[Finance] Rental price freezing.

[AmexRuislip]

Not an acceptable answer imo.

If you can't afford to live in Berlin, move to somewhere you can.

My parents did it 40+ years ago when they got married and couldn't afford to buy where they grew up - not a new idea being priced out of an area you would like to live or think you are entitled to live in.

Pretend you're from Port Isaac, then you'll understand, a lot of the properties there are London owned.

 

[Herr Tubthumper]

Not an acceptable answer imo.

If you can't afford to live in Berlin, move to somewhere you can.

My parents did it 40+ years ago when they got married and couldn't afford to buy where they grew up - not a new idea being priced out of an area you would like to live or think you are entitled to live in.

That’s one way of looking at it. I can afford to live here. But as a resident I don’t want this city to be the preserve of the wealthy. There’s much more to life than house prices.

 

[Papak]

Pretend you're from Port Isaac, then you'll understand, a lot of the properties there are London owned.

Why is Port Isaac any different to Berlin or anywhere else for that matter?

Apologies, but I don't see why my point doesn't still stand.

 

[AmexRuislip]

Why is Port Isaac any different to Berlin or anywhere else for that matter?

Apologies, but I don't see why my point doesn't still stand.

My parents did it 40+ years ago when they got married and couldn't afford to buy where they grew up - not a new idea being priced out of an area you would like to live or think you are entitled to live in.

I was using Port Isaac as an example

 

[Weststander]

They would say that wouldn't they? I would too if I had a vested interest. Buy to let landlords moved their money into property when their interest income was substantially reduced when rates were dropped due to the banking crises, and of course the governments decision to release pension pots so those who wished could invest in second/ third or more properties.

The private rented sector has flourished since c. 2002.



Savings rates crashed in 2008/09.

The easing of buy to let lending, with millions especially in southern England having significant equity on their main home to use as the deposit, got the ball rolling for the lucky savvy. Almost like printing money for the millions who bought a BTL or two in the heady days of huge house price rises.

 

[BrickTamland]

Rent is capped/controlled here dependant on region in Sweden. British houses/apartments are on the whole like third world countries compared to here, the quality can’t be compared. So yeah, that argument doesn’t work

 

[Eeyore]

Not an acceptable answer imo.

If you can't afford to live in Berlin, move to somewhere you can.

My parents did it 40+ years ago when they got married and couldn't afford to buy where they grew up - not a new idea being priced out of an area you would like to live or think you are entitled to live in.

Why should someone be forced out of the area they grew up in so it can become the preserve of the wealthy ?

Only enforces my point about folk being shafted.

 

[nicko31]

Don't worry folks Jeezer will be in soon, and rent controls will be here...

 

[LamieRobertson]

Pretend you're from Port Isaac, then you'll understand, a lot of the properties there are London owned.

Doc Martin fan

 

[Herr Tubthumper]

Rent is capped/controlled here dependant on region in Sweden. British houses/apartments are on the whole like third world countries compared to here, the quality can’t be compared. So yeah, that argument doesn’t work

It’s a shame they don’t cap the price of those beers in Omnipollo as well

 

[AmexRuislip]

Doc Martin fan

Yes mate, but honestly after walking around there, whilst on hols, I was amazed to how many properties were up for rent.
Especially when reading the contact details on cards in windows........0207 & 0208!!

 

[Tom Hark Preston Park]

What's that thing they used to say about the three stages of gentrification? First the artists move in because nobody else wants to. Then the teachers move in because it's affordable. Then the bankers move in and kill the vibe. Same as it ever was. Add Airb'n'b into the mix and Berlin's bohemian heart is sadly doomed, despite the best intentions of the city's local government.

 

[golddene]

The private rented sector has flourished since c. 2002.

View attachment 111747

Savings rates crashed in 2008/09.

The easing of buy to let lending, with millions especially in southern England having significant equity on their main home to use as the deposit, got the ball rolling for the lucky savvy. Almost like printing money for the millions who bought a BTL or two in the heady days of huge house price rises.

Your graph does tend to show a marked increase in the BTL market from 2008 as I indicated. Thanks for the information.

 

[Lower West Stander]

With negative bund yields at the moment I can’t see why Germany doesn’t borrow and build some houses!

The rent freeze is great in principle but it’s driven by the housing shortage. Rents will inevitably go up again unless new supply is added as there will be no incentives for landlords to invest....


Sent from my iPad using Tapatalk

 

[Papak]

Why should someone be forced out of the area they grew up in so it can become the preserve of the wealthy ?

Only enforces my point about folk being shafted.

You must be either a Leftie, a member of generation rent or both.

 

[Herr Tubthumper]

You must be either a Leftie, a member of generation rent or both.

I totally agree with [MENTION=29192]Brighton Lines[/MENTION]. I am a leftie. As already stated, I have a mortgage.

Next!

 

[BrickTamland]

It’s a shame they don’t cap the price of those beers in Omnipollo as well

What a place though.

 

[Herr Tubthumper]

What a place though.

Sure is. It is a lovely place. Great great beers, nice staff, nice punters and quality pizzas. We are getting an Omnipollo in Hamburg shortly; I’ll be making a trip there for sure.

 

[Machiavelli]

Why mess with a free market economy?

Congratulations. In answer to your question, you don't have to, or you can offer your citizens the chance to live well, and limit the impact of those who live off the extraction of rent.

 

[Machiavelli]

I totally agree with [MENTION=29192]Brighton Lines[/MENTION]. I am a leftie. As already stated, I have a mortgage.

Next!

I am a leftie, and no longer have a mortgage.