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Very few people actually want to rent, and this is borne out by many many surveys.
It's a bit chicken and egg though isn't it?
I still have loads of things on my house tdl so the idea of having a LL right now to take care of it is quite appealing. However, that would also mean spending* 50-100% p/m on accommodation, with no more than a year's security at a time.
*as opposed to having part of it being paid into an asset
hugo7-
However, that would also mean paying 50-100% p/m on accommodation, with no more than a year's security at a time.
Not just that, but sacrificing a level of agency and control over your own environment, like the ability to plant things in the garden and see it grow, or express yourself with decoration. To be actively engaged in material stuff where your actions have a physical and aesthetic/cultural/emotional effect I think is so important, and I can't see how being forced into a transient and limited existence without it is good for the soul.
That you're often expected to undo your creative work at the end of the tenancy, so it's as if you never existed at all, is just depressing. We're meant to live in these places, not just exist!
Anyway, enough rambling, here's a chart for who wants to be an owner-occupier in 2 and 10 years.
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I still have loads of things on my house tdl so the idea of having a LL right now to take care of it is quite appealing.
How much of your TDL would a landlord actually do? They would simply say "no" to most of it possibly including tasks a normal person would consider to be essential maintenance
slippers
frankenbike
I had 6, and all were pleasant enough people, but 3 of them evicted us with one month notice because they were 'selling up'. In all honesty, I think that's what they thought at the time, but only one month later, the places were up on rightmove for rent at a higher price. Meanwhile we had to shell out an extra few hundred quid each time, plus moving costs and all the stress that goes with it.
That's great, but at some point you have to ask whether this is a good way to structure society, not just relying on stories of one-off situations where lucky individuals got a deal. It probably wouldn't be difficult to do a carve out for these specific scenarios anyway.
Very few people actually want to rent, and this is borne out by many many surveys.
Of course it isn't, and a best-case scenario is that this situation will take decades to fix. The slack can be taken up by many more people than just councils too, and even then, their funding models are changing to allow investment in social housing.