Rent crisis: is it time to get rid of landlords?

Do you hate your landlord? You wouldn’t be alone if you do because the UK is in a rent crisis, and the only people who seem excited about ‘property investing’ are the TikTok landlords who want to make you rich. [Watch the first episode in this series here: • Rent crisis: why is re... ]
Landlords say the worst housing crisis in decades is not their fault. And they’re sick of being cast as the “slumlord,” “parasite,” “bad boys”.
Years of government tax changes and tougher regulation, paired with soaring mortgage rates and new rental reform, has many traditional landlords saying it's not worth being a landlord anymore and warning of a "mass exodus" from the market.
And experts insist that would be bad news for renters.
But while those who've been in the business for years threaten to leave, a whole new generation of landlords are coming onto the market - and they're doing it via TikTok.
Rebranding themselves as ‘property investors’, these #PropertyTok landlords are teaching their social media followers how to buy and rent out property to tenants - and get rich in the process. So will these influencer landlords save renters?
Produced, presented and edited: Milena Dambelli
Produced, filmed and edited: Frances Rankin
Executive Producer: Kieron Bryan
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Watch more of our explainer series here - • Britain on the Brink
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[@ryanrizzajones]

Literal parasites on society

[@beautanner8409]

To the question "People want to own a home, but you're buying up all the houses", the guy responds "I'm not buying up all the houses, I'm just doing what I do and taking care of my family" - yes you are, by buying up an outsized share of scarce housing lol.

[@paulgibbons2320]

Capitalism inspired narcism. As long as I'm alright jack. Fxxk everyone else. It's the mental illness which drives capitalist society. They don't respect you, they just want you to wake up and see the world the same as them.

[@cadcad-jm3pf]

So your solution is to blame the economic agent for doing what's good for them in a market economy? Rather than address the reason why the market doesn't properly react to more demand for housing by increasing supply? The USSR collapsed in 1991, you should have learned something by now, comrad.

[@paulgibbons2320]

@@cadcad-jm3pf The market economy disproportionately favours property owners. So it's a valid complaint.

[@cadcad-jm3pf]

​@@paulgibbons2320 It even more disproportionately favors business owners, especially so those who possess "means of production". Government interference, however, has historically been proven to be far worse than the issue itself. This whole line of thinking is akin to some Venezuelan dictators blaming their economic collapse on "speculators" who selfishly bought up all the bread in their country. Question is, if you are willing to take centralized control of the property market and to ration it, what else are you willing to ration?

[@paulgibbons2320]

@@cadcad-jm3pf That's a perceptional game. In difficult times is rationing and moderation necessary? In war time for example. Would you discourage rationing then ? People do have to moderate and regulate people who put profit before people. It's becoming far far more necessary. The price of pharmaceutical drugs for example. They make things for penny's and charge national health service a scandalous disproportionate price. It's literally holding them to ransom. Capitalists refuse to moderate themselves. Shelter is a basic human need. These people can't go and build a shelter anywhere they want because people who existed before them put a fence around it. It's simply not right these people are aloud to exploit peoples human needs without moderation or restraint.

[@terrygrady8413]

My landlord bought 3 houses in my area 20 years ago. they cost less than £20,000 each. He never repairs the houses and they are falling apart. He told me he had to raise the rent by £200 a month just to cover the 5 recent interest rates. I worked out the amount he says he has to cover. This means he has mortgages of £80,000. He has 5 holidays a year and my house has rotting window frames, no gutter on half the house. Houses are homes and greed is pushing up house and rent prices. It must stop. Councils must compulsory purchases rental homes and keep rents down. In my area the DWP set a housing benefit cap at £480 PCM. The rent for the homes in this area are £650. How on earth can people find a home in they have to claim benefits.

[@chriskaye1997]

Or here is an idea… MOVE OUT. Don’t like it? Then leave! You can find somewhere better for the same cost.

[@terrygrady8413]

@@chriskaye1997 That is impossible in my area. I am disabled, you may want to look at what I wrote again. In particular the last sentences.

[@DK12_]

People on Benefits can't be picky. You do less than average you should expect less than average.

[@terrygrady8413]

@@DK12_ What an arrogant ignorant reply. I am on benefits because I am retired and disabled. If you read what I wrote you may understand that the landlord is not running his business correctly. Houses must be maintained or they fall apart. People that are disabled have the right to a decent home. My home is well below average. All the soffits are rotten and falling off. The attic is full of birds.

[@gerekgerek9042]

@@DK12_ Found the slumlord.

[@Nigelfarij]

£180 / course, 1700 sign ups. That's £300,000. He makes his money from selling courses, not property development.

[@tuvaaq]

Trump University

[@stephenwalker2924]

That's the influencer bit. The landlord bit is almost an afterthought. Every time I see an ad on KZbin with some business person on it selling/telling me how they made all their millions...I ask myself: why are they telling ME how THEY earn a living? Why don't they just fook off and go and happily make their millions? Why is it so important that they run a short free course that shows ME how to earn what THEY earn? Why do THEY want to share all their money-making secrets with the world and ME? Then I say to myself: "oh, it's that BS-spouting snakeoil salesperson again..."

[@metastract]

Yep. Selling the opportunity itself has always been the most profitable opportunity online since internet business began. Took a while for people to start realising this though ...as always.

[@steelcitydomains2356]

Cheap then at the side of a pointless 20k or 30k on a degree yes?

[@truth.speaker]

Is no one going to address the fact they were literally sat in a property he renovated? There is no reason why he can't make money from both

[@jonathanjonathan7386]

meanwhile the presenter woman plans her next trip away in an... airbnb

[@seanrm]

What happens when millions of renters reach retirement age and their state pension won't even cover their rent?

[@nauxsi]

Go to a country where it is cheaper to rent.

[@catiq7246]

MassHomlesness explosion

[@paulgibbons2320]

We are about to find that out. First generation renters are approaching retirement. It's going to be like the third world hits us.

[@clifflewisjr5234]

It's already happening all over the country.

[@biasilva6005]

My neighbour was in her late 60’s and autistic and was kicked out of the house she lived in for the last 15 years because the landlords decided to raise the rent and she refused because she couldn’t afford it. They got enforcement agents to put a paper saying so in her front door and she had to leave, get emergency temporary housing and leave all of her belongings behind as she wouldn’t have anywhere to put them or means to pay someone to transport so many things. It’s the last 15y of her life just taken away.

[@AntonioBianh]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@JenniferDrawbridge]

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@MarkFreeman-xi3rk]

Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance Long story short, its been 2years now and I’ve gained over $860k following guidance from my investment adviser.

[@cythiahan8455]

@@MarkFreeman-xi3rk Interesting Mark. I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, do think your Inv-coach could guide me with portfolio-restructuring as i wouldn’t mind a recommendation.

[@MarkFreeman-xi3rk]

Actually, I've shuffled through a few advisors in the past, and “ Margaret Johnson Arndt” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.

[@SophiaChristian-so2of]

Insightful... I curiously looked up her name on the internet and I found her site and i must say she seems proficient, wrote her an email outlining my objectives. Thanks for sharing.

[@lukebowler7946]

Imagine if people could buy all the water and electricity in the country and could rent it out for a profit...

[@AP-di8sy]

and the air.These are our basic needs, shelter included.

[@AndriyValdensius-wi8gw]

Air. Now why has nobody thought of that ? British Air. Easy payment. Pay monthly on a fixed term contract. OR you can have a meter fitted to your windpipe, pay as you breathe. Of course the Tories would soon sell British Air to Saudi, Kuwaiti and Qatari investors. There really is very little space remaining for satire these days.

[@paulgibbons2320]

You think they have not thought about it? I'd bet a kidney they have thought about it. Surprised nobody has taken that on dragons den.

[@AP-di8sy]

We shouldn't give them the ideas!@@AndriyValdensius-wi8gw

[@clifflewisjr5234]

It's coming now that you mentioned it. Some things are just not worth mentioning. You just blew it.

