Why Rent In London Is Out Of Control Right Now

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Title	:	Why Rent In London Is Out Of Control Right Now
Lasting	:	12.27
Date of publication	:
Views	:	1,1 jt

When has Rent in London not been out of control?
Comment from : Gunnar Eðvarðsson

they need to CAP rents or people will be living on the streets
Comment from : I

Well, that happens anywhere in the world Rental Business is where owners get their needs as a source of income This should not be a charity for some reasons that the landlord's own family will suffer in the long run because of the inflation happening around the world Here in Asia is also like that anyway
Comment from : Paulie Jojo

THANK SO MUCH FOLASADE GIWA SAFIYAT THANK SO MUCH GOOD BLESSING YOU TODARY AM NO MOER IN RATE LONODO IS OUT OF CONTOR 1 NO MOER TO RATE BY BY BLACK
Comment from : Folasade Giwa

Is time to seize Russian dirty money estates and give to tax payers a possibility to have a future!!!!
Comment from : Julie JL

Australia imported too many foreign workers last 3 years Non-skilled migrants They are everywhere aound 370 000 according to news TV 9 They imported them for Corona Virus shortages of workers They are staying here now doing nothing The problem is that they have money I don't know how, but they bid and increase rents everywhere Problem can be solved but obviously this artificial increase of rents is welcome by the government The Government has issued visas to NON skilled migrants and they don't send them back after Corona virus So , pronlem is created and high bills for australian renters are not over We will see, how this punishment to Australians will end!
Comment from : Petre Mitrov

Congratulations to Nigel Farage for Brexit Job well done Mission accomplished There's no looking back Good luck
Comment from : Casey

CAPITAL CITES ARE FOR RICH PEOPLE IF YOU ARE AN AVERAGE SALARY EARNER MOVE TO ANOTHER CITY CLOSE BY
Comment from : Debolek

3:53
Comment from : Han Uyen

Blame it on section 24
Comment from : sahab the traveller

When everyone wants to live in the same City that happens
Comment from : Zelin42

WEST SIDE!
Comment from : gmshadowtraders

this is any capital city in eu
Comment from : H L

This tenant pays for an accommodation servicebrbrIt is none of his business what the LL might do with the rental incomebrbrHe might use some or all of it to service finance conmitments of the property or he might not!brbrThe LL is ENTITLED to spend the rental income on what he wantsbrbrHe might CHOOSE to spend it all on wine; women and song and waste the rest!brbrbrIt is entirely the prerogative of of the LL as to what he does with the rental income for the accommodation service he providesbrbrWe hear it time and time agsin from whingeing tenants that they are paying the LL mortgagebrbrEven if they are it is totally irrelevantbrbrThe tenant is paying for an accommodation service brbrIt is IRRELEVANT how that service is being provisioned
Comment from : Paul Barrett

The salaries in Britain are incredibly too low compared to Australia especially You can hardly survive on 1 income really 😢
Comment from : Gina Gee

Media just hypes up issues The high rents are mainly in big cities (not cities but big cities) Other places are still not that bad brRemove big cities like London, Amsterdam, NewYork, Paris, Delhi, etc are the situation is not that badbrbrSo the governments should be blamed for letting companies be established in one area alone
Comment from : firstpost commenter

Just leave all the fg cities !brI left London in 2000 I love London theres so much to do if you have the time and money !brNot worth it if upu are not rich !brI bought a cheap country house in France, good quality of simple life, Nature and silence !brI leave all the chaos and crap of consumption society to the others At the end of the day you are running after an illusionwhile landlords make money on you and you are working to make them rich
Comment from : Bérénice de Castilla

I don't need to leave, because Australia Government stealers must be pay off total amount due and deaths
Comment from : Phat Tang

That is why people doing susided
Comment from : Rinkumoni

London is one of the most expensive country to visit, year’s ago 10 euro for plain hamburger
Comment from : Paquito Ignacio

Most developed cities around the world inflated scams to me
Comment from : Sudip Modi

What did NOT help in fact CONTRIBUTED to rent increase was when foreign investors were allowed to buy UK property The vast majority of EU countries will not allow outside nationals buying BULK amounts of properties
Comment from : Li Huss

