tag:blogger.com,1999:blog-5190994177632420720.post2495773917793884479..comments2023-10-25T08:27:37.972-07:00Comments on Viridis Lumen: Happy New Year - let the social cleansing begin...Viridis Lumenhttp://www.blogger.com/profile/08097453038753328641noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5190994177632420720.post-4580395478791819212012-01-03T09:14:06.346-08:002012-01-03T09:14:06.346-08:00I agree the current arrangements often benefit uns...I agree the current arrangements often benefit unscrupulous landlords. There a few things that could be done that would be less painful on low income families.<br /><br />For example, a fair rent policy that bars rent above certain levels rather than barring rent support. Given the preponderance of rented properties and their importance in the housing and development strategies of the country, the private rented market needs heavy regulation.<br /><br />And return the mortgage market to the early 1990s rules - Buy to let mortgages were not legal then; the dergulation of the mortgage market to create the buy-to-let industry, which peaked mid-decade at one in three of all property purchases, has had a devastating impact on the social and economic fabric of the country.Viridis Lumenhttps://www.blogger.com/profile/08097453038753328641noreply@blogger.comtag:blogger.com,1999:blog-5190994177632420720.post-723956774265125622012-01-03T02:34:07.976-08:002012-01-03T02:34:07.976-08:00So what’s the answer? At the strategic level, it’s...So what’s the answer? At the strategic level, it’s just not sustainable we can’t keep spending (currently HB costs more than the Army and Navy combined) the money doesn’t go to the poor, it benefits the Buy-to-Let brigade, fuelling greater inequality and skewing the housing market. At the local level it means a low-wage family I invested a lot of time and effort in getting properly housed are going to struggle (though interestingly a few landlords locally are going to reduce rents rather than have the hassle of evection and finding new tenants).Anonymousnoreply@blogger.com