Comment on: Law could be rewritten to enforce pay to stay
I too was once on the waiting list and hoped and prayed that the property that I was eventually offered would be on a mixed estate in terms of income and social backgrounds. I did not want people forced into taking lower paid jobs in order to give me a home. I wanted, and still want, affordable and secure housing for everyone. It is a sad day when some commentators are arguing on this forum that because 'normal' expenditure on housing costs is 30% (and higher) of income we should all have to suffer that. Surely we should be campaigning to lower that figure? And finally when I leave here my home will be available for someone else as opposed to being lost under RTB, but having looked at the figures appropriate to me it will cost me half as much to buy it under RTB than to pay to stay as a tenant. As they say 'do the math'.
One more point that I haven't yet seen raised is what will people near the pay to stay threshold do if they meet the love of their life who is also in the same position? I can't see anyone giving up their precious and scarce home to move in with a partner and then pay extortionate rent (and in London it is extortionate) for the one home.
Comment on: High-earning tenants to pay 80% of market rent
Some people seem to think that the rent the Governemnt wishes to charge people earning over £60K is 80% of full market value. This is true initially but the consultation document states that they wish to move to full market rent asap. For my property that would mean paying £1600 per month as I live in central London. £60K is only the salary of two experienced front line charity workers, hardly rich, hardly secure and hardly exploiting the system given I've paid my own rent for yerars and all my taxes. Aren't I being charged 3 times for the same property?
Lucy Collins has not added any discussions yet.
Lucy Collins has not added any posts yet.