[@TheGreatLeslieBand]

The guy saying ‘were the bad guys now, landlords are the bad guys like bankers were the bad guys’. But BANKERS WERE THE BAD GUYS!! Stop treating property as investment! It’s a home, is a fucking right.

[@Michelle_Schu-blacka]

If you thought finding somewhere to live couldn't get more depressing, the social media kids are doing it now.

[@anthonyharris2930]

It'll eventually be hard for anyone to buy a house and then the same evil landlords will be complaining their own kids can't afford a house. Karma will happen

[@truth.speaker]

In all fairness, it's easy to buy a house up North. I just got a flat for 44k It's in a nice area but needs absolutely everything cleaning up and redecorating If your deposit were 5 grand, could you afford a flat?

[@Michelle_Schu-blacka]

@@truth.speaker Not sure I'd get a mortgage, but I'd consider a move 'oop narth', in a decent area, for £44k

[@truth.speaker]

@@Michelle_Schu-blacka peruse Rightmove and speak with a mortgage advisor You may be surprised what's available I consider it prudent to buy a home now because they are still affordable. I think other people may catch on and start buying up North in coming years

[@nyakwarObat]

​@@truth.speaker up north where exactly?

[@beasttitanofficial3768]

"They just don't understand what I'm doing". You're being a parasite, babes.

[@davescott7680]

If the landlords making enough on rents to cover their mortgage and make a profit. The issue isnt that the renters cant afford the house, its that our systems punish the poor. Government should build social housing, rent to buy, and most importantly, when they make money back use it to build more.

[@philiphawkins4684]

Council houses use to be where people rented if they couldn't afford a home, most of these were sold in the late 80s and 90s.

[@Lee-ew8dw]

This ^^^^! The Gov abandoned it's responsibility to provide social housing and passed it to the private sector. They sold the council housing and failed to reinvest and rebuild. Typical privatisation. I'm looking at you Tory boy !

[@sutty85]

Half given away and half sold. Funny how noone mentions Toni Blair's open door policy back in the 90s. Added population has a hand in this too Something lefties Never want to admit.

Council houses are supposed to be bought by the families originally. Not rented by landlords.

[@jazy3091]

Oh dear, oh dear, "we need landlords because without them there will be no houses to live in"! How about we build more social housing eh? How about providing a good quality accommodation as a social right, and then when the market is freed of those who have no choice, the landlords can improve their houses to the point that they're a good deal to be paid for? We DO NOT NEED LANDLORDS! We need houses.

[@rpospeedwagon]

So are you paying $30,000 if your heating/AC system breaks tonight and needs replacing? Because as a renter you're not. Too bad if you own if though. Hope you brought your wallet.

[@yekida]

@@rpospeedwagon I've spent in total 2 years in rentals with shitty heating and no AC... oh and one with abestos in the roof we didn't know about... and ants... it may be arrogant of me to say but in a way, I feel I could manage

[@95ellington]

Sounds like you should be living in Eastern Europe.

[@jazy3091]

@@yekida I "love" how landlords always bring this one little point of "sometimes things break and we have to buy new ones!!1!". As if renters wouldn't have savings IF we didn't pay majority of our salaries to the landlord. a £30,000 for a boiler is a lot, but if I owned my place I could easily take a loan and buy a good quality boiler that will serve me years instead of the cheapest that landlords always chose.

[@svenerikmoeller8809]

Oh dear oh dear, by the sounds of it you want folks that work hard and contribute all their efforts so you can have free housing! By the way you do need landlords by the sound of it and since I am a landlord with three properties I really don’t need you of your types, why bother

[@nish663]

Landlords provide housing in the same way that scalpers provide tickets.

[@NeilEvans-xq8ik]

They provide housing like slavers provided food and shelter for their slaves. But that didn't mean that they were morally good nor that slavery was ok. Both were profoundly evil.

[@tictoc5443]

​@@NeilEvans-xq8ikrenters have the freedom to buy No?

[@NeilEvans-xq8ik]

Slaves had the freedom to enslave, no? No; they did not, because all of their resources were consumed by their masters. This is the nature of oppression.

[@liveuser8527]

​@@NeilEvans-xq8ik so Landlords didn't LEGITIMATELY buy their property?(with jobs providing services to people)

[@NeilEvans-xq8ik]

Not always. A lot of the time it's handed to them on a plate by their parents, who also exploited people in previous generations. But even if they did, it's not ok to work your way into a position in which you can exploit others. You should work hard to create wealth, not to steal it from others in the form of rent (landlords) or wage theft (employers). If you do that then those others cannot thrive like you want to thrive, and they are just as important as you are. Just think of how hard the old slavers used to work to set up their plantations and acquire their slaves; no easy task, I'm sure, but an evil one nevertheless, and so one that they should never have engaged in... Thanks for you response, btw; I think it's important to have these discussions. Take care.

[@SebAnders]

Can someone explain how using a £39k student loan to buy a house isn't fraud?

[@Grandpa_Grinch]

I was wondering that & him promoting his story of how he done it will encourage others to get these loans to do what they want with the money

[@NeonVisual]

The real crime is putting students into £39k worth of debt for all jobs which require a degree, which these days is pretty much everything above retail.

[@steelcitydomains2356]

He got it off family for the 1st one

[@truth.speaker]

Probably is. But if he repays, is it truly still fraud? Probably never going to get punished

[@Robert-cu9bm]

​@@truth.speaker Yes, it's tax payers money to help people with living during their time at uni. Not to use it as a deposit for a house.

[@HowardCharlesUK]

Landlords don't provide housing, they restrict it

[@lineage13]

A landlord by definition provides housing. People who buy homes to live in do not, people who buy vacation homes do not and people who buy for Airbnb do not.

[@chaselee86]

So what's your solution? Just ban investors and private landlord all together, that will solve the problem isn't it?

[@Stuark54]

Let’s be honest the only bad landlords are the ones who borrow to let. I think if we banned banks from giving loans to those sorts of people then I think things would improve. That way only the ones who have built up enough money to actually buy a house in full will be able to be landlords. There’s just too many of them!

[@neanda]

@@chaselee86 yes. housing is a human right, not an asset on your portfolio. invest in innovation, not in trying to restrict people's ability to live.

[@chaselee86]

@@neanda If there are no landlords, the only supplier of housing would be the government. If all people live in council house, where does the money come from?

[@danielkey1463]

We are already in a big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.

[@mariahhayes5089]

Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as 'MARTHA ALONSO HARA" who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner.

[@greenquake11931]

@@mariahhayes5089I want to build a diversified portfolio based on my personal income. I am easily triggered/highly emotional, which could be detrimental to my portfolio. I hope I am a patient and systematic person. day trading is not for everyone and multiyear holding is not for everyone. I know my strengths that's why I need proper guidance to be able to venture.

[@mariahhayes5089]

@@greenquake11931 I have saved myself from all the hassle that chaotic market causes. These days the best way to come into the market space is by reading, studying, being patient, and seeking guidance when necessary, due to my line of work I can’t handle my portfolio so I just copy the trades of my FA. I saw her on Bloomberg business news. It’s been smooth since then.

[@greenquake11931]

@@mariahhayes5089 how can I reach this person because I am in need of a better investment approach.

[@mariahhayes5089]

@@greenquake11931 'MARTHA ALONSO HARA"

[@TheWebstaff]

"Not everyone can afford to own there home" Except renting is more expensive?...

[@TwistyTrav]

Yep. Not everyone can afford to own a home, because they're too busy struggling to get by paycheck to paycheck, since they're rent is so high & they're unable to save for a down payment. In reality, they could theoretically afford a mortgage in lieu of paying unaffordable rent.

[@zhaw4821]

@@TwistyTrav Get another job... Or two

[@paulgibbons2320]

Exactly. And they price fix specifically so you can't afford it and have to rent.

[@paulgibbons2320]

@@zhaw4821 I did that. My landlord put rent up twice that year. Never again.

[@nzuriparker9038]

Exactly, and then at the end of the day, no matter how much you rent, you'll never own the place you've effectively paid for.

