PRS supports more than 390,000 jobs and generates £45 billion

Um can Ben jump any further between the lines. He would make a fantastic politician!

I’d say it’s tenants and housing that make a significant contribution to the economy.

If the houses were owned by homeowners then much of the ‘GVA’ would still be added.

Where tenants contribute is when they refuse to do the simplest of tasks themselves. Landlords pay tradespeople to do the work and this adds to the high rents that tenants complain about.

Government adds to GVA through over regulation and unfair taxation (that tenants end up financing).

`Where tenants contribute is when they refuse to do the simplest of tasks themselves. Landlords pay tradespeople to do the work and this adds to the high rents that tenants complain about.`

Correct, tenants are astonishingly dim when it comes to the way finance circulates in the PRS. It reminds me of a child that stamps it foot if their probelm isnt sorted in seconds, it costs more in the long run & the tenant pays.

There is a small town , Aldeburgh; it’s by the sea. Very expensive and full of second homes. My friend has one. He told me that one of the tradesmen he uses complains that if the holiday home people cleared off due to “Retards R Us” (qua the government) then there would be little if any demand for his services and those of others. Moreover the pubs, restaurants, other shops etc would close down: this would lead to their workers leaving the area NOT poor people coming in: poor people going out!!
Even if you increase supply of PRS how do people without jobs pay the rent!! Plus, what subspecies of imbecile would invest in rental property in a place without jobs??
In other words you would destroy a healthy small town and its micro-economy. You would also add lots of people to the negative equity group which will need to go into PRS - which is shrunken.
But there is a solution: build lots of luxury offices and make the highly paid hi tech people like Microsofties and bank people all move to Aldeburgh having left Belgravia etc. Right?!!?? You never know they might even fly in from San Francisco!!
Given this inane logic some govt thinker is bound to pick it up!!

Forget about the money for 1 minute and look at how many humans the prs house and then you will see how important it is to society .

all totally irrelevant when you need votes OR want to be seen to be representing the 'oppressed' to keep your job.

Voters are simply there for the deceiving.

Most politicians would sell their Granny if need be.