UK Politics
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If there are no more landlords then there is no more private renting? Where will people be able to live while they build up a deposit?
Public renting, not for profit
Great. Who is renting out all these houses?
Never heard of council houses? I know Thatcher sold off most of them but a few still exist. Right to buy is terrible.
Yep. Currently very oversubscribed so you'll need to build more. How much are the greens planning to invest in the council house estate while they roll back private landlords?
It would typically be the local council of that particular area.
Ask them, I’m not in the UK.
I would assume a non-partisan government entity of some sort. The same way public utilities or public health care is handled.
Break the house price into weekly deposits so that after 20 years you then own the house.
Basically renting should give you a percentage of ownership instead of just going to the landlord.
I mean that's what a mortgage is. Who's underwriting that?
The renter has no role in a mortgage.
Welllll
For starters.
This is to make investment properties and landbanking less attractive. There will still be landlords. But slumlords and opportunists will be less attracted.
And it's also allowing:
So that also partially answers your question about council housing numbers.
All there in the article
Having lived in a badly insulated rental I've often thought there should be some sort of incentive to encourage landlords to improve the energy efficiency of their properties. How to frame a tax that didn't immediately get passed onto the tenants?
In Vic we have "minimum standards" as part of our reforms. Property has to meet them. It's still gradually improving, the big issue is our tenants tribunal is backlogged and needs a fuckton more resources