Call for a rent freeze because ‘landlords can afford it’

That is very scary, all these leaders looking to blame someone else for their failings.
It would seem these leaders of major Cities(with high salaries and little risk, and a great Pension on retirement) have no idea of the finances of the PRS! If Landlords make so much money and its THAT easy why don't they invest their 'hard earned?' cash in the PRS? Many banks now paying 4% interest for 1 or 2 years fixed why are we bothering? Where do these people and organizations find these headline statistics. We all know the saying 'LIES,DAMNED LIES and STATISTICS'. a phrase describing the persuasive power of statistics to BOLSTER WEAK ARGUMENTS. these headline stats are one sided and completely biased. they conveniently do not mention how many landlords have financial difficulties or homeowners with mortgages who are not landlords who are also struggling. the mayor of London in june 2021 (ref Daily mail and Independent ) both suggest he had a salary of £152734 pa.
a statistic from Economy & Politics> Economy reported a survey by recruitment firm Reed- dated FEB 9th 2023, suggested 'workers in London need a wage of £65,000, to combat the rising cost of living, and £49,300 now to live comfortably. so the figures of £54,415 in this context is in line with the market! although no reference to if this salary is London or somewhere else based. and these Landlords have worked hard to achieve this and paid their TAXES all the way to be able to achieve this i would suggest. i note the Mayor of Grt Manchester in Manchester evening news suggested the Mayor's salary be frozen at £110,000.
if a landlord is the CEO of his business surely it is ok for that person to have a reasonable salary.
Uk.indeed.com suggest the 2 Assistant Directors at SHELTER UK, earn between £58,733 and £71,513 per year. so why shouldn't a landlord earn a similar salary, for what ever reason and then in addition any profit for the additional work they do in taking risks in the PRS?
why are these leader calling for a rent freeze , why not the bonuses to the leaders, ie. Brt Gas who are not taking any personal risks with their own money and they are allowed to increase the costs of the products they sell across the whole population?

Why is it these left wing socialist organisations believe all landlords are earning more than the tenants they provide accommodation for.
Not all landlords have alternative sources of income, some like myself are unable to work through disability or ill health, others rely on rental income as a pension.
With mortgage interest rates increasing monthly, tax increases and additional fees required by labour controlled councils for selective licensing our income is being constantly reduced, we cannot rely on the state for assistance, as benefits with the exception of PIP are all to be means tested, so when your Tenants are earning £40,000 and you are earning less than £20,000 how are rent freezes justified, we are left with little option but to sell up.

As usual its typical socialist rhetoric that property ownership is theft that prevails, but it seems rather hypocritical when Some union leaders & Mr Khan are earning six figure salaries, Khan himself residing in a £3 million plus home and being driven around in a land rover.

What makes people think they'll stop at a rent freeze? On the Today programme a few months ago Mishal Hussein said: why do landlords need any rent at all - after all they've still got the property which will increase in value. Isn't that enough?

Property is theft! Although earning £300K a year for a 10 hour week isn't theft.

Pigs and snouts come to mind when thinking of these mayor's.
This is all thanks to Sturgeon and her wee green poodle p.Harvie.
The Greens seem to be pushing this with zeal , I wonder why , maybe it makes them feel relevant.

Reply to the comment left by Martin Roberts at 24/02/2023 - 12:39If this happens Im asking for eggs and tomatoes on top of rent payments!

Reply to the comment left by Jonathan Cocks at 24/02/2023 - 13:26
Well said Jonathan! I also wondered how much these guys earned. Mayor for Liverpool is 81k, 2 and a half times the average wage for Liverpool. I guess he would say he has great responsibility which of course PRS landlords don't - sarcasm 🙂
Hard working landlords, taking risks with their hard earned money to ensure they are not a burden on the state seems to be tantamount to committing a crime.
Once the tories celebrated entrepreneurial endeavours, now the PRS are the new bankers of 2008. Next we will be blamed for the shortage of rental properties as we head to the hills!

Not sure if I posted a reply, but yet another crazy idea. How many of us earn that sort of money, where do they get their stats from? With a salary of £150+ is Khan chasing votes?
For me, it's just another foot on the accelerator pedal to get out and stay out of the PRS.

Reply to the comment left by Richie at 24/02/2023 - 14:38
Politicians need votes and therefore it's all about popularity and self interest. There are more tenants than landlords therefore the quick win from a politician perspective is to support a rent freeze. Now think about the stakeholders (i) Mayor : win - gets more votes (ii) tenant : loose - can't find affordable properties to rent (iii) landlord : loose - lower margins, (iv) tax payers : loose - have to fund relatively high cost social accomodation. Another example of "all about me" for politicians and civil servants.

Shut the gob up Mr Mayor, no we can't afford to freez rents when cost of living is going up like crazy directly caused by your and Government's policies, your bl$$dy ULEZ charge for instance is not going to help anyone to start with so get rid of your greed and hike in public transport fairs, clean up your own filth first.

Its a bit rich that a number of trade unions are said to be subscribing to this when at the same time calling their own members out on strike for more pay. In the words of the open letter, train drivers earn an average of £48,500 in the UK, (with many over £60k) so they can afford not to hold the country to ransom.