Saturday 2 May 2009

Rent

Apparently Renters owe more money to landlords than any time since the 80's with up to third of of the poor dears owed money.

Firstly weren't rents really low in 80's oh and well nearly 100% of renters are owed money from landlords in avariciously raised rents and randomly withheld deposits. I can't find much sympathy for many of these buy to rent landlords whose only concern when times were good was that the money came. They took a gamble a lot of the time with borrowed money and it's gone wrong. It's telling this story is told from the landlords point of view not the people who lost their jobs and can't pay their rent.

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