Unfair competition

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    Unfair competition

    The private rented sector faces unfair competition from subsidised public housing. We are also more stringently policed by local authorities.
    When i pay taxes some of it is spent on putting me out of business.
    And the rules keep changing during contracts not just for new investments
    I doubt that the housing associations will pick up the slack if the new bill drives more landlords out.
    Wake up Liz Truss! There is a new housing crisis brewing.

    #2
    Doubt Ms Surgical Support is capable of waking up. Not the brightest in the drawer.
    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

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      #3
      Unfortunately we do not seem to have an impartial pressure group as the nrla gets funds from social housing providers.

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        #4
        Are you losing tenants to the social housing sector? I doubt it. There isn’t enough social housing for all those who would like it so in my view there is enough demand for both the social and private rental sector.

        Whilst it’s true that the funds for building social housing does come from central government once built the rents paid cover the maintenance of the buildings. Perhaps less money wouldn’t be spent building social housing if so much of it hasn’t been flogged off on the cheap to buy votes. About half those RTB properties are now in the PRS so who is subsidising whom?

        The social sector can charge lower rents as the landlords are not-for-profit organisations. The only way you could say the tax payer subsidies rents is for those people who are in receipt of housing benefit or the housing element of universal credit. Those tenants can be found in both the social and private rental sectors.

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          #5
          The social housing sector is hardly a competitor .The sector take on tenants facing challenges like poor mobility, mental health issues etc. which simplifies the role of private landlords .Much of the tax you pay may be used in ways which you disapprove of ,but most taxpayers face this dilemma.. Perhaps your remarks were ironic?

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            #6
            Originally posted by DoricPixie View Post
            The social sector can charge lower rents as the landlords are not-for-profit organisations.
            Hmm..

            https://www.insidehousing.co.uk/insi...vey-2020-68245

            The results from 162 associations are in, and we can tell you that pay for housing’s top bosses has risen again. The average CEO was paid £181,086 in 2019/20

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              #7
              Originally posted by Codger View Post
              The private rented sector faces unfair competition from subsidised public housing.
              I agree. My DSS tenants have to pay 40% income tax on my rents. Plus 20% section 24 tax on my loans.

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                #8
                Being a housing ceo is a doddle compared with being a btl landlord.
                Lots of professional help, newbuild properties to rent out government subsidies, no phone calls from tenants......
                I should be getting the whopping salary not them!

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                  #9
                  What is a housing CEO? How can you comment on their role in such an uninformed manner. Any tenants reading your comments would lose any respect they have for landlords. You should sell up and let another person run your properties ,with a little humility and less self-pity.

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                    #10
                    Originally posted by Codger View Post
                    Being a housing ceo is a doddle compared with being a btl landlord.
                    Lots of professional help, newbuild properties to rent out government subsidies, no phone calls from tenants......
                    I should be getting the whopping salary not them!
                    Go and set up a housing association and appoint yourself CEO if you think it’s that kooshdie.

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                      #11
                      Social housing was introduced in order to clear the slums that were created when private landlords had free reign.
                      I think that paying benefits so that private landlords can profit is not a particularly good use of public money, it would be more efficient to build homes that don't need to provide an ongoing profit. Obviously, the landlords that profit from this are more likely to disagree.

                      Originally posted by Codger View Post
                      Unfortunately we do not seem to have an impartial pressure group as the nrla gets funds from social housing providers.
                      Do you have any reference for that? It looks like at least the vast majority of their income comes from private membership fees.

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                        #12
                        There is room for everybody in the rental sector and more! What we need to do is build more affordable housing so that everyone can afford to buy or rent a home.

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                          #13
                          Originally posted by Codger View Post
                          Being a housing ceo is a doddle compared with being a btl landlord.
                          ..
                          Then you'll be getting a job as one, the logical action if you really believed this.

                          May I 'umbly assert you have zero evidence for your assertion.
                          I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

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                            #14
                            Originally posted by boletus View Post
                            The results from 162 associations are in, and we can tell you that pay for housing’s top bosses has risen again. The average CEO was paid £181,086 in 2019/20
                            Just the people to have empathy with the customers of social housing.

                            Not for profit doesn't mean that there's a lot of money being made.

                            When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
                            Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

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