[@WhichDoctor1]

Housing is something everyone needs. It shouldn’t be up to the whims of the market whether people can afford a roof over their head or not. The government should build good quality homes and then rent them out at cost, so the people screwed over by landlords and banks can have secure places to live without having over a third of their income siphoned off to pay off the mortgage on someone else’s asset

[@paulgibbons2320]

Exactly right

[@madameversiera]

Right, if you pay 80% of your income on rent, this is speculation on housing not just rent.

[@paulgibbons2320]

@@madameversiera it's speculation on somebody else's housing. How is that Going to help his situation. Call it what you want. I prefer the term pick pocketing.

[@hatientacetlen4246]

"Landlords aren't the problem, the problem is there aren't any new homes being built." There can be several problems. If your house was on fire and someone was outside shooting at you with a machine gun you wouldn't say "The guy shooting at us isn't the problem, the house being on fire is the problem." We need more houses and less landlords.

[@alexanderevanska4274]

It's not time to get rid of landlords. It's time to get rid of greedy bastards that masquerade as landlords, that includes some corrupt councils.

[@tgoddard1988]

Agreed! I think the council need to introduce rent controls! I’m living in a small 1 bed flat in a bad area, no where near town centre even, but my rent is £800 a month! And my landlords haven’t even put my rent up yet!

[@boxingtruth2167]

You will never get rid of the greedy It’s not landlords that make the money it’s the bankers Property is a very poor investment Far far better returns out there

[@wingaard]

We should ban foreign landlords investing in the home market!

[@boxingtruth2167]

@@wingaard ban everyone

[@rayosullivan4398]

This is not North Korea although not far off

[@jacqueline5625]

We don't need more landlords and we don't need a profit motivated housing structure. We need more housing cooperatives and we need to remove the profit motive from housing. Full stop.

[@Mr.Edd3905]

AirBnB needs to be regulated

[@BrokenSoldier1515]

Airbnb needs to be stopped 😡😡

[@marklasy6209]

That’s what jealous people say

[@cubey]

​@@marklasy6209 keep on 👢 👅

[@XTSu-sl1bb]

The main problem is the government stopped building homes. It’s getting blamed on landlords but it’s the lack of property getting built

[@chaselee86]

The population is not rising much. And I've seen a lot of new built around the cities. So why would there be a lack of new property? The problem is not the lack of new property, but lack of property for rental. It is because landlord find it more profitable to sell the house, or do AirBnb / short-term rental as the video has suggested. It is market driven. Regulations and taxes are only going to get it worse.

[@lolyeahright4159]

More like all the illegal immigrants they put in the houses

[@davidz3879]

@@chaselee86 The population is increasing by hundreds of thousands per year.

[@annaisiomaful]

Social housing to be more specific but yet you’re right

[@neanda]

do you know how many houses are empty, especially in London, and landlords don't care about the rent because the house prices are going up more than the rent they could get, and without the hassle (owning a house is seen as an asset on investors portfolios rather than a human right, and that's wrong). it's only sharks who buy houses they won't live in, it then increases the house prices by restricting the availability of housing. it's blamed on landlords because people shouldn't ponce off people who just want somewhere to live, it's awful to make money from people who just want to live somewhere, and i don't care how you try to defend it, this is simple, and that is wrong

[@So_Cato]

He rents the rooms individually? Good God, the greed...

[@drwalka10]

You must be pro homelessness

[@davidocallaghan6361]

Not greed. Business. My parents are landlords. 3 properties in Cork. They make a tidy profit. Does that make them greedy? My friend had recently bought a house. He's currently in the process of splitting it into 4 apartments to maximise the monthly income. That just makes him an intelligent business man. Welcome to capitalism. If your not successful enough to own a home that's your problem. Don't begrudge others making money off people's need for a roof over their head. Supply and demand is the basis of the economy.

[@AJ_Cricket_Fish]

@@davidocallaghan6361At least you're honest about their exploitation. To answer your question, it makes them fucking lecherous cunts

[@greggg34534]

@@drwalka10 how come the soviets deleted homelessness with blocs of government owned apartments?

[@notroll1279]

​@@greggg34534 They didn't, really. Their aim was to provide 8 square metres living space per inhabitant but never reached that throughout seven inglorious decades of partly bulldozing old buildings, partly splitting existing flats into "komunalkas" - where entifre families sometimes had to share a room - and building those faceless blocks.

[@murk1470]

new word for landlords: property barons

[@CarlosValenzuela-sx9xb]

😂

[@OLDCHEMIST1]

We rent and I accept and understand that the landlord is not a charity and is entitled to profit from it, but our property is in a poor state of repair and looks like something from the 1970s. Our rent was originally on the low side and so we didn't trouble them. The property was sold and the present landlord has put the rent up substantially so that the the rent is now close to the high end. I wonder how such people can sleep at night knowing that the people they are dealing with have to make serious cutbacks in their everyday lives, making it much more unlikely they will be able to afford any "luxury". Even having a very modest holiday becomes a real struggle. The managing agents are totally unsympathetic as they just say we can move if we don't like it!

[@drwalka10]

Who is forcing you to stay

[@OLDCHEMIST1]

@@drwalka10 Lack of money, my partner's friends and family being here. ,her being ill. Enough for you?

[@tommann9490]

Everyone should be able to buy a property. Landlords and sky high rents prevent that.

[@HT-vd4in]

What hinders people on going out to an empty plot of land and building new homes? There are plenty of reasons why this is extremely expensive. And these costs are themselves reflected in the high rents. If building would be cheaper, market forces would push down prices. We need to look at the high costs of building new houses.

[@randyvalantino6850]

Council houses have rent caps they are also long term rentals . The uk government sold all the council houses and have not replaced them . Now they are trying to turm provate rentals into council houses . Private landlords are temporary rentals not long term .

[@morganoox3838]

Why can't anyone think about this? We DONT need more landlords. If we had less landlords we could BUY those homes the landlords wont be buying, and the cost to own the house will be LESS than the rent, because YOU DONT NEED TO MAKE PROFIT ON YOUR OWN HOUSE. Also, if you have a problem, you can fix it yourself, and not live in fear of being kicked out.

[@HT-vd4in]

What keeps you from buying your own house, when you don’t need to make a profit on your investment? Only cheap talk no hard walk…

[@liberalbias4462]

​@@HT-vd4inthe price is to high. Do you see the problem.

[@HT-vd4in]

@@liberalbias4462 Why it is the landlords fault, that building new houses is expensive? Please explain. The land price of an empty field is very cheap.

[@Wolfdude123]

@@HT-vd4inbecause when landlords buy houses this decreases the supply of houses, when there are less houses the prices go up because they are more rare just like diamonds vs pebbles, it is easy to find pebbles but diamonds are not easy to come by, so are more expensive

[@HT-vd4in]

@@Wolfdude123 We should talk about building more houses, when we talk about supply!

[@Whoo711]

lol That guy really thinks "only 20%" of landlords are really-bad? Please It's probably more like 50%, AT LEAST maybe 75%, if not higher

[@svenerikmoeller8809]

Lol, we get the same sentiments as yours here in Australia. Everyone against landlords without realising that 71 percent of all landlords own only one building!!! After mortgage, tax and council rates we tend to make less then what they unemployable losers get from the government that we fiscally support. So in that maybe do what I have done , work and save!!

[@wafflingmean4477]

Landlord: "If we all left the market, then there would be far less housing available." So he's threatening renters in general. He's saying that he'll keep his properties regardless even if he couldn't rent them, hence there being less houses if he left the market. If he sold it there would be the same amount of houses. I don't know if he realised he is saying "pay me money for a human right or I will force you onto the street". And he thinks he's the good guy. This is how far gone the rich are.

[@nianix1141]

^ spotted the commie. 🎉🎉❤❤

[@rpospeedwagon]

You think landlords would "burn" their assets to spite the "poor?" You clearly don't understand how the world works.