Interest rate going up, and for landlord tax are paid for the full rental income regardless of the huge mortgage interest
Comment from : Green Rachel

Look for a documentary by peter snow called who owns Britain it'll probably surprise you All goes back to 1066 Norman invasion, how can anyone actually own the surface of the planet? By stealing it obviously!! 😂
Comment from : TechTinkering

2:34
Comment from : Han Uyen

that's just insane to pay almost half of your salary on rent payment being a landlord in London must be like sitting on a gold mine
Comment from : Blackenedification

Biblical spiritual mantle ( Mike Davidson)

I was about to put another comment but i found my comment from 5 months ago lol AND GUESS WHAT! NOTHING CHANGED MUCH
Comment from : Biblical spiritual mantle ( Mike Davidson)

London is filled with utter prats
Comment from : V V

America made in war culture and gun culture and china, India, Brazil, erop countries economey culture
Comment from : om, chand, cross

👌
Comment from : Better Plus Best

$1200 a month for an apartment would be unheard of here in Honolulu, two or three times that would be more like it! Apparently that’s the case in San Francisco too…
Comment from : Anne Miura

I’d say that people are just greedy
Comment from : A Game Character

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!
Comment from : Jamie Jeff

How do the home counties compare to Central London?
Comment from : Michael Mallal

Just one last thing: you bring in people to clean public toilets, but a generation later, they don't want to do that anymore and you have to find new people who'll do it You're going to run out of people Ironic, huh?
Comment from : Phoenix Swanson

Just like the Vice President She thinks she's going to get in by default
Comment from : Phoenix Swanson

Oprah has a great life, and so do the African girls she sponsors for America But by helping to change a third world nation into a second world, she's turning America into a second world You don't benefit from Oprah
Comment from : Phoenix Swanson

That's another thing they do, they want you to end on a thought, like the later seasons of Mash It's automatic You can't turn a car into a wagon that feels every bump
Comment from : Phoenix Swanson

Well, I never thought of coming back black As a thetan I had no concept of any other race but Caucasian But this was the 1970's
Comment from : Phoenix Swanson

Think carefully next time That goes for everyone When you pick a parent, you're also going to have to put up with their siblings, their nephews, their work mates, their neighbours It's not just a race or colour thing
Comment from : Phoenix Swanson

You choose to be what you are in life and there has to be some accountability You get leeways for being born the way you chose to be, and now you want to be what you're not in order to enjoy those benefits, too So are you willing to relinquish the benefits that come with what is perceived to be your unfortunate beginnings in life to taste the fruits?
Comment from : Phoenix Swanson

Well they're slaves The rich are very clever The increase in rent is a result of the mass influx of immigrants These immigrants aren't going to revolt and take down a government that has given them residency status With immigrants set to outnumber the locals ten to one in the next fifteen years, three white families are going to be very happy
Comment from : Phoenix Swanson

My parents sold their house by Wandsworth common in 1971 for fifteen thousand pounds Now much updated it's worth nearly four million pounds Scary or what,how does anyone manage to get a mortgage at this price?
Comment from : Geoff Wright

Good Suffer The UK is xenophobic anyway
Comment from : 。 Hiss

I doubt people who have some jobs (for example, someone who works as a flight attendant) can't cope with expenses
Comment from : João Pedro Ferreira

London's a shithole
Comment from : Joestudly

Horrible to see what greed does
Comment from : Bradley Paulus

It’s massive crime rate is more of a problem Sadiq khan is a failure
Comment from : Joe

1:14
Comment from : Han Uyen

London is the 5th highest city in terms of income to house cost ( buying)
Comment from : Ray Bans

Alternative System/Solution: brYouTube video: "Global Declaration of Declaration - Fight the Power"
Comment from : Fight the Power!

