I just had to guarantee the rent for son #3

Took them 2 months to get somewhere because they kept being outbid!! On rentals!! Rents were literally rising as they searched.

Three of them paying a total of just under 3K a month for a small flat on a busy road. Bonkers.

Posted By: Old Git on September 22nd 2022 at 12:47:30

Message Thread

Interest rates up 0.5 points to 2.25% (General Chat) - jamesward, Sep 22, 12:13:06
- Thread on interest rates (General Chat) - SCC 28, Sep 22, 18:34:15
- THAT’S NUMBERWANG!!!!! (n/m) (General Chat) - Ken Breadstick, Sep 22, 13:17:23
  - I have serious doubts about the link between interest rates and inflation (General Chat) - Ken Breadstick, Sep 22, 13:30:27
    - risk of importing inflation mind (General Chat) - CWC, Sep 22, 15:43:53
      - I read somewhere that if we didn't raise rates that pound would tank (even more) (General Chat) - jamesward, Sep 22, 15:58:04
    - Hi Mr. Erdogan! (n/m) (General Chat) - Steve in Holland, Sep 22, 13:32:43
      - 🤣 Turkey is currently sitting with a base rate of 12% and CPI of 80%! (n/m) (General Chat) - Ken Breadstick, Sep 22, 14:28:38
- Rents going up (General Chat) - SCC 28, Sep 22, 12:39:15
  - Rents are insane (General Chat) - SimonOTBC, Sep 22, 12:41:04
    - Yep it’s insane (n/m) (General Chat) - SCC 28, Sep 22, 12:45:00
      - I just had to guarantee the rent for son #3 (General Chat) - Old Git, Sep 22, 12:47:30
        
        Read about this lately, and it’s mental (General Chat) - jamesward, Sep 22, 12:54:39
        
        So is it now an asking price advertised? (General Chat) - SCC 28, Sep 22, 13:02:28
        
        It’s actually worse (General Chat) - Old Git, Sep 22, 13:12:02
        
        I'm always horrified when I have to provide references for the team to landlords (General Chat) - camcan, Sep 22, 16:39:57
        
        You should buy them a property and rent it to them (General Chat) - Jumbo1, Sep 22, 13:26:36
        
        Looks like I may have to do that for my Ukrainians eventually! (General Chat) - Old Git, Sep 22, 14:00:15
        
        Noblesse oblige (n/m) (General Chat) - CWC, Sep 22, 14:07:11
        
        Narrator: He did. He's the landlord. (n/m) (General Chat) - CWC, Sep 22, 13:29:48
        
        LOL (n/m) (General Chat) - SCC 28, Sep 22, 13:32:26
        
        rolf! (n/m) (General Chat) - Jumbo1, Sep 22, 14:46:43
        
        Having to offer based on pics jeez (n/m) (General Chat) - SCC 28, Sep 22, 13:15:01
        
        Some? (General Chat) - APB, Sep 22, 12:56:52
        
        I have a couple of rental properties and I'm not rich or unscrupulous (General Chat) - Adster, Sep 22, 13:20:57
        
        unlike house sellers? (n/m) (General Chat) - paulg, Sep 22, 13:19:10
        
        ^^landlord (n/m) (General Chat) - SCC 28, Sep 22, 13:20:18
        
        I'm just pointing out (General Chat) - paulg, Sep 22, 13:25:29
        
        But for landlords it’s purely to make money (General Chat) - SCC 28, Sep 22, 13:31:49
        
        Only recently heard about the bidding thing (General Chat) - SCC 28, Sep 22, 12:52:38
- 4 years to go on mine (General Chat) - SimonOTBC, Sep 22, 12:30:33
  - Ditto (n/m) (General Chat) - SCC 28, Sep 22, 12:34:14
    - Fuck me the interest has nearly quadrupled (General Chat) - SCC 28, Sep 22, 12:42:27
      - I don’t recall 10 years being an option when I was looking (General Chat) - SimonOTBC, Sep 22, 12:46:38
        
        I think my option was to pay more than before (General Chat) - SCC 28, Sep 22, 13:00:35
        
        Actually upon calculation wouldn’t take a massive drop (General Chat) - SCC 28, Sep 22, 14:42:38
        
        I think so.👍 (n/m) (General Chat) - protheroe fitzgibbon, Sep 22, 14:44:25
- Jumbo loves a long fix (n/m) (General Chat) - Old Git, Sep 22, 12:20:49

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