Overheard at the LFGSS golf club bar

Wouldn't rent controls be a simpler and more effective way to deal with this, assuming that we accept that rented accommodation can be useful / necessary?

Paying tax that funds pensions and social care is part of a collective responsibility to look after people.

I don't understand - what does this have to do with mortgages and home ownership? People buying homes are paying tax too.

Paying some parasites mortgage off for them plus whatever they want on top to justify their ‘investment’? Fuck off.

I bought a house and paid all the tax/stamp duty etc on it. I save for another 10 years and buy a bigger second house because now I've got kids or want to move to the country or whatever - I'm a parasite because I want to rent it instead of sell it? What if I want to keep that first house in case moving was a bad idea, I can't afford the second mortgage due to change in life circumstance yada yada

Or what if you meet someone and live in their house - are you forced to sell yours? What if the relationship fails?

If I sold the first one I guess I could've kept the money in the bank but that's just dumb - it would be put into the second house.

I've kinda lost track of what even the point is now. I think this thread and I hate are turning into twitter comments and it's just going to be easier to ignore them.

I don't understand - what does this have to do with mortgages and home ownership? People buying homes are paying tax too.

You brought up pensions as some kind of equivalent!

I'm a parasite because I want to rent it instead of sell it?

Yes. There’s nothing productive about landlording and you are actively making other peoples situation worse.
All your disaster scenarios should be covered by social housing (and equally apply to people with only one or even no house).

Yes. There’s nothing productive about landlording and you are actively making other peoples situation worse.

All your disaster scenarios should be covered by social housing (and equally apply to people with only one or even no house).

Well put.

^ Having lived in social housing, I lol'd hard at this

But yeah, probably better to ignore this thread.

The key word is ‘should’!

Rent controls or some kind of central organisation you have to rent from/to (at fixed rates, pegged to wages) might work (until my housing utopia is built) but I don’t know how you realistically control for different standards of housing.

Lads - hate to break it to you, but you are all loaded.

Full rep.

There’s nothing productive about landlording

They still maintain and provide accommodation.

What is the alternative? All property owned by the state until you can afford to buy? Who do you buy it from?

How do you paste multiple pages as a quote?

So I lived and leased a property from a social housing organisation.

I'll leave the trust pilot reviews below and you can make your own decisions on if that is really a sensible comment.
I'm not sure if you're being aspirational or naive

https://uk.trustpilot.com/review/www.hyde-housing.co.uk

You brought up pensions as some kind of equivalent!

Yes, because paying off a mortgage instead of contributing to a mortgage is a thing.

Both of them you do while paying income tax so I still don't see what you're getting at.

"Should be" is the reason I will not be handing anything over to the government. As if I'd rely on those cunts to sort out my wellbeing. The whole point of smashing repayments into a house and not a pension was so if everything turned to shit I'd still have a roof over my head whereas a pension is useless until you retire and even then might be fucking useless depending on where its invested.

I’m not sure anyone actually explicitly stated “all landlords are parasites” but the sentiment does seem rather reductive

Yes and no.

"Paying some parasites mortgage off for them plus whatever they want on top to justify their ‘investment’? Fuck off."

I will probably be a landlord one day (because I don't want to sell this place but I do want to move) and I'd like to think I would be pretty fair (assuming you don't try and fuck me over, at that point I will simply eat you and your stuff and deny you ever existed).
I worked fucking hard to pay for this joint and I am well aware there's less fortunate people than me but I'm not just going to give away my house because that's a thing.
Go chat shit to Bezos and Branson and co. before you come looking for a piece of me.
Or, better yet, have a word with the cunts that are deciding how my tax gets spent. Because it's sure as shit not spent the way I'd like it. Brexit, royals, fucking over immigrants, fuel subsidies and endless ENDLESS dumb shit that's dividing people and ruining the planet.

I’m not sure you reply is meant for me as you’re quoting something that I didn’t say but as someone who in their early 30s helped my mum in retirement buy her first house (nothing spectacular, just helped with the deposit) then bought it off her when she moved in with her gentleman caller 10 years later, I agree with you.

'Yes and no' was for you.

I clearly don't know how to deal with my essentially socialist ideals whilst still saying "fuck you, this is mine, I earned it and I'm not giving it up".

I'm happy to pay all those fucking taxes but it would be nice if they weren't then pissed up a wall making dumb fucks vote for and then implement a brexit. I want people to have homes and stability and be able to live rather than just survive. But I'm also trying to live and not just survive.

which garden designer to employ

Vladimir Djurovic is great to work with, more landscape than garden though.

Piet Oudolf for me 😉

Perhaps we’re talking at cross purposes - I’m talking about people who use a rented house (or houses) as their retirement plan, not their own house that they live in!

Don’t get me wrong, I’m not blaming the individual for making choices they’ve been encouraged to make by multiple governments over the past 40 years but the defensiveness and lack of imagination in some responses is very golf club.

Cryptic

but it would be nice if they weren't then pissed up a wall making dumb fucks vote for and then implement a brexit.

I think this crosses the libertarian line towards a slippery slope. Not saying you are one.

Whats the line? Democracy is flawed of all systems but works the best .. or something.

Appreciate the language of 'parasites' is not always helpful but I'm with @Dramatic_Hammer here. Surely people can see how damaging it is that those parties that have access to capital are able (or have been able in the past) to buy up a relatively scarce resource and then effectively make tenants pay their mortgages for them, while many struggle to get on the property ladder in the first place?

Landlordism should obviously not be banned, but it should without a doubt be made far less lucrative. It's getting to the stage now where banks and pension funds are investing huge sums of money into property, such is its profitability compared to anything in the productive economy. Leaving to one side the impact upon those who rent, this is madness economically and will only lead to further underinvestment in the portions of the economy that keep people in jobs.

Finally, the arguments concerning the poor provision provided by social housing associations are not evidence that they should be avoided altogether, but that social housing should be properly funded and in some cases be brought back under the watch of local authorities rather than farmed out to third parties. There are also of course innumerable private landlords who also fail to comply with even basic standards, so let's not present private renting as some kind of utopia.

compared to anything in the productive economy.

This is the heart of it imo.

People love to reference financiers being the lifeblood of innovation, and they are. But what in reality most of it is chasing are those sweet, sweet asset backed guaranteed passive income steams. Ideally underpinned by government.

I'm not by default in favour of nationalising things. But when the private sector investment is devoid of risk, you've got to question what benefit they offer other than massaging government books.

If I were drawing "the line" it would be a lot different.

How do I implement what is right when people are stupid? I don't know. A global hippy dictatorshit so I can sort the planet out. Then hand it back to some with the rules established.