Overpopulation and to many new imagrents
Comment from : Marv Kwia

Why on earth would anyone want to live in such a place that’s so overrun with violent monkeys on every street corner
Comment from : Muzzeo

Notjust a london problem, there are cities allover the world like thisBut i sense many big companies buy up places and rent out to sustain pension funds and they with estate agents push the prices up and private landlords i suspent just follow the market I could not afford to live in Aberdeen back in the 80,s because of an oil boom Did not moan about it ,thats just what it was ,moved to devon ,house was cheap ,was best move There are no guarantees in life ,and if many that moan about cost owed a house or two and were making big on it ,would they be any different to the people that do Stop moaning move or get a higher paying job
Comment from : Michael Benton

I am a landlady owing 20 properties in Bangkok The rent is down 12-15 as tenants can't afford to pay at the same level before Covid They have no money even to pay for the deposit People are struggling with high inflation We all need to help and support one another in bad time
Comment from : Supranee Benjamanee

As a realtor in my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity If they become unable to afford their homes, foreclosure becomes a likely outcome Even attempting to sell would not yield any profits This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living
Comment from : bernado felix

Keep bringing loads of immigrants into the country and see how high rents and prices will go
Comment from : Kevin Heath

Not one mention of the real cause for the constant increase in demand
Comment from : Lee

You do an interview with the Royal Family Ask how much they pay in rent and they are struggling
Comment from : Harry Gibbs

My Landlord served me notice 21 after 4 years of tenancy He just did that to get rid off me because he couldn't increase rent for me because of tenancy agreement which we sign So when i moved out he increase rent by £700brI was paying 1800and for new tenants he put lovely new price 2500brAnd the house is not even worth it
Comment from : Justine

Same in Brighton Moving to Shropshire tomorrow with my boys and cats 🥰 stunning scenery, beautiful clean rivers, no congestion, no parking permits and rental/purchase a fraction of the cost of Brighton ❤️
Comment from : Helena Becker

Absolutely hate London in Cornwall and loving life!
Comment from : Jane S

this is the state agencies, they fuelled this high rent market as they make 10/15 every month from every rented property, how they are allowed to do this is the question
Comment from : Fernanda SantAna

Ask for higher salaries or leave the city It's not worthy to spend 3/4 of your salary on the rent Stop financing greedy landlords
Comment from : Adam

Who would want to live in the shithole capital of Europe ANYWAY
Comment from : Phil

London is such a dump…… so is NYC but it has so many redeeming features to offset that …
Comment from : Richard Wilson

Wow 9 million people in London, when did that explosion happen 😢brThat population is bigger than some countries 😢
Comment from : Moosky

It's understandable that you have concerns about the current economic and global challenges, as well as the political power struggle in the UN
Comment from : James Stone

london is finished
Comment from : Mark

I think people no need to leave London, in other hand the government should make reconciliation I believe there is unhealthy condition in UK and give impact to live of ordinary people The government should protect the people than fascinating with any business Due to Brexit, I can imagine how hard the government fight for UK towards the EU
Comment from : Debbie Sianturi

Imagine wasting your life supporting and protecting big investors investments 😂 the stupidity is unmatched
Comment from : magnus oevereng

Uk is a scammer’s paradise!!!!brbrHey bbc why don’t you put these REAL LIFE STORIES ON BBC ‘1pm, 6pm & 10pm’ …br myoutubecom/shorts/czti5vNOhFg
Comment from : 123Anonymous321

Toronto says hi
Comment from : Arjun

So one thing I thought of when watching this was the fact in the US the vast majority of mortgages are fixed rate and therefore homeowners will always have to pay the same amount every month (of coarse property tax can change at a few percent per year) In the UK many are variable so when the UK raises interest it also raises how much owners need to pay and therefore they how much they need to get from renters Now don’t get me wrong I’m sure there are bad owners out there who are just trying to drain as much money as possible from renters, but I think a large portion actually need the rent increases to stay afloat brbrWhy does the UK mortgage system have such a high amount of variable rates?
Comment from : ShotYall

8:07 Katinka Hill @Chestertons says "The market is driving this, not estate agents and not landlords and I think that's probably the misconception Tenants know they have got to spend over the asking price We're not necessarily asking them to do that They are coming forward with a really good offer because if they don't offer that they're going to lose out" brbrThis BS is why estate agents have such a poor reputation - you create the spin and defensively state it's the tenants' fault?!?!? brbrThe market (as you state) is a combination of landlords, driven by the market for sure, but also by estate agents and your commissions Be honest, tell it like it is You are doing very well out of this, and in the meantime there are tens of thousands of people highly-stressed and financially screwed by the very landlords you represent Greed is driving this, and companies like yours are a clear, present (and large) cog in that engine of greed Shame on you and shame on the landlords Money is important to us all, but greed is a deadly illness
Comment from : Neil Wood

