, in Manchester the annual increase was 20.5 per cent, in Cardiff 19.6 per cent and in Edinburgh 18 per cent, and in Birmingham the figure was 17.6 per cent.
The disparity isn’t helped by the fact that the politicians who make our laws and the journalists who cover them are more likely to own rather than rent the homes in which they live.eye-watering increases in their rent with just a few weeks notice And friends who have advertised for flat mates on Spareroom.com being met by hundreds of applications. Having an affordable spare room is the modern day equivalent of being David Gandy on Tinder.
SophyRidgeSky ipaperviews This is the wrong way of looking at the question. Both rents and sale prices are unaffordably high because of a shortage of housing. We need major, rapid relaxation of the planning process and reform of the building sector to get much more built.
SophyRidgeSky ipaperviews The government needs to seriously consider the tax position for private landlords who perhaps like me invested in a second property as a pension pot and now find it uneconomic to rent out. Many are selling up. Mortgage costs deductible only for businesses.
SophyRidgeSky ipaperviews No! Its 2nd property+ homeowners that we need to stop helping. Single homeowners still need assistance & protection, same as renters! What's with the attitude of leaving homeowners vulnerable, especially when hard honest work & control of finances have enabled home ownership!
SophyRidgeSky ipaperviews It doesn’t matter if homes are owned or rented. What matters is that there are enough homes.
SophyRidgeSky ipaperviews Yes...yes and yes again.