ago when it was still cold during the day my gas boiler packed up and I rang them early in the morning and they treated it as an emergency and sent out an engineer who fixed the problem within a couple of hours - I also had a leak in the toilet ( I'm speaking literally and not using a euphemism, Ha Ha! ), there was something wrong with the U-bend and they sent a plumber out to fix it. So within a couple of hours both of those problems were solved and fixed. If I'd have been at my previous address then there's no telling how long I'd have to wait to get both of those problems fixed despite the fact that both of my previous private landlords were fully trained heating engineers and were experienced when it came to simple plumbing jobs as well. Best of luck to you too.
@tessy28
@tessy28 11 месяцев назад
Honestly I understand why you hate them but some can be very very good. My previous landlord that died was really wonderful. He reduced my rent, knocked off my rent during covid and used to drive me to the supermarket and pick up my shopping. He completely redid my studio flat from scratch and always completed all repairs, we actually use to hang out and chat a lot and I even got him a gift for Christmas, it was like living with a friend. I was genuinely sad when he died. I found his body with my other flatmates as he has dropped dead from a heart attack. I bought my own investment property abroad (not in the uk) without a bank loan and own it outright and I honestly can only hope to be as wonderful a landlady as he was.
@Phil_A_O_Fish
@Phil_A_O_Fish 11 месяцев назад
@@tessy28, I can understand you being close to your late landlord but after being in my circumstances for over 17 and a half years you can understand why I didn't like my own, can't you? For them to come along and evict me after all that time for no good reason and then put their house on the market immediately after I'd moved out shows them up for the money-grubbers that they were....they owned a lot of other properties within the same town so they put profit above everything and everyone else. I hope that their other tenants didn't end up being evicted in the same despicable way that I was. Funnily enough they did me a huge favour because I eventually learned from that experience which was never to rent from private landlords again and only rent from housing association ones in future.
@sarahmyob6862
@sarahmyob6862 9 месяцев назад
In Canada it's hard to find a private landlord and these management companies ask for up to 2yrs rent up front, the one with the most rent up front gets the place. The application process is like a mortgage application leaving your personal information at risk before knowing if you get the place. They demand application fees that are non refundable and ILLEGAL.. Rent has doubled tripled and quadrupled depending on where you want to live. It's really bad. Our government has invited millions from India so we are outnumbered in town here. Homeless seniors and disabled people on the rise something we've never seen before and turdo plans to invite millions more with absolutely no plan for the housing and basic necessities of these People! Many are now also arriving by walking in from USA.. We already have a huge homeless population that hasn't been addressed and even on some of the coldest nights of the winter, the government does nothing for the homeless Canadians but I haven't seen any Muslims sleeping on the streets yet in our town.. It's insane! At least with private landlords you can sometimes appeal to their humane side. With management companies they do not care. You could have the saddest story and misfortune and still they're going to give the unit to the one who has more money to put down on it. Having good credit and references is nice you have to have that too,, but money talks.. And they don't follow the landlord and tenant act. They just do whatever they want and nobody stops them..
@nicklasmillner101
@nicklasmillner101 9 месяцев назад
I'm so lucky I have a landlord who built my unit . Best in the world 🌎
@hatientacetlen4246
@hatientacetlen4246 10 месяцев назад
Do you call yourself a landlord? No. I am a landlord but people judge me for being a landlord so I rebranded. Do you call yourself a nonce? No. I am a nonce but people judge you for being a nonce so I rebranded. I don't see much difference.
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