Daily Mail top story......

[Spacecadet]

I disagree. Prime London will keep going up until there's a house-building program. Simply supply and demand.

At some point the renting rather than buying model will come back in to vogue and a sensible government will look at creating some solid renting laws which favour the tenant over the landlord.
Buying a house isn't a human right, having a safe roof over your head is (or should be)

[proggy]

Lots of property in London owned by foreigner, low £ = decrease in their investment. The may sell rather the risking further devaluation.

BOE is printing £ there may be a tipping point where the "deliberate policy of lowering the value of the £" becomes a slide.

Any serious investor would have hedged on the currency change, also to sell up has major costs and housing isn't exactly liquid.

[sasguru]

Lots of property in London owned by foreigner, low £ = decrease in their investment. .

How do you explain the rise in foreigners owning in London since the pound fell?
The causality would be the other way round - low pound, cheap property, fill yer boots which is what has been happening the last few years.
Foreigners like London as a place to live or holiday home and are in it for the long run.

[d000hg]

At some point the renting rather than buying model will come back in to vogue and a sensible government will look at creating some solid renting laws which favour the tenant over the landlord.
Buying a house isn't a human right, having a safe roof over your head is (or should be)

The majority of people in London already are renting and paying through the nose for it.

[DodgyAgent]

I disagree. Prime London will keep going up until there's a house-building program. Simply supply and demand.

what about where you live?

[sasguru]

what about where you live?

Where I live is just fine, if a bit too quiet for a Londoner

[vetran]

At some point the renting rather than buying model will come back in to vogue and a sensible government will look at creating some solid renting laws which favour the tenant over the landlord.
Buying a house isn't a human right, having a safe roof over your head is (or should be)

what would you like?

Protected deposit in government scheme with arbitration - Done.

fixed term tenancies during which its difficult to ask a tenant to leave even if they misbehave? e.g.Subletting, illegal behaviour etc - Done

Right to remain 6 months in rented property without paying rent while you try to evict? - Done

Right to fail to pay last lot of rent and cause damage to your property without recourse - done

anything else?


Private landlords aren't a charity. If you want a right to have a roof over your head regardless of behaviour buy a property.

If you are renting then its temporary and you may be moved on even if its not your choice. Try asking SKY to provide TV for six months after you haven't paid the bill or you have been re-broadcasting their content.

[proggy]

what would you like?

Protected deposit in government scheme with arbitration - Done.

fixed term tenancies during which its difficult to ask a tenant to leave even if they misbehave? e.g.Subletting, illegal behaviour etc - Done

Right to remain 6 months in rented property without paying rent while you try to evict? - Done

Right to fail to pay last lot of rent and cause damage to your property without recourse - done

anything else?


Private landlords aren't a charity. If you want a right to have a roof over your head regardless of behaviour buy a property.

If you are renting then its temporary and you may be moved on even if its not your choice. Try asking SKY to provide TV for six months after you haven't paid the bill or you have been re-broadcasting their content.

Why I would never become a landlord, not worth the hassle for the mediocre returns.

[hyperD]

What we need is a nice authoritarian government policy to turf out the oldies in their detached four bedroom houses and force them to downsize and stay in 1-2 bedroom places.

That way we could allow foreign investment to scoop up the empty large housing stock and cause additional demand in the first time buyers market thus raising prices further.

Of course, I'm just speculating...

[Mich the Tester]

At some point the renting rather than buying model will come back in to vogue and a sensible government will look at creating some solid renting laws which favour the tenant over the landlord.
Buying a house isn't a human right, having a safe roof over your head is (or should be)

Many landlords feel that's already the case.