[@wafflingmean4477]

@@joshu1898 You'd be well within your rights to make that demand if I was rich, hoarding humanity's resources for myself out of greed. Unfortunately for both of us I'm not rich. Try knocking on Bezos' door. Or if you want a more manageable target, try a landlord who owns seven damn houses.

[@prettykitty5416]

Well what are you gonna do? What are your other options? You either pay or go without. Everything works like this. You can’t afford food then you starve. You can’t afford gasoline then you walk. You can’t afford a car then you take the bus. You can’t afford a home then you rent or live in a tent. When you can’t afford something you simply go without. It’s sad but this is how it’s always been. Exactly who’s fault is it that you can’t afford something? We all out here struggling.

[@Standard_Jay]

They are nothing but speculators , no different than anybody putting money into equities. Difference is landlords don't understand risk and expect the market and conditions to always be in their favour. Reality check incoming.

[@vmoses1979]

Actually the difference is that they can get a mortgage for at least half the value of the property. This is way better than those speculating in stockmarkets.

[@Standard_Jay]

​@@vmoses1979They are not very clever "investors" given equities are liquid and gains have far outstripped property over the years. Anyway these chancers are gonna get wiped out pretty soon so happy days.

[@vmoses1979]

@@Standard_Jay You are not factoring in debt financing by saying gains in equities outstrip property. Since the 80s - anyone with property has done really really well particularly considering cash on cash returns. Imagine you bought a decent property in Central London in 1993 with 20% down- you're looking at much better returns then the same cash amount put into the FTSE 100. There will always be demand for homes so the wipeout will be limited to those who entered last and those with the least equity.

[@Standard_Jay]

@@vmoses1979 Wrong. Recent report citing data from the BOE and Morningstar showed that £1 invested in 1983 would have yielded £3.63 in property but £10.02 in the UK stock market.

[@vmoses1979]

@@Standard_Jay Good one. If you're gonna go that route - cite the end date for calculating the returns. Then provide a link to your claim. Also understand that anyone can pick and choose a particular period to make a certain asset class attractive or unattractive. As an illustration - the FTSE 100 was at 6500 in 2000 and 23 years later it's at 7500 - sorry but property owners have done much better in the time period. Finally - how is property defined? Are you talking about central London or rural Abeerdenshire? The metrics are completely undefined. I don't think you understand the point about leverage juicing returns in real estate.

[@kateskeys]

HI FROM NYC - I HATE MY SCUMBAG LANDLORD

[@livelife5947]

Private landlords need to be banned. They’ve completely destroyed the housing market, pushed prices up & iced first time homeowners out of the market. The fact that this has been allowed to go on for so long is disgraceful.

[@ForgottenKnight1]

Sure thing, but first, the state should buy their properties at the current market rate (not some flimsy "aproximation" done by an "evaluator") and then the state can decide to redistribute however it likes and to whomever it likes.

[@brp361]

Oh no! Won't someone think of the poor landlords!

[@imacyclepath440]

Bottom line. If you own your private property you should be able to do what you want with it.

[@sarahmyob6862]

In Canada it's hard to find a private landlord and these management companies ask for up to 2yrs rent up front, the one with the most rent up front gets the place. The application process is like a mortgage application leaving your personal information at risk before knowing if you get the place. They demand application fees that are non refundable and ILLEGAL.. Rent has doubled tripled and quadrupled depending on where you want to live. It's really bad. Our government has invited millions from India so we are outnumbered in town here. Homeless seniors and disabled people on the rise something we've never seen before and turdo plans to invite millions more with absolutely no plan for the housing and basic necessities of these People! Many are now also arriving by walking in from USA.. We already have a huge homeless population that hasn't been addressed and even on some of the coldest nights of the winter, the government does nothing for the homeless Canadians but I haven't seen any Muslims sleeping on the streets yet in our town.. It's insane! At least with private landlords you can sometimes appeal to their humane side. With management companies they do not care. You could have the saddest story and misfortune and still they're going to give the unit to the one who has more money to put down on it. Having good credit and references is nice you have to have that too,, but money talks.. And they don't follow the landlord and tenant act. They just do whatever they want and nobody stops them..

[@nicklasmillner101]

I'm so lucky I have a landlord who built my unit . Best in the world 🌎

[@RockinJohnny]

Yes the sooner the better, introduce a fair rent system

[@splottcardiff3993]

In Wales landlords must be registered with rent smart wales, EPC D or below (soon to be C), EICR Certified, Gas Safety Certificate, standard occupational contracts, no s.21’s, legal fit for human habitation tests, rent can legally be withheld, if repairs are not completed to a set standard, financial fines imposed by LA enforcement, delayed legal response, reduced CGT allowance, s.24 taxation, increased council tax on 2nd homes (during void periods), immediate council tax premium to be paid during sale period, increased mortgage base rates (SVR), rental caps (in Scotland - potentially adopted nationally?) and a range of other complex legislation. My personal opinion is there are far more simple and lucrative returns to be had, as opposed to taking unnecessary risk of potential property destruction and withholding of rental during timeframe obtaining a possession order. This resulting in landlord leaving the market, less SA tax returns, and more need for government housing. Trying not to be negative but simply realistic.

[@mikeincalifornia]

Not a single solitary one of those things in California. No direct government involvement in rent at all, altho tenants do have a lot of rights once they're in. You don't have to register as a landlord at all or inform them that you're renting. You must report the rental income on your annual taxes, federal and state, but nothing involving the county. No inspections or anything like that. If you sell your house there are no sales taxes at all. Capital gains tax if you sell it for more than $250K than you paid for it, but only on the part above that. If I sold my house today I'd get to keep every penny of the sale price. No fees or taxes at all.

[@revorocks123]

Its funny that despite all those things you listed, people still wonder why rents are going up.

[@boxingtruth2167]

An educated comment….while so many are clueless

[@edithnackers7127]

And councils are now charging excess taxes on empty/holiday homes in Wales! I welcome a crash in house prices so more people can afford to buy their own homes in the places they want to live/work in. Secure and affordable housing is a basic human right.

[@marcielynn4886]

All landlords are not rich. Some just need help to make ends meet.

[@doisenwadzinski6171]

Landlords are a leech on society. They destroy good first home's and turn them into 8 bedroom shoeboxes and destroy property values. My entire hometown is this. There are entire subdivisions in my town that are rentals or air BNB's. People are struggling to find affordable housing and what affordable housing they did make, it got taken up immediately because the demand is higher than the supply. When a single person owns multiple properties whilst there are those in society that don't have a roof over their head, then there is a systematic societal change that needs to happen. Most of these places are charging well over a grand a month for shitholes.

[@dlc2479]

Tom is even worse than a typical landlord hes turning family homes into HMOs...

[@ssuwandi3240]

HMO is no longer profitable for landlords. But the new rules in rolling tenancies and rent arrears could work out with a qualified tenant.

[@dlc2479]

@@ssuwandi3240 how so? I think HMO yields are better than vanilla BTL?

[@chaselee86]

He's turning them into vacation homes, serviced apartment or Airbnb.

[@steelcitydomains2356]

He's actually or anyone with HMOs are offering an affordable way to live comfortably and allow renters to save one room in a co-living place 400 500 maybe tops...1 bed flat ..1000 Inc bills etc...literally nothing left ....do the math or educate yourself please

[@steelcitydomains2356]

​@@ssuwandi3240plenty profitable just most buying have no clue where or what to get sadly

[@tobes1902]

Credit to the young lad who risked his own money to buy dilapidated properties and got his own hands dirty to turn them into livable accommodation again. He has put otherwise inhabitable properties back in the housing stock with his graft. 👍Rather than sitting there and moan like the journalist, he's actually done something useful to the economy

[@andrewh2u]

My first house was purchased in early 90's when interest rate was 13 percent.... it took about 70 percent of my primary paycheck and I had to work a secondary job at weekends to survive and both were low pay! However, given the lack of affordable private Rental property and the huge waiting lists for government Rental property the only option was to dive into ownership. Gutted all my bank accounts and savings and sold all my assets for a downpayment, then slept on a secondhand mattress on the floor of one room in the property with a fire since no other rooms had heating or were liveable. No water to the washroom and one faucet that I plumbed straight from the incoming water pipe and no electricity - that hovel was all I could afford! Well, that and a busted up old motorcycle. This is not the first Rental crisis or cost of living crisis - we have been here before... and sometimes worse. If the Government had not sold off all the subsidised Rental stock or had built replacement mass Rental housing stock afterwards, then things would look much better with private landlords taking up the more niche properties which dont fit into the large scale Rental housing model to provide choice. The Rental crisis is not that we have too many private landords but that the Goverment has built no large scale standardised mass Rental housing stock to deal with the most basic housing requirements of an ever increasing (even with declining birth rate) population who have need of affordable accomodation.

