news & politics:discussion

[stuie]

6 minutes ago, fraybentos1 said:

You’re going to kick a vulnerable family out!! Oh dear oh dear how could you.

I think my issue is you’re acting like this is win win for everyone involved when it really overwhelmingly benefits you. You’re just determined to justify it so you feel better.

I've never felt bad about it so I'm not trying to make myself feel better.  It clearly overwhelmingly benefits me after 25 years - that's the intention.  But in the meantime, if her and her boys leave, through tenant selection and charging below market rent, I'll continue to help people who need a decent home. 

[steviewevie]

does bentos work for one of these pension companies or what?

[fraybentos1]

3 minutes ago, stuie said:

I've never felt bad about it so I'm not trying to make myself feel better.  It clearly overwhelmingly benefits me after 25 years - that's the intention.  But in the meantime, if her and her boys leave, through tenant selection and charging below market rent, I'll continue to help people who need a decent home. 

And it’s another home that isn’t an available for said family to buy because it’s tied up with a BTL landlord. Multiplied across the country has led to us having an appalling housing crisis. Your actions have consequences if you look at the bigger picture. 
 

They also only have a home as long as you want them or need them to, then they get turfed out.

[fraybentos1]

2 hours ago, steviewevie said:

does bentos work for one of these pension companies or what?

I work for a pension company because I think landlords aren’t a great thing and I think (Separately) that having a pension you start young might be a good idea for a lot of people?

That is some take.

But no I don’t work in that field. 
 

Also every thing I said yesterday was good advice.  This is a separate discussion going on here .

Edited January 18, 2024 by kaosmark2
removed subtweeting insult

[Neil]

2 hours ago, fraybentos1 said:

It’s a simple question : are you a landlord?

 do you own a property that you don’t live in where someone pays you rent ? 

yes, but not where they pay me rent, that would be exploitative, i've got thru life without having to sell-out my principles.

[Neil]

1 hour ago, fraybentos1 said:

Just doesn’t seem to add up. 
 

Invest in what you want but if you’re a landlord then you’re not left wing it’s as simple as that .

For example this morning about a million pound bid for efests lol 

i stretched that a bit was £945k - not for efests, that was for the original Glastonbury website if you weren't winging it you'd know bids like that were easy to come by back then?

Edited January 18, 2024 by Neil

[stuie]

12 minutes ago, fraybentos1 said:

And it’s another home that isn’t an available for said family to buy because it’s tied up with a BTL landlord. Multiplied across the country has led to us having an appalling housing crisis. Your actions have consequences if you look at the bigger picture. 
 

They also only have a home as long as you want them or need them to, then they get turfed out.

Thank you for the moral guidance. I've given it due consideration and have decided that I will continue to be a socially responsible landlord of my vast property portfolio of 1 house.

[Neil]

18 minutes ago, fraybentos1 said:

I work for a pension company because I think landlords aren’t a great thing and I think (Separately) that having a pension you start young might be a good idea for a lot of people?

That is some take.

But no I don’t work in that field. 
 

Also every thing I said yesterday was good advice. Obv a few of the usual losers had an issue with it. This is a separate discussion going on here .

frey as you know everything about me, tell me what £80 personal service i just got for free. cos i've just got home but cant remember. i need a make it up expert like you to make up a story for me.

[Neil]

3 minutes ago, fraybentos1 said:

I genuinely have no idea what you’re on about but I hope it was 80 quids worth of therapy 

you have no idea what you're on about most of the time cos you're blinded by rage  .... it was £80 worth of not_medical_therapy, that most people would expect to pay for but which was totally free to me. 🙂 

Edited January 18, 2024 by Neil

[Skip997]

Freeloader?

[Neil]

26 minutes ago, Skip997 said:

Freeloader?

mutual exchange in the style you like to work.

[lazyred]

2 hours ago, fraybentos1 said:

Where did I say you can’t own any assets?

I’m drawing a distinction between owning your own house and being a landlord and having someone else pay your mortgage. It’s fairly simple.

What about dividends from investments or interest on savings? Can I be left wing and have those?

[Neil]

2 minutes ago, lazyred said:

interest on savings?

there's been no meaningful interest available on cash in the bank for the last 20 years (cos interest rates have been very low).

[lazyred]

1 hour ago, Neil said:

i stretched that a bit was £945k - not for efests, that was for the original Glastonbury website if you weren't winging it you'd know bids like that were easy to come by back then?

Just think with your past investment skills you could have turned that into 150k

[steviewevie]

this will be us in a few years.

[fraybentos1]

6 minutes ago, lazyred said:

What about dividends from investments or interest on savings? Can I be left wing and have those?

My point is being a landlord the benefit comes at someone else’s detriment.

How is that comparable to savings in a bank? There’s no loser there. 
 

 

[Neil]

Just now, lazyred said:

Just think with your past investment skills you could have turned that into 150k

i'd have blown it on cheap drugs and expensive women, the rest i'd have wasted.

 

(that was part of the reason i didn't take the offer[ with hindsight the offer was big enough to have sold granny for.).

[fraybentos1]

1 minute ago, steviewevie said:

this will be us in a few years.

Not with fptp it won’t be 

[lazyred]

3 minutes ago, fraybentos1 said:

My point is being a landlord the benefit comes at someone else’s detriment.

How is that comparable to savings in a bank? There’s no loser there. 
 

 

Bank savings interest comes from loans made to others, dividends come from other people working, like rent its unearned income at the expense of someone else. I agree BTL has had a bad effect on our society but that can be fixed by a decent govt and still allow private landlords

[fraybentos1]

4 minutes ago, lazyred said:

Bank savings interest comes from loans made to others

I don’t see bank loans as being exploitative though 

tbh I get what you’re saying, nothings perfect but I can see the detrimental impact of BTL a million times more than I can of bank savings- we surely agree there ?

[kaosmark2]

4 minutes ago, lazyred said:

 I agree BTL has had a bad effect on our society but that can be fixed by a decent govt and still allow private landlords

Given that 3/4 of government and 1/2 of opposition are BTL landlords, many of whom are exploiting MP expenses system to further their landlord profits, I don't really see us getting a decent govt who'll fix that any time soon.

[lazyred]

13 minutes ago, fraybentos1 said:

tbh I get what you’re saying, nothings perfect but I can see the detrimental impact of BTL a million times more than I can of bank savings- we surely agree there ?

Absolutely, everyone should have access to decent affordable housing

[stuie]

53 minutes ago, kaosmark2 said:

Given that 3/4 of government and 1/2 of opposition are BTL landlords, many of whom are exploiting MP expenses system to further their landlord profits, I don't really see us getting a decent govt who'll fix that any time soon.

The same government that removed BTL mortgage interest relief and introduced additional stamp duty for second homes.  Landlords are selling up as the market has been made much less attractive - 400,000 less properties in the PRS since 2017 apparently. 

[kaosmark2]

7 minutes ago, stuie said:

The same government that removed BTL mortgage interest relief and introduced additional stamp duty for second homes.  Landlords are selling up as the market has been made much less attractive - 400,000 less properties in the PRS since 2017 apparently. 

They also made it easier to switch your primary residence so you could dodge BTL restrictions if you already had a property. A tool that is now being utilised by MPs then having another home on expenses.

Edited January 18, 2024 by kaosmark2

[steviewevie]