The government is starting a pilot to allow local councils to force the rental of High Street shops vacant for more than a year, for the lowest rent achievable.
Some 80% of vacant shops in the UK have been empty for more than two years, while over one in five has stood vacant for longer than four years.
Of course, landlords aren't happy as they keep them empty to maintain artificially high valuations. Sad.
The lock's maker Chirp Systems remains unresponsive, even though it was first notified about the critical weakness in March 2021. Meanwhile, Chirp's parent company, RealPage, Inc., is being sued by multiple U.S. states for allegedly colluding with landlords to illegally raise rents.
P.S. never give cybersecurity spooks clicks even after they go "freelance" or whatever
Action on the problem of second-homes pricing out locals (of epic proportions in the nearby Lake District) is finally being taken... Making life more expensive & difficult for owners of short-let properties is intended to force them to sell.
An under-recognised element of the strategy is to get them all to sell in a short period, flooding the market with homes & thereby depressing the price.
With a local purchaser requirement, it could work!
'Over the last 25 years, there has not just been a constant surplus of homes per household, but the ratio has been modestly growing while our living situations have been getting so much worse.'
'We now find ourselves in a situation where one in every 21 adults in the UK is a landlord. We have four times as many landlords as teachers. As a consequence, virtually everyone struggles to afford a home that meets their needs despite a net gain in housing stock.'
'Where Adam Smith and Karl Marx found common ground was in the idea that everyone’s interests are aligned against landlords: they are an economic deadweight.'
I still want to know what exactly is going to stop #landlords from simply hiking rent equal to the #UBI amount.
Sure, that works on a small scale because landlords don't know whether every tenant is receiving the money, but if you make the BI actually U, then they will know that, and raise rent accordingly.
Unless this is somehow prevented, UBI will be nothing more than a subsidy to landlords. Landlords do not need more subsidies.