[@LyricalLacerations]

The narrative, renting is the only option. Well not really. When thatcher sold all the housing stock and failed to build or buy more. Rents started to go up because public housing artificially kept the rents low by giving them a different option to private hosing. The problem now is that the UK needs housing, and everyone has realised that in a cost-of-living crisis. Landlords are not viable. Landlords need to go.

[@hersdera]

The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!

[@shaxei7116]

So the problem isn't landlords, who buy family houses and force families to take on their "investment risk" of interest rates rising by increasing their rents while they buy lamborghinis. It's young landlords who don't call themselves landlords and encourage others to become landlords so even fewer hard working families can own houses rather than pay these 28 year old landlords to take trips to go jet-skiing the UAE. Can we just ban owning properties you don't live in, and while we're at it ban tiktok?

[@sambines3463]

It is crazy that landlords think they are not causing the problem

[@gaptaxi]

If there were no Landlords where would people live? After the Witch Thatcher sold off Council Houses it just opened up a buying frenzy to make a quick killing. Maybe every Renter should get an option to buy clause in every contract? But that kind of smashes anybody´s rights to ownership as well. Giving Mortgages to poor people didn´t help either, and we had to bail out the banks because of them. A Council House has a Landlord as well. The Council.

[@Phil-bc2sd]

The landlords are not the problem

[@leafa95]

The landlord's are not the problem the problem is not enough homes

[@Theother1089]

And too many people

[@lordsummerisle852]

What about developers creating new homes. Are they a " problem"?

[@grow-evolve]

I am an unintentional landlord and ended up renting after my Nan sold her house. Most tenants have been really good and I try to keep to all the regulations and do all the repairs. Selling up now though as it’s not worth it anymore. My monthly profit is around £400 per month (on two properties), and it’s often a part time job with repairs to do which I don’t have enough income to delegate it myself. If you struggle financially as a landlord, zero entitlement to any benefits for food etc. It’s not worth it anymore so selling up. I will be interested to see what happens when most landlords have sold which is what they are doing now. The end result is the landlords remaining can become very choosy, and anyone who cannot buy has to continue to rent in a market where there would be hardly any rental properties left. The government should force mortgage lenders to stick to a 3% interest rate like in the US and then also force people to be able to buy property with a good credit rating without any deposit or with a much smaller deposit. They should basically make it easier for everyone to buy and own a home.

[@lapraxi]

Just keep working, find a companion and live life one day at the time, or keep watching the videos of these social media clowns and lose your mind

[@raceace]

How many of those good landlords fight tooth and nail against any legislation that offers some sort of security for tenants. Those landlords who claim personal responsibility are first make sure that their tenants are responsible for paying off their investment while failing to provide any value to the tenant commensurate with the rent increases. It's all one way. The term parasite seems pretty accurate.

[@jamesodell3064]

Look like the rental market is about the same in the UK as it is here in the US.

[@TH3YGXNE]

At least In the US I could be a ups driver and earn $25/hr.

[@tgoddard1988]

I have a decent landlord, but I’m turning 35 this year and I haven’t been able to save up enough enough to get my own mortgage because year on year the house prices have gone up.. So what’s my option?? I don’t want to spend the rest of my life paying someone else to live in their home! I don’t have the option to move back home or back to my other half home! Now they bring out a zero deposit mortgage, but I’m too old to qualify! I am honestly so depressed to think that I may have to spend the rest of my life in a rented property knowing at any minute my landlord could decide to sell up! My other half and I are in a small 1 bed flat in a not so great area, but we’re paying £800 a month and our landlord hasn’t yet put the rent up, but we’re feeling more and more like it’s inevitable… if we go for a better place I can guarantee it is going to be way more expensive meaning I won’t be able to save as much… So what are my options?? What do I do!? What do the people in my situation do! I’ve never had the “bank of mum and dad”! Neither has my other half! But we’ve both worked all our adult lives except 1 stint during the last financial crisis… I don’t know anyone who has bought their homes off their own backs, it’s always inheritance, mum and dads savings, used my student loan, gifted a house by my fiancés grandad etc. But I don’t have any of those things! I know there are people who have no right to say this, but I’m not one of them; I’ve had to work 10 times harder for everything than most people my age! And what’s my reward? What do I get to look back at and feel proud of when I’m in my 50’s and being evicted from my home because my landlord died and their kids want to sell the house so they can divide the money!? I was an estate agent and saw that actually happen because the kids couldn’t afford the inheritance tax so sold up and got what was left, leaving a poor 50+ year old man who had lived in the house that was his home for more than 20 years, struggling to find a new home! We managed to find him a nice small flat with a garden, but it turned out his up stairs neighbours were terrible people who lived off benefits but still had the money to party 5 nights a week! I can’t even move into a cheaper council flat because I’m gay, my partner and I signed up for a council flat 4 years ago, so we could save money on rent, but still nothing because we can’t have kids and will always get moved further down the list by a young, stupid couple who didn’t use any kind of protection one drunken night! My other half has 2 sisters who are in beautiful houses which they pay pennies for all because they got impregnated by some guy they don’t even see anymore! But there’s no option for us! Just pay extortionate rents for the rest of our lives!

[@richmorris2870]

You're not alone

[@mannymedia6311]

You can learn to trade forex/stocks/crypto When you have learnt the skill £100 will get you a challenge to get funded £12500 to trade with. Pass the test, keep trading and invest. If all goes well you can quit your job, if you want👍🏽 Theres other ways I know in property, lease options, deal packaging, joint venture on rent 2 rent. Theres side hustles out there that could be worth trying if you look around. Theres options, theres hope 🙏🏽🙏🏽 God will guide you

[@symbioticape]

​@@mannymedia6311 mugs games. Don't take this advice, you'll lose all your savings, your gay meaning you've access to a massive niche market, see its needs and fill them. Fk rules,laws regs, and other made. Up bs, just man up and do whatever it takes to better your life. Build value for others, money is the byproduct of creating value. Rules do not exist, everything is permitted. Never tell the truth to those not worthy of it. All anyone seeks is validation so feed their ego with free pleasantries while taking their money. Kindness is weakness. Apply the Generative law. To build a castle... place your first stone today right now and set it in motion.

[@nikkion2140]

If being landlords are a good business, from which government keeps attacking them, why does not government expand their rental business of social housing? It is a deflection of government's failure to meet supply- and we as tenants fall for it!

[@Jimboy1611]

Landlordism is a parasitic practise and it needs to end. Landlordism: 1.) Harms our economy. In taking a chunk of people’s pay just for them to exist, their spending power is depleted. 2.) Entrenches the housing crisis. Houses are no longer classified as places for people to live, but business assets for landlords. This artificially inflated their price. 3.) Undermines communities. Renters have no stake in the communities they live in (in the 5 years I’ve lived in London I’ve lived in 4 houses because of the whims of landlords), so meaningful, safe communities and relationships disintegrate. Why get to know your neighbours when you may be turfed out in a few months? 4.) Degrades neighbourhoods. Renters have no incentive to keep the houses/gardens they live in nice because they have no stake in them. They don’t report graffitied bus stops or clean up litter in the street. Not giving people a stake in their neighbourhoods allows rot to set in. 5.) Degrades mental health and well-being. A secure, affordable place to live in a community you know is essential to wellbeing. Itinerant renters often experience poor mental health and the social and medical problems (alcoholism, loneliness, etc) that stem from it. 6.) Ruins architecture. Because houses and flats are no longer homes for people to live in, but vehicles for rent extraction, they’re built cheaply and nastily and detract from the character of neighbourhoods. Awful, soulless flats with insipid shrubs and homogenised retail outlets. 7.) Ruins local commerce. Property prices (artificially inflated by Landlordism) also affect business rates. This means only corporate chains can really survive now. Instead of charming and unique local enterprises, you get processions of Tesco Expresses , chain-pubs and Costa Coffees. Bland, homogenised, soulless communities nobody wants to spend time in. Landlordism is a blight on our country that’s arguably more harmful than drug dealers and it needs to disappear.

