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Old 24-10-2010, 10:52   #12
Gary L
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Re: Low income exodus from London

Quote:
Originally Posted by martyh View Post
what about Jon Cruddas' point that it is social engineering designed to get poor people out of affluent areas ,a tad extreme imo but he does have a point ,it will be a side effect deliberate or not
It can and will look like that. but that's only because of the circumstances. the end result is that these people are out of work and are living in a property where you'd need a well paid job to be able to afford to rent it out of your own money and not the taxpayers.

and there will never be any incentive for these people to ever want or feel the need to go out and find a job.

some of them may have had good jobs before. but a fair percentage of them probably never. but they just went along with the 'the government will have to support me'

---------- Post added at 11:52 ---------- Previous post was at 11:50 ----------

Quote:
Originally Posted by Kymmy View Post
I wonder how many houses this will cause to be repossesed by those who bought to let and now find that there isn;t anyone they can let too??
I'd say once the tenant doesn't pay and does move out. they'll either rethink their rents, or leave the property empty.

at the moment they know the rent is being paid, and it's only because they're still getting it that they are ok.
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