Jeremy Corbyn to effectively Confiscate Landlords Properties

Hi Stevie,

Please see our create an article page >> http://www.property118.com/readers-questions-2/43811/

Reply to the comment left by "Alex Caravello" at "03/02/2016 - 08:20":

Hi Chris,
I never mentioned the word 'utopia' anywhere, and I don't believe any such state is attainable. I do believe in the idea of democracy however and the notion of fairness and some level of equality across the social classes.

A hundred years or so ago Britian and Ireland were far different places to what they are today. Mineworkers, steelworkers, farmworkers, millworkers were were little more than indentured slaves. They lived in cabins, villages and towns owned by their bosses and landed gentry. They had no rights, disease was rife, death often came early through eviction, exposure, poverty, homelessness and starvation

Democracy changed much of that. Trades Unionism and Labour politics empowered ordinary people, giving them a voice and the opportunity to live a decent, if still basic life.

You hold the conviction that 'everything is a commodity, even the need for shelter'. This is an outmoded concept lingering from a hundred years ago. The human requirement for survival from the elements, in any society which calls itself 'civilised' is a fundamental right. Just as necessary as food, water and oxygen. Without it not many people in our environment could survive. Those who regard it as just another commodity may also regard 'their' tenants as just another commodity. Is this why most other Countries across the E.U. have legislated regulations to protect the right to housing?

You say you 'own property' in other Countries, presumably residential. Is there some celestial divinity somewhere which decrees you have the right to own and control the homes of other people in their own Countries? I suppose you believe that 'the markets' are the universal divinity. The markets decide what we should believe and how we should think and behave.

The thing is, markets are man made. Just because they are created by vested interests to suit themselves doesn't mean they are guaranteed to last forever. The constant march of democracy has a way of changing things. The Britian and Ireland of today would be unrecognisable to the people who lived 100 years ago, except maybe when they look at the 20 million people in Britain still trapped by the property rental racket.

The last great barrier to full democracy is the Property Apartheid, people farming ideology. A great mass of people are still enslaved to a very small minority of property owners. Democracy is sometimes slow, and sometimes it stumbles, but eventually it gets there. The rest of the E.U. Member States have made huge strides. Time to catch up.
Regards,
Paul.

If the UK government stopped treating the PRS as a cash cow and gave us the same levels of tax incentives as many other EU and developed countries do then it would be more reasonable to expect their legislation to follow. I've been told before that if I don't like the UK tax system why don't I invest in Germany. I could say the same to anybody who doesn't like the UK rental system, why don't they go and live in Germany?

Reply to the comment left by "Paul Newsome" at "26/01/2016 - 22:51":

Hi Paul

You said...

``Is it the power trip of having absolute control over the lives of others – or just the pure greed of profiting from the basic necessity for shelter of ordinary, powerless people.

Many landlords in Britain and Ireland have the attitude that they are providing some kind of ‘public service’ to those who cannot afford to buy and own their own home. They refer to ‘my tenants’ and ‘my property’ ‘my income’ etc. as if they have a divine right to ownership of other people’s lives and homes. ``

I do feel yes that I provide a public service by providing safe secure accommodation to many of `my` LHA tenants. They come to me from hostels , prison, tents , sofas, back seats of cars, B&B`s etc.
They get no joy often though from the overwhelmed and under resourced council which is also a public service so they are ever so grateful to me to provide a roof over their head.
Am I not therefore providing a welcomed public service for them in your eyes?

I do refer to them yes as `my` tenants as its a simple way of expressing what I am trying to say . It doesnt mean i have a divine ownership over them. Why so extreme. I say it in the same way as an employer may refer to his employee as one of `my` staff. I also may say a sentence where i say.... one of `my` friends..... It doesn't mean I have a divine right of ownership over them. That`s silly. I`m struggling to think how I could rephrase those sentences when I want to say them without offending you. If you have a solution please do let me know.?

If I own a property unencumbered which Ive paid for with my hard earned cash then I think I can safely,morally and legally call it `my` property. My name is on the deeds held with th land registry . So its not the states, its not yours, its not the mortgage companies . If `my` tenant in `my` home also refers to as `her` home I am quite at ease with that description. I don`t think ...How dare they think they have a divine right of ownership. I just think they are acting and behaving normally. Its their home as well as mine but I own it yes. They can always make me an offer of course which I may accept or decline.
I guess the state could invoke their compulsory purchase powers. I wonder what your view is on that......

I do have some power over my tenants yes you are right. But its not absolute power at all. They can hand in their notice at any time.
They also have a power over me. They could not pay the rent for instance for 3 months. Or they could have a party and stain the carpet and cover it with a rug so i don`t notice. Power is a two way thing. Tenants are not powerless.