[@keithcommins]

All that and you never bothered to suggest an alternative to the status quo. I always find it hilarious how lefties like you hate landlords. Ask them what should happen instead? Absolute silence.

[@KimPhilby203]

Sounds like you want to swap places...if it bothers you so much get your own thing going..

[@paulgibbons2320]

Serfs are paying over £800 a month for mouldy crxpy bedsits. £1000 - £1200 pcm if you want 2 rooms. Then claiming it's not worth it they will sell up. Sounds like BS to me. The maths don't add up in our Ecconomy. Rent trap is a soul killer.

[@NeilEvans-xq8ik]

Set the people free!

[@royalbiscuits8442]

It depends on how much income tax and other costs they getting charged. Lets take for example £1200. Knock off 5% for letting fees. £60 PCM. We are down to £1,140. If its a flat, management fees. Say £1,000 a year? Another £83 a month. Down to £1057. Then say they are earning enough to put the full amount into a 40% tax. That knocks off £422.80. £634.20 PCM received. If the property is mortgaged its not unreasonable to expect to see that figure just disappear.... This isn't taking into account landlord insurance, repairs and renewals. etc. A poor tenant that does mass amounts of damage could easily put a landlord under. Its not as rosy as you may think.

[@paulgibbons2320]

@@royalbiscuits8442 Evidence says otherwise. Because it's well known landlords make an absolute killing. Ofcourse people are going to up sell to landlords and mark up for landlords. No way they should be passing this on. No trade is without risk. Our Job market pushes a lowest common denominator in that we have a minimum or subsistence wage. They absolutely need rents to be anchored to the minimum wage. There needs to be rent restrictions. Rents need to remain in touching distance of that figure. It's so popular because it's the last money for nothing scam in the UK. In most cases if you set the property up right at start then you can avoid further issues. I totally disagree will buy to let. Because of the need to push on price increases. Landlords always hike more than they need too. There is literally no restraining mechanisms which stop that. If these landlords did not exist more family's could buy homes. I totally disagree we need them or need more.

[@paulgibbons2320]

@@royalbiscuits8442 As for bad tennants. If people feel exploited they are not gonna respect the place. There's a pretty strong link to how people feel about renting.

[@paulgibbons2320]

@@royalbiscuits8442 give over. They do boiler checks once a year then they are good for holidays. You know it. I know it. Buy to let was a terrible idea.

[@sutty85]

The issue I have with landlords is the increase in rent every year even whne they have done zero to the property or because they want to get the max from that area. Its greedy.

[@prettykitty5416]

No every year things get more expensive so they have to raise rent to maintain a living and profit. Property taxes and fees go up every year…are they just supposed to pay out of pocket and not pay a profit and allow you to live in their homes at a discounted price? My taxes and insurance went from 740 to 950….so I raised the rent $210 extra. We are running businesses not charities 🙄

[@cassiusle]

The market is a function of supply and demand. An increase in demand will increase prices of homes and rents, but an increase in supply will lower them. The past few generations have been discouraged from learning trades, but that’s the very thing that will increase the housing supply. Regulations have increased the time to build and driven out investment. The things that lower demand are higher rates, a declining population and regulation allowing more tenants per property/lot. The “villains” are politicians and central banks. Most people who invest in property end up becoming a handyman and property manager and marketer - finding tenants, fixing, and renovating the home for the rest of their lives - I’m sure they’d rather just a pension and a reasonable retirement age.

[@taipizzalord4463]

Its not just landlords, though they are the most notable example, but rentierism in general. Under this iteration of capitalism especially (since neoliberalism in the 80s) the only way to make money is to capture and own something that is essential and charge someone else to use it. That's why you are forced to subscribe to every little thing these days. When before you could by it once and own forever. Even the few things that you buy outright like electronics and automobiles are increasingly have planned obsolescence built into them so they stop working after a certain amount of time.

[@stephenwalker2924]

If someone invented a lightbulb which lasted a lifetime, even if it cost £100, sales of lightbulbs would grind to a halt in three months. If every little thing we bought, from cars to thumbtacks, lasted a lifetime...capitalism would likely grind to a halt too. You know all this. So why am I telling you this? Don't know. Just in a typing mood tonite...

[@joshuah345]

@@stephenwalker2924 i mean Cars lasting a lifetime is very difficult with the amount of accidents and the amount of moving parts The amount is reduced for an EV, but now you have to worry about a battery that will drop in capacity over time

[@bsetdays6784]

Great video! For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

[@evitasmith6218]

A lot of folks have been going on about a January rally and said stocks that would be experiencing significant growth these festive season, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?

[@anniezeng4587]

Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

[@africanboi4542]

@@anniezeng4587 True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?

[@anniezeng4587]

@@africanboi4542 ​It's best you do your due diligence, I have my portfolio overseen by “Eleanor Annette Eckhaus” and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting.

[@boxingtruth2167]

@@anniezeng4587 no you haven’t 😂🤣😂

[@TruBeauty]

The properties are in horrible condition in my area but the rents are ridiculously expensive… Please make it make sense

[@annamariyad]

Housing providers??? How out of touch are they 😮

[@Robert-cu9bm]

Do they not provide houses?

[@rachelm1816]

​@@Robert-cu9bm Nope

[@Sasha32659]

​@@Robert-cu9bm The houses were already there

[@Robert-cu9bm]

@@Sasha32659 They're still provide the house for you to live in. They could choose to keep it empty.

[@boxingtruth2167]

Did you go to school ?

[@jesusislord8895]

Most landlords don’t even do jobs on the homes and the tenants suffer, there is loads of bad landlord, if a landlord is keeping the property up to standard then they are a good landlord, it’s literally that simple

[@uksquall]

This is the problem with this hustle grind culture, people at the bottom come to lose.

[@jamesward694]

"I love teaching people what I'm doing...." for £200.

[@zrymill]

The main problem all over the Western world is the same. Governments have not built enough homes. If there were more supply than demand then prices would go down and there would be little profit for landlords because most people would have either bought their own home or could be renting off the Government/Council. Its all governments fault. When will the British people vote into power intelligent people who will represent them???

[@idonthavealoginname]

Landlords and estate agents are just ripping people off full stop.The greed in the UK is like a disease .

[@smurgledarf]

Maybe we can rebrand them with a hot iron

[@Anita.Cox.]

Adam Smith, Henry George and chairman Mao what do they have in common, they all knew that landlords have less value then actual horseshit.

[@oscarsheen3045]

How to solve housing affordability Australia-wide: 1. Increase the spreads between the interest rate banks charge landlords versus the interest rate banks charge owner-occupiers versus the interest rate banks charge developers. Landlords should have the highest interest rate, developers and owner-occupiers less so. 2. Cut immigration, start building houses. Stop it until housing affordability improves then re-adjust. 3. Make state, federal and local laws that require universities to house their international student intake (50 - 90%). 4. Require landlords to BUILD NEW HOMES. Landlords out-bid potential owner-occupiers at home-opens. Instead, after a landlord’s 1st investment property, require landlords to BUILD NEW STOCK. Bankrolling landlords are converting existing-stock to rental-stock at a rate that can see nice family suburbs turn into rental suburbs. By requiring landlords to build new stock (instead of converting existing-potential-owner-occupier-stock to rental stock), it leads to more real estate development (more employment) and replaces the existing stock bankrolling landlords take. As it sits, bankrolling landlords can keep on taking until they amass large real estate portfolios. Never having to build a single home they take from potential owner-occuiers. 5. Halt bankrolling landlord activity for 10 years until stock catches up with infrastructure, immigration, and quality of life.

