Michael X and Peter Rachman - the winning team who managed to make a profit despite rent controls:Funnily enough it was a very different place 60 years ago when many of the Windrush generation were able to buy their own houses in Brixton.
Its true that at that time there were serious rent controls. Owners of properties let out basically had to wait for their tenants to die - on controlled rents!
It has been reliably reported this morning on social media that Elder Judith has now been found and reunited with her family.
Her family have thanked the police and everyone who helped spread information after she went missing.
Thank you for taking the time to draw attention to the case.
Rent controls seek to advantage residents at the expense of incomers. They're as toxic as immigration controls.
Can someone refresh me on how you get a parking permit for a plumber to mend a leak, a store to install a new cooker or washing machine or have a boiler service?
Obviously SGN don't need a permit to install a new gas meter which cuts you off remotely!
Thanks. I registered an account. Why you need an account for parking when you already have an account for council tax I've no idea.I have visitors permits. Not sure if you have to buy a block of five now or they have changed it so you can buy one at a time
It's online only now. So you have to set up an account and validate your address. If you live in a CPZ the permit is for that zone only.
When person arrives you put in the car registration into the online page.
Parking Permits Service
Parking Permits. Purchase and manage your resident parking permit or visitor vouchers. Change vehicleepermits.lambeth.gov.uk
Thanks. I registered an account. Why you need an account for parking when you already have an account for council tax I've no idea.
I suspect the contractor I have in mind will give me further guidance. Actually as their office is on Railton Road they ought to be registered themselves in the same zone?
And increasing supply decreases prices!Short supply leads to increase prices. That is how open markets work.
Two year rent freeze is not in the mayor's power to grant, so unless he can persuade Labour HQ that it's a good idea then it's just a hollow promise to support his re-election campaign.Rent freeze
Questions to the Mayor: How would you implement your proposals for a rent freeze?www.london.gov.uk
Khan talking about two year rent freeze for London. Social and private tenants.
At end of two year rent freeze he's hoping to have devised a rent control system for London.
I think he's banking on a Labour government coming in.
Rent freeze whilst new rent control system is set up sounds reasonable to me.
Of course the Tory opposes this. Not surprising.
House prices weren't low then because of the war. It was because CAPITAL was rationed.People talking about housing affordability going back to 60s and 70s levels.
For that to happen we need a WW2 like event again to shake things up a bit. It's not a coincidence baby boomers had good luck with the economy, it's all about rapid post war recovery, labour shortages and owning a larger slice of the pie.
People managed to move even though they had negative equity. The person I knew who that happened to moved from London to Leicester. Maybe it only worked if you were "trading down".The only way this can be fixed ( realistically ) is decades of economic growth ( none of that recently - thanks Dave and George ) so everyone gets richer, and enough house building to keep house prices flat, so house prices relative to wages fall over time.
I’m sure lots of people are going to tell me that crashing house prices is a good idea - nearly 15 million houses in the U.K. are lived in by their owners. This is not viable for any politically party.
Two year rent freeze is not in the mayor's power to grant, so unless he can persuade Labour HQ that it's a good idea then it's just a hollow promise to support his re-election campaign.
People talking about housing affordability going back to 60s and 70s levels.
For that to happen we need a WW2 like event again to shake things up a bit. It's not a coincidence baby boomers had good luck with the economy, it's all about rapid post war recovery, labour shortages and owning a larger slice of the pie.
It's not an age thing, it's a class thing.I sometimes wonder if the ageing population on Urban75 blinkers them to what the younger generation have to deal with.
When Im talking to Generation rent at some places I work at or watching Novara Media ( run by younger generation) the idea of rent control isn't an issue.
Here I'm having to argue about it.
Could it be some here have their old flat kept on as an BTL Investment when they traded up to bigger house ?
Could be that Khan feels he has to appeal to the younger Generation rent demographic in London.
Rather than appealing to the baby boomer supposed liberal minded who have one or two BTL flats.
It's not an age thing, it's a class thing.
Where I live (Lewisham, next borough but one from Lambeth) the people buying £7000,000 houses are young.
Quite likely this would never happen now - they would simply release money into "the system". But each boost to the money supply makes property more unaffordable for first time buyers.
Khan has gone up in my estimation now I've realised he is going for rent controls.
I'm more inclined to vote for him next time
Could it be some here have their old flat kept on as an BTL Investment when they traded up to bigger house ?
baby boomer supposed liberal minded who have one or two BTL flats.
....when i look at him i see another blair, adept at the nlp, p.r, photo-opportunities etc but a very u.s style politician.
wouldnt touch him with a bargepole tbh.
.....surely not
....ageist bollocks, gen x and even millenials are at it too, maybe even more so.