|
|
|
|
|
by gaius
4492 days ago
|
|
That is not the same thing as "being evicted". The relationship between you and the landlord is the same as any buyer and seller of goods. If say Cadbury's decided to stop making your favourite chocolate bar, would you feel your rights had been trampled? Or if a shop decided to stop carrying some product you loved. Or if your favourite TV show got cancelled. Or perhaps if the macro environment changes, should the landlord subsidize you when the bank is charging him more? Will the plumber give him a discount because he is a good guy? Will the supplier also give the plumber that discount because he's doing some work for a good guy who charges his tenants less than the going rate? And what if the landlord's personal circumstances change and he or she desperately needs the money? Say they are no longer able to work? I know that it is disruptive to move house, but in all likelihood the landlord isn't a monster, just someone who's trying to save for their retirement and has been scared out of pension funds by the smash and grab raid launched in 1997 (which I'll note the current lot haven't reversed). |
|
Housing is not optional so the relationship is not the same as anything else.
There is a choice. Buy what you cannot afford and pray the cost of borrowing doesn't increase or live at the mercy of an amateur landlord. Some choice.
A correction is sorely needed so that choice instead becomes rent or buy. Not as it currently is, rent or commit financial suicide.
While buying is not an option for the financially responsible renting should be more like it is on the continent. Rent increases there can only be as high as inflation and the tenant is treated like a paying customer.
The situation is shocking here, that is undeniable.