[@reallymakesyouthink]

We need to get rid of most landlords and all influencers.

[@zhaw4821]

Buy a house. No more landlord

[@rosab2655]

So basically more social housing is needed. More houses built, managed by councils, means more affordable rents, a home for everyone, and no more exploitation of tenants by private landlords.

[@hadley407]

If there’s not enough properties for regular people to actually buy homes because the homes are all being bought up by big corporations how are all these people that he’s selling the courses to going to be able to get into the market when there’s gonna be no houses to buy because there’s a shortage of supply of houses? If all these people left the market, them there would be plenty of properties on the market for regular home buyers and the market would probably return to a normal affordable price point instead of being so high that people are having to spend 1/2 their monthly income just on rent! Homeownership should be attainable like it used to be!!

[@lukebowler7946]

"Not everyone can afford to own their home" yeah... because landlords are still paying their mortgages whilst renting out, so the rent always has to be higher than the monthly mortgage rate... ban it... make landlords pay up entirely before renting and then you can force em to keep prices low, as rent should be....

[@raquetdude]

More public housing or general housing would mean ppl aren’t reliant on landlords and it would lower the cost of housing.

[@davidz3879]

Reducing the demand by not having 69m people in the UK would be better.

[@damienmorrison7226]

@@davidz3879 get lost

[@davidz3879]

@@chrysalis4126 They receive little taxation from unskilled & low-skilled people, who in most cases are a net cost to the government. A Pakistani labourer whose parents are cousins, who lives in a large council house & has several kids by his own cousin, will pay very little tax & will cost the UK a fortune in benefits & healthcare for his kids, who will have a lot of long-term health problems.

[@stephenwalker2924]

@@davidz3879 "I'm not racist, but..."

[@davidz3879]

@@stephenwalker2924 You're in favour of habitual cousin marriage? How about FGM? Let me guess: you strongly disagree with them but you're scared to say that because you might be accused of being racist if you did, so you won't say anything against either tradition. Why is Bradford the most dangerous city in Western Europe?

[@nopaynenoparty]

This needs to be split into two issues. The first is the concept of landlords etc… you can have whatever view on that (I’m not a landlord and don’t want to be one!). The second is the proliferation of ‘influencers’ where whenever I’ve looked into them they’re conning people into buying ludicrously expensive ‘training courses’ via free introductory sessions followed by pressure-selling. Essentially selling get-rich-quick dreams to desperate people.

[@stephenwalker2924]

A tale as old as time. Ah...

[@wamteng3790]

They should try selling those courses to the Jobcentre.

[@davidz3879]

A bigger issue than both is the ridiculous overpopulation of the UK.

[@anthonyharris2930]

Landlords are evil and anyone who says otherwise has their own agenda. They provide zero value in society and leech the productivity of the working class

[@anthonyharris2930]

@@davidz3879 There is no overpopulation. Only a racist boomer would say otherwise.

[@David-wp2iw]

I remember my fella dropping a litter on the street. I said - dude, wtf you think you doing. He said - I am doing good thing creating job for litter pickers. "LL logic"

[@Drew19822002]

Let's do some math shall we. The apartment down the road from me has 400 units. Each unit pays $1,300 a month in rent payments. That = $520,000 in monthly rent payments. That = $6,240,000 in yearly rent payments. If rent was $500 a month instead that = $200,000 in monthly rent payments. That = $2,400,000 in yearly rent payments. Now just looking at the numbers. I don't see any reason why any company that runs multiple apartments can't make a profit off of 2 million a year from each apartment they own. So just seeing the numbers side by side I am going to guess landlords and company's are enjoying there money making machines they have even though there machines are in control of a human beings way of life. Must be nice not having any laws limiting how hard you shake down a human being. If no one plans a up roar on this then I will have to get into the landlord business.

[@eval8862]

I’m confused. People are asking for affordable homes, no matter it’s for renting or buying. Isn’t that the responsibility of the government? How come they shift the focus to landlords? They are in the free market. The landlords can mark skyrocketing price and no tenants are interested in them. This is a supply and demand problem. However, the affordable rental housing should be protby the government. The landlords are not serving for the citizens.

[@hdw809]

There should be caps on how much landlords can charge though. And a cap on how many multi occupancies are allowed, how many homes are used for air b and b, it's all part of the problem too. We have a housing crisis and nothing is being done to make it better. It's pushing up the housing prices which means those that would have bought are now having to rent.

[@zrymill]

If government banned foreigners from buying UK property that would release alot of homes onto the market. But yes its the governments fault allowing the demand to be much much higher than supply. They should all be fined ten years of their salary for being so incompetent.

[@BeingEmilie]

This

[@roadbiker8333]

@@zrymill sure cut. foreign investments. but guess what happens to the economy of the little island that an no longer exploit the colonies, housing 69million people where there's not enough land to farm food nor have enough natural resources to power the energy sector and it's no longer part of EU?

[@vladimirofsvalbard9477]

Oh please, anybody worth their salt KNOWS that government mandates in the housing market results in shortages. It's been tried in every European nation in the last 50 years, including across the United States. It always results in shortages and a massive influx of homelessness.

[@rikardsaje]

So if you get rid of landlords where do the people who choose to rent live? Many tenants have work in that area for 1 or 2 years and choose not to buy. All very easy to blame landlords. The government interfering with the sector has only increased rents, look at Scotland it's virtually impossible to rent as so many landlords have sold up then you watch rents increase when the big companies take over.

[@fenfeeble]

This is true. My tenant has just moved out to a different part of Scotland and we had 100 viewing requests in 3 days after putting the advert up. This caused the advertiser to throttle the advert under a fair use policy. The market rent was also £925 a month when the previous tenant had been paying £750. There is just so much demand it's bonkers.

[@harmzi7214]

Landlords are causing the problem I hope this spreads one landlord renting out 10 homes and putting them on rent whilst people on median or lower wages people living in HMOs sharing bathrooms kitchens with six strangers in the house whilst the greedy landlords live in a leafy area outside london Good on the people for finally rising up against this about time

[@Foxingban]

bought a house with a student loan ? he should be arrested for fraud then

[@andykostynowicz]

What i find so difficult to understand is why if you can afford to rent you are not considered financially suitable to have a mortgage. I think the way out would be 4 fold. First build more good quality houses of all sizes and prices. Secondly governments should provide/back a mortgage for everyone. Homes must be live in. Finally all those with more than 1 home including landlords unless that home is registered company should be heavily penalised. Homes are for living in not as a safe store of wealth.

[@boxingtruth2167]

Your uneducated to comment on this

[@lloydwatts4327]

Homes in a business is a loop hole everyone uses. That needs to be banned or also taxed to the hill

[@boxingtruth2167]

@@lloydwatts4327 put down your McDonald’s, put down your “energy drink” And go and actually educate yourself on matters before you speak You don’t have any knowledge at all

[@Pokestops]

Why are you poor useless people complaining. Make some money and buy a house instead of wasting time on KZbin.

[@daddo1600]

The way I see it is there are some absolute states of properties laying empty and unlivable and investors can bring these back to life and back onto the market.

[@anthonykdramanu9158]

This is very true!

[@melvinjohnson7033]

Time to get rid of squatters, no mercy.

[@sharonvass8700]

Didn't have this problem when councils owned the council housing stock if they had kept the houses the profits from them would be going back to the council to be used by everyone in the community. big mistake selling council houses.Also private house prices would have stayed at more affordable prices for first time buyers who usually bought smaller properties to get on the property ladder these properties wouldn't have be bought by private landlords fewer buyers would have kept prices lower.