As for greed. I am hungry for money yes. It gives me a life while I am on this earth. Show me a human being who would turn down £1000 if offered to them or they could earn it. But that doesn't mean surely as a landlord and property investor I am a figure to be derided and castigated by you?

Please reassure me that you have some conciliatory answers to `my` ( sorry there i go again) questions or else i will be left with the distinct impression that you have a rather unsavory misguided chip on your shoulder. Thank you

Reply to the comment left by "Mark Alexander" at "06/02/2016 - 20:24":

Cash cow...... Killing the goose that lays the golden egg........

As for Paul Tiresome, as I said earlier.....

"So you are going to set up as a ‘fair’ LL then?

Show us how it’s done, and whether you can cover your costs in THIS country. Spare us the Irish babble........"

Some people expect to be provided with housing below cost, without doing any work for it.

Housing IS expensive, especially where land is so expensive Agricultural for £10k/acre, but IF pp granted is suddenly 'worth' £1m will make any property expensive. Fix that would be a big step forward, and the bribe to councils called s106 money is another that makes development more expensive.

Some people underestimate the costs associated with buying, interest, maintenance, safety, complying with regulations etc etc.

If we really wanted to solve the broken housing situation, perhaps the minimum wage inside the Circle line should be £25/ hour, and no long term housing or unemployment benefit, that would move jobs and people out of London to Corby, Telford, Merthyr or the like - places where house prices have stagnated or fallen over the last 10 years.

Well said Jonathan.

I think the problem Paul has is a resentment for anyone who has, through their own hard work, decisions, and strategies, made more of their lives, in terms of asset building, than he has. I think it's straight forward jealousy. But I particularly like your description of it - misguided chip on shoulder.

I also think Paul wants to blame everyone else for him not having achieved any notable financial success. I'm not judging him. He's judging me (stereotypically).

My Dad has much the same back story as him, farm labourer, worker, working class, extremely poor family, in fact I was bloody poor when I was young (tied cottage with none of the standards afforded to tenants these days), and no pot to piss in, except an outside loo. But I didn't know we were poor.

My parents are now wealthy. How did it start? By moving out of their tied cottage and into a council house with the deliberate intention of buying thanks to Thatcher, then trading up quite quickly through the boom years to end up with a property with land and various businesses on it. They aren't LLs, just straight forward business people.

I'd love to see my Dad have a chat with Paul.

Reply to the comment left by "Paul Newsome" at "06/02/2016 - 17:06":

Hi Paul, There's some truth in all sides of the argument. I was a tenant, now a L/L although only small time and worked hard for it so I didn't get it for nothing. L/L is a dirty word and are mainly seen as capitalist ------- ! I rent out at only £75 as employed people are able to afford this whereas DSS can afford more but generally choose not to pay. The last DSS cost me £2500 and trashed the place! So, after mortgage, expenses, tax I'm left with around £50 which takes a week to earn! I went into rentals due to the onset of epilepsy and could not hold down a regular job and preferred not to go on benefits. I take as I find and DSS have been a pain. I'm sick hearing how bad L/Ls are and tenants saints, so if Jezza doesn't agree, tough!

Reply to the comment left by "Paul Newsome" at "02/02/2016 - 00:31":

I have come across a number of eastern Europeans, mostly Poles, who have arrived in this country with nothing. They rent a cheap room, work nights, overtime and week ends (often in unskilled jobs), shop at Aldi and Lidl, don't treat themselves to any luxuries (well... maybe tampax) and within 3-5 years have managed to save up a deposit to buy somewhere. These people are competing with property grabbing landlords but have still managed to get on the housing ladder. Why do you think it is that they managed to do it but you didn't?

Further, be a little different and have a go at those soaking up benefits (my tax) one I know hasn't worked for 40 years and has no intention "they" are the leaches!

Reply to the comment left by "Jack Ass" at "07/02/2016 - 00:38":

Quite so, but why do you assume this troll (a person who sows discord on the Internet by starting arguments or upsetting people, by posting inflammatory, extraneous, or off-topic messages in an online community with the deliberate intent of provoking readers into an emotional response or of otherwise disrupting normal on-topic discussion, often for their own amusement) isn't a benefit recipient?

So we must not feed the trolls too much.

The more I think about it, removing most benefits from anyone within the M25, more so within the Circle, AND increasing the minimum wage dramatically, those that do not have important jobs that NEED to be in London are persuaded to move out, ALONG WITH their employers, to areas where there is no house price bubble, and stagnation or deflation of house prices over the last 10 or 15 years?

http://www.dailymail.co.uk/news/article-2313036/The-250MILLION-home-London-house-set-UKs-expensive-property-sold-sale.html

http://www.dailymail.co.uk/femail/article-3406917/Is-exclusive-property-sale-Britain.html