No it had come back. Yes its partly due to interest rates

But its dead because (i) the cost of living crisis (admittedly not all this governments fault) (ii) buy to let market has completely gone (iii) stamp duty reforms which have been idiotic and killed parts of the market (iv) slow housing delivery because the market is dead (circular situation) and also because its not viable for developers to build houses they are not sure they can sell whilst they are being clobbered by inflationary costs and additional taxes left, right and centre.

I think the governments basic approach is just to hope there will ultimately be a correction through land values falling significantly which is turn will enable houses to be built more viably but I think they may be waiting a long time. The irony is, of course, that under the current system building more market housing is also the way you get more affordable housing because the government relies on developers to subsidise that.

Posted By: Jim on April 28th 2026 at 11:30:33

Message Thread

Rachel Reeves now proposing rent controls (General Chat) - JoeyDeacon, Apr 28, 09:29:41
- country's fucked. as people on here know my bro in law (General Chat) - Tony Martin, Apr 28, 11:34:27
  - sorry to hear that tony (General Chat) - Tombs, Apr 28, 17:44:12
  - Sorry to hear that. (n/m) (General Chat) - Snakepit Divorceee, Apr 28, 13:02:49
  - Crikey, that’s terrible all round (General Chat) - Old Git, Apr 28, 12:32:57
- so the time to hike up rents is RIGHT NOW (General Chat) - shoddy, Apr 28, 10:19:24
  - Yep so avoidable (n/m) (General Chat) - JoeyDeacon, Apr 28, 10:20:53
- I’m an accidental landlord. (General Chat) - Snakepit Divorceee, Apr 28, 10:04:35
  - The shitty situation kind of hints at opportunity.... (General Chat) - usacanary, Apr 28, 15:28:03
    - House prices are flat. At best. (General Chat) - Snakepit Divorceee, Apr 28, 16:09:44
  - Wow, that’s rubbish (General Chat) - Old Git, Apr 28, 12:34:17
    - Thank you. (General Chat) - Snakepit Divorceee, Apr 28, 12:45:42
      - The Accidental Landlords would be a great name for a band though (n/m) (General Chat) - Old Git, Apr 28, 13:07:40
        
        Ha! (n/m) (General Chat) - Snakepit Divorceee, Apr 28, 13:15:51
  - that's proper shitty. hope things work out for you soon (General Chat) - Tombs, Apr 28, 11:29:20
    - Thanks, Tombs. (n/m) (General Chat) - Snakepit Divorceee, Apr 28, 12:28:49
  - The market is completely dead. Mainly because of this government (General Chat) - Jim, Apr 28, 11:13:59
    - The market is dead because interest rates went though the roof. (General Chat) - Snakepit Divorceee, Apr 28, 11:24:33
      - No it had come back. Yes its partly due to interest rates (General Chat) - Jim, Apr 28, 11:30:33
        
        There are many factors. (General Chat) - Snakepit Divorceee, Apr 28, 12:29:50
  - That’s painful - sorry to hear that. (General Chat) - JoeyDeacon, Apr 28, 10:20:12
    - I have a tracker deal. (General Chat) - Snakepit Divorceee, Apr 28, 10:23:27
      - I don’t deal with mortgages myself these days (General Chat) - JoeyDeacon, Apr 28, 10:25:59
- ^^ landlord (n/m) (General Chat) - Old Git, Apr 28, 09:43:43
  - Yes - but a pragmatic one (n/m) (General Chat) - JoeyDeacon, Apr 28, 09:48:29
    - Lol yeah okay. (n/m) (General Chat) - LincolnshireCanary, Apr 28, 09:53:46
      - Sorry who are you? (n/m) (General Chat) - JoeyDeacon, Apr 28, 10:00:24
- For a period because of the latest cost of living crisis caused by Trump (General Chat) - jamesward, Apr 28, 09:39:59
  - The cost of living crisis is decades in the making. (General Chat) - MORDENCANARY, Apr 28, 09:50:45
    - Well yes, but I'm talking about the reason for this NOW (General Chat) - jamesward, Apr 28, 09:53:02
  - *limited period (n/m) (General Chat) - jamesward, Apr 28, 09:42:09
- Is it bad news for landlords? (n/m) (General Chat) - SCC 28, Apr 28, 09:37:45
  - Means they wouldn't be able to put rents up for a year (General Chat) - jamesward, Apr 28, 09:43:42
    - And if that’s the case (General Chat) - SCC 28, Apr 28, 09:47:01
      - why could they "do with a hit" just because the benefitted from low interest rates for (General Chat) - Jim, Apr 28, 11:06:20
        
        More that they could afford to take a hit (General Chat) - SCC 28, Apr 28, 11:15:01
        
        Because that seems to be the attitude (General Chat) - Jim, Apr 28, 11:20:41
      - Both valid points (General Chat) - JoeyDeacon, Apr 28, 09:50:19
  - It’s bad news for tenants (General Chat) - JoeyDeacon, Apr 28, 09:42:55
    - This government does not understand how anything economic works (General Chat) - Jim, Apr 28, 11:08:49
      - Yes agree Jim (n/m) (General Chat) - JoeyDeacon, Apr 28, 12:50:41
      - Does that go for previous governments too? (n/m) (General Chat) - SCC 28, Apr 28, 11:16:08
        
        I think the Tories (or most of them at least) understood business and the markets better (General Chat) - Jim, Apr 28, 11:23:43
    - Basic reality. (General Chat) - paulg, Apr 28, 10:02:32
    - I despair for those who have to rent these days (n/m) (General Chat) - SCC 28, Apr 28, 09:48:57
      - Some people just don’t want to buy (General Chat) - JoeyDeacon, Apr 28, 09:53:10
        
        Well those with no hope of buying (General Chat) - SCC 28, Apr 28, 09:58:36
        
        Yeah a friend’s niece rents (General Chat) - JoeyDeacon, Apr 28, 09:59:34
        
        And this one used to have a mortgage previously (n/m) (General Chat) - SCC 28, Apr 28, 10:05:12
        
        That's mental (n/m) (General Chat) - jamesward, Apr 28, 10:00:24
      - And of course they have to rent because (General Chat) - jamesward, Apr 28, 09:51:32
        
        Immigration is the other factor (General Chat) - JoeyDeacon, Apr 28, 09:55:49
        
        Yes, housing an extra 4m people since 2015 is definitely part of it (n/m) (General Chat) - jamesward, Apr 28, 10:01:01
        
        Who'd have thunk it, eh? (General Chat) - paulg, Apr 28, 11:53:04
        
        Don’t we need the extra people though? (n/m) (General Chat) - SCC 28, Apr 28, 11:56:33
        
        Yes (General Chat) - jamesward, Apr 28, 12:03:21
        
        not much going into the tax coffers from those fellas (General Chat) - phrankin, Apr 28, 18:19:12
- Was firing up the emojis until I realised it's actual sensible political chat :D (n/m) (General Chat) - Lentil Weaver, Apr 28, 09:35:11
  - Trying to be! 🙂 (n/m) (General Chat) - JoeyDeacon, Apr 28, 09:36:37

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.