[@Shyndree]

Okay, can literally ANYONE explain how landlords 'exiting the market' will result in less houses to live in? No one ever explains how that's supposed to work, and at this stage I think it's just some empty threat to make it sound like these people are needed. If a landlord sells their property, someone else still presumably buys it, and either lives there or lets it out, it's not like that house just disappears to thin air. Perhaps I'm naïve, but I would assume that these small scale landlords are complaining that bigger landlords are buying up those houses, or are they just so salty they can't stand former renters getting their own homes and exiting the rental market where they used to pay off other people's mortgages? How is this such a bad thing? Or am I just not seeing something so obvious?

[@limestreetlab]

using student loan to buy property??

[@Phil_A_O_Fish]

The only thing that I learned from watching this 10 minute puff piece of yours, @Channel 4 News, is that some of those landlords that were shown have now rebranded themselves as 'influencers' rather than them being exactly what they are, i.e. opportunistic, greedy, profiteering parasites. If any of them are so concerned about housing people then they should have just one property other than their own homes and be content to rent that extra property out, shouldn't they? To answer your question about whether or not I hate my landlord then the answer to that is an emphatic no, this is because I rent my home through a Housing Association and they're terrific when it comes to repairs, modernisation and the upkeep of all of the properties that they own which number in the hundreds throughout the northwest and northeast of England. I've lived in my current home for almost 7 and a half years and despite the fact that I was in arrears on my rent for the first couple of months through no fault of my own - I had to wait that length of time for my Housing Benefit to be sorted out, they were very patient and it eventually got sorted out with my Local Authority and I've never been in arrears since then. As things are now I receive full Housing Benefit which means that I pay nothing in the way of rent for my bungalow and this has been the case since early 2016; my Housing Benefit is paid directly to them and I never hear from them when there's any problem with it....they sort it out between themselves and my Local Authority which keeps me out of the loop; this even happens when my rent increases annually in early April. In fact the rent was actually reduced for the first three years that I was living here which means that I've only had reasonable increases in it since 2019 or so. Prior to moving here I was living in a privately rented house and my two landlords were more intent on getting my money out of me than they were about doing repairs. Just as an example I had to wait over three years for them to install central heating in that property and a further two years for them to install double glazing - even when I left that house they still hadn't managed to finish the job and have modern doors fitted even though I'd lived there for over 17 and a half years. Furthermore I got evicted from that house by them for no good reason and shortly after that happened I went back to visit some friends in my old neighbourhood and saw that the same property that I'd lived in for all that time was fully modernised and had a 'For Sale' sign attached to its outside wall. Why wasn't I surprised at seeing that when it came to them? Is it any wonder that I hate private landlords such as those shown in this short video of yours and also my own ex-private landlords?

[@stephenwalker2924]

Housing benefit goes straight to Housing Associations/landlords because if it went into a lot of people's bank accounts first...many folks out there wouldn't pay their rent. It's because they don't trust you. Not because they love and adore you. But, hey, I'm glad your in a good place. Best of luck to you.

[@Phil_A_O_Fish]

@@stephenwalker2924, to be honest with you I wouldn't trust me either with the Housing Benefit if it was paid to me instead of directly to them. The same is true with all Housing Benefit claimants though irrespective of who our landlords are; it's just that Housing Association landlords do more for their tenants than private landlords do for theirs. A case in point is that just over a month ago when it was still cold during the day my gas boiler packed up and I rang them early in the morning and they treated it as an emergency and sent out an engineer who fixed the problem within a couple of hours - I also had a leak in the toilet ( I'm speaking literally and not using a euphemism, Ha Ha! ), there was something wrong with the U-bend and they sent a plumber out to fix it. So within a couple of hours both of those problems were solved and fixed. If I'd have been at my previous address then there's no telling how long I'd have to wait to get both of those problems fixed despite the fact that both of my previous private landlords were fully trained heating engineers and were experienced when it came to simple plumbing jobs as well. Best of luck to you too.

[@tessy28]

Honestly I understand why you hate them but some can be very very good. My previous landlord that died was really wonderful. He reduced my rent, knocked off my rent during covid and used to drive me to the supermarket and pick up my shopping. He completely redid my studio flat from scratch and always completed all repairs, we actually use to hang out and chat a lot and I even got him a gift for Christmas, it was like living with a friend. I was genuinely sad when he died. I found his body with my other flatmates as he has dropped dead from a heart attack. I bought my own investment property abroad (not in the uk) without a bank loan and own it outright and I honestly can only hope to be as wonderful a landlady as he was.

[@Phil_A_O_Fish]

@@tessy28, I can understand you being close to your late landlord but after being in my circumstances for over 17 and a half years you can understand why I didn't like my own, can't you? For them to come along and evict me after all that time for no good reason and then put their house on the market immediately after I'd moved out shows them up for the money-grubbers that they were....they owned a lot of other properties within the same town so they put profit above everything and everyone else. I hope that their other tenants didn't end up being evicted in the same despicable way that I was. Funnily enough they did me a huge favour because I eventually learned from that experience which was never to rent from private landlords again and only rent from housing association ones in future.

[@NeilEvans-xq8ik]

History shows that humans seem to be overcoming exploitation, however slowly, at least since the Enlightenment. Slavery, a reality for so long, was finally deposed in recent centuries, for example. I hope to see employers and landlords be replaced by partners in business and universal basic services for all so that nobody is left economically vulnerable to exploitation by people who don't want to work for a living and would rather exploit their less fortunate brothers and sisters. We need an economy based on creativity, not exploitation. If you are a landlord you should feel ashamed of yourself because you are essentially a slaver.

[@Tay12345]

Definitely do not become a landlord now! They got rid of mortgage relief and house prices are going down.

[@stevenweiss2148]

The man says it all. 'If you are not making a profit..whats the point?' The point is where private business ends..and government housing begins.

[@mikecohen2400]

The problem in the UK is not landlords, it’s how home purchase loans are structured, 10% down and adjustable rate mortgages, insure instability in the housing market, contrast the U.S. where a home buyer can get a home loan with 3.5% down payment, with closing cost of about 3 to 3.5 % which the seller can pay, and a fixed rate for 30 years, which they can refinance any time the interest rate falls below their starting rate. Military veterans can buy with no money down and out of pocket cost of about $500.00 everything else can be paid by the seller. The UK system is broken because of the way you finance homes, add to that a planning system that makes it hard to build new homes.

[@gamershow5944]

US Debt clock says $32Tillion dollars have been spent by our leaders and homeless get $0. When Europe comes to our country the first thing they says is "You know your government is screwing you all over. My friend is 73 and lives in his car he worked for over 50 years sometimes 7 days a week. Rent 30 years ago was $180 with everything included on the beach in Florida and rent is now $2k to $7k here.

[@darlenefire1260]

Not everybody can afford to own thier own home because it was all planned that way.

[@DavidJohnson-dc8lu]

New laws prevent Landlords just randomly pushing up prices that aren't in line with areas value and stop landlords from kicking out tenants with no fault evictions. New renters can terminate their contract after 2 months and renters can't fall behind in 2 months rent. I think it is fair. Also, it will make sure Landlords do their full background check to whom they let the property out. That said the Gov't should stop people from getting a mortgage to immediately rent, people should have to hold their mortgage for 5 years and then be able to rent. You have too many people who can get a mortgage but can't afford it, exploiting the housing crises.

[@SuperToughFish]

New laws which will be implemented in 1 year at the earliest & are expected to be watered down

[@SuperToughFish]

The population went up 40% in London in 25 years. Housing & infrastructure didn't & shouldn't. That's the problem, the demand needs to be cut off at the source

[@prettykitty5416]

If it’s YOUR homes that YOU own then you should be able to do what you please with it. Having a mortgage for 5 years before you can sell is absurd. The purpose of own a home or any property is to build wealth.

[@easytoassemble54321]

"I renovate everything to a high standard, so my tenants are happy". Yeah, son. That's precisely the reason you decided to make an investment in property. To make tenants happy. SMH. Next he'll be telling us landlords provide a service.........

[@Asoftenkameshee]

The fact that a basic need such as housing is subject to the capitalistic speculation market, is so grotesque.