It’s a shame born and bread Londoners are not automatically entitled to social housing it’s our right, just like when we are given our NI The properties could either be given back if we so wish or invest for our children
Comment from : laura Atkinson

It's time for a Revolution - just not some dumb right wing populist crap that's beside the point, but a truly social-democratic end to the brutalist economic inequality created by neoliberalism since the 1980s
Comment from : Duke de PallMall

I would think that renters massively lobbying their MPs and representatives on local councils might be able to see legislation passed that limits rent increases to no more than the rate of inflation or bank interest rates, whichever is greater The rate of inflation will be greater, but that will still be WAY less than the percentage increases these landlords are demanding They can't blame their demands on their costs, since the bank interest rates on their mortgages will be lower tha the rate of inflation
Comment from : MoonlightSonata

British are World's biggest beggars who looted trillions of wealth from Asian and African countries These beggars don't have courtesy to return the artifacts and cultural valuables to those countries whom they have looted for centuries and making their lives out of profit UK is most poorest country even miserable than lot of African countries
Comment from : harish kumar

LANDLORDS are LANDSHARKS GRRRRRRRR
Comment from : Johnathan David Dunster

Many landlords with a mortgage pretty much have no choice now This is a issue that should of been addressed before interest rates started going through the roof
Comment from : Josh G

The most advanced economies, the most developed NATIONS and the most qualified professionals preaching, teaching and advocating thier systems across nations are now on the verge of collapse We in INDIA do not allow rental inceease more than 10 each year Generally, tha landlords never ask for maximum increase of 10 but they usually keep the rental increase between 5 to 7 The RERA in India and UAE are very strict and protect tenants from unreasonable rental increases The housing problems in India is to a minimal when it comes to very poor and homeless people I am hoping that our country and society do not follow suit, bcos we are all learning, remodeling, adapting and implement the UK US and western world's economy and Govt policies😢😢😢😢
Comment from : MANAVTA - Mankind is God kind!

Your landlords and Govt are worst than UAE, MIDDLE EAST and INDIA😢😢😢
Comment from : MANAVTA - Mankind is God kind!

Its a Ponzi schemecallopsed like a house of cards in 2008 and the government who are in bed with the finicial system revived it due to go kerplunk againthey can bail out banks but cant underwrite deposits on property for hard working low paid industrious men and women it stinks 😮😮😮
Comment from : Archie logo

Long LIVE THE QUEEN by B
Comment from : GREENSCREENoNLY143toEverything

London ? You mean New Delphi? 😂
Comment from : Darius Rus

YUPLondonistan is becoming the Worlds NEW LAWLESS GHETTO
Comment from : James Bowskill

Aside from the tourist part london is toilet Its dirty, grimy and crime ridden
Comment from : Jo Jo

Daniel lives in rubbish
Comment from : Ilja Ilja

This is a global crisis! Chicago, Illinois is very expensive if you want to live in safe neighborhood!
Comment from : Human CHILD OF GOD

You inhale a pack of cigarettes whilst commuting on the tube, yet you can pay 10 pounds per day easily Left alone 7 pounds for a plastic Oyster card
Comment from : Eli S

GREED BY THE SOME NOT INTERESTED IN THE PEOPLE DISPICABLE
Comment from : Audrey Mcleod

London is finished and do you know why Because of that little dictator That’s getting paid by the WEF he is killing London And no khan the hor lot did not make London you ebrWe’re not even here You are pushing for a complete black London Why are you causing trouble with having a black march Through London You are putting people againt One another your a disgrace
Comment from : Audrey Mcleod

I left London, and moved to Kent two years ago to bye a house Now, I regret leaving! brI would prefer to rent in London, but thats not looking likely either 😢
Comment from : Shaun Stewart