Jump to content

Recommended Posts

When is everyone going to realise that the only thing that these bell ends on TV are not talking down is their own personal little empires of Buy to Let properties around East Dulwich and the rest of the nation. You are all paying 2006 monthly rental prices where the Landlords/ladies interest rates (and most of the Buy to Let investors are advised to go on a tracker and interest only mortages) have dropped by 4% slashing their mortgage payments. Your buying houses for these people and some !


Take these middle class nimbies with you into the great depression and slash your monthly rental payments !!!

Link to comment
https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/
Share on other sites

I think you will find that rental prices are generally an indicator of what people can afford to pay, and also an indicator of supply and demand. ie a fairly true marketplace. The prices aren't dictated by the landlords, it is tenant salary that dictates the price.


Rents will drop when take-home pay generally drops, irrespective of interest rates.


This year I am sure you will find it is better to rent. In financial terms only, rent is best in a falling or flat market, and buying is best in a rising market.

SeanMacGabhann Wrote:

-------------------------------------------------------

> apart from slipping in East Dulwich into the

> paragraph, is this ED specific? Or different

> enough from the several other property threads on

> here?


Sean, where were you last week when there were fifty odd different threads all about "snow"? The forum got very messy and we needed our mum to tell us to go tidy our room.


Slightly off topic there but it's already in the Lounge so what you gonna do?

Have to agree with GG Sean, I'd not even read her post when I had decided to liken your post to the kid in school who draws the teacher's attention to the slightly naughty kid. Wherever it belongs, it's an interesting point I'd not really thought of before AFN. That said, I'm just about to move in to a 30s 3 bed house in Sydenham for a grand a month, which seems about 500 quid less than Dulwich, so can't complain.

Driving rents down = landlord can't pay mortgage = repossession = homeless tenants


or


Driving rents down = landlord can't pay mortgage = repossession = bank puts house back on market at knock down price, landords buy them or councils and rental rates fall accordingly....or banks buy them, the one's that we own and...hey presto we re-write the rules of capitalism

!!!!

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Latest Discussions

    • It took the Tories 14 years to dig that 20bn blackhole. It's taken Labour 14 months to double it.  You cant get rid of Reeves though because the next person will actually be totally incompetent. There are no MPs in Labour capable of performing better than the current shower.
    • Thanks P. That sounds like a bargain compared to other horror stories I've heard! 
    • DD, "Rejoice rejoice. It's a pity he and his fellow clowns were completely annihilated at the ballot box. I mean they were doing so well after all 🙃🙃" At least the economy and unemployment weren't in the mess they are now. What is it, give the public sector a whopping pay increase with no strings attached, double the black hole and then blame it on the last Govt. Give me strength. Rachel from accounts shouldn't be anywhere near the economy. The final straw was increasing employer NI contributions and look how that's worked out. Month on month both inflation and unemployment have risen. Won't be long before inflation and u/e are exceeding 5%, but guess what, They'll blame Sunak and go.  Lets have a snap election right NOW, then see how poorly Starmer, Reeves and Rainer do. They're already plotting to get rid of Starmer, and if you think its bad now, you ain't seen nothing yet. Oh and did I mention Starmer wanting to stop Freedom of Speech............................................Normal people can see right through what him and co are doing, great at spending other peoples money, him and co don't have = bankruptcy. We'll just repeat the economic collapse that happened in Greece and wasn't it in Italy as well?
    • One of the best of Shakespeare 's plays.  I did Othello for A level. Also seen a number of stage and film versions. Is there any specific aspects of the play that is difficult for your daughter to understand?  
Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...