Quote:
Originally Posted by GrimUpNorth
I've tried my best to keep out of this one but.....
This page from Your Homes Newcastle (your landlord?) explains how rents are set. It says nothing about rents being based on comparable private rented properties in the local area, it then links to this page which explains Government Policy On Rent Reform And Convergence. In this explanation there's a very interesting part which says:
So it looks like your understanding of how rents are set is pretty wrong and looking at your landlord's website maybe even they feel your getting a bit of a bargain!! Granted it doesn't say anything about low rents being subsidised but it also makes it clear they are intentionally below the going 'private' rate.
Cheers
Grim |
Which is what I have written below for Papas benefit which is pretty much exactly what I said all through the thread ,minus the profit margin my rent is pretty much the same as any private rent of a similar property in the same or close area