I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

You're correct! With the help of an investment coach, I was able to diversify my 450K portfolio across markets and produce slightly more than $830K in net profit from high dividend yield equities, ETFs, and bonds.

Would you mind providing details on the advisor who helped you? saving for a pension through a corporate program since the age of 18. I hit greater tax along the road, so I increased my company pension with a SIPP (tax benefits). I'm now 50 and would love to expand my finances more aggressively; there are a few automobiles I still want to drive and a few mega-vacations that I still want to take.

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

I located her, sent her an email, and scheduled a call; hopefully, she will reply because I want to start the new year off financially strong.

It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.

I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of financies and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?

You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

@@hasede-lg9hj Do you mind sharing info on the adviser who assisted you?

I won't pretend to know everything, though. Her name is Annette Marie Holt but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.

Sebastian is one example of a greedy wealthy landlord, he's positively gloating in this interview...

Consider reallocating from real estate to stocks. Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not a financial advice, but it may be wise to invest, as cash isn't ideal in this period.

Indeed, diversifying a $380,000 portfolio across various markets with guidance from an investment coach has proven fruitful. You've managed to generate a net profit of over $790,000 through high dividend yield stocks, ETFs, and bonds. That's an impressive achievement.

Can you suggest the investment coach you've been using? It appears you've had success with their guidance.

My advisor, Stacey Lee Decker, is a highly qualified and experienced professional in the financial market. She possesses extensive expertise in portfolio diversification and is widely recognized as an expert in her field. With her years of experience, she proves to be a valuable resource for anyone seeking guidance in navigating the financial market.

Stacey really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.

My guess is the former, not sure he understands what irony is.

This is high-end landlord most landlords are not living like him

Great from the reporting team to quietly show it off

@@chbry1050 But they are doing the same things to their tenants, nonetheless - which is force tenants to absorb increases in costs associated NOT with housing but with their personal quality of life

The landlord you're referring to, was a developer, before he switched to becoming a landlord. I'm sure he already had a Lambo before that.

isnt the polish government and their people racist ?

The UK is a good place to live if you have enough money. The problem is the high cost of housing combined with low wages. I guess the advantage of Poland these days is slightly lower wages but much lower housing costs? The UK has also been deindustrialising continuously since the 1970s whereas Poland has been going in the opposite direction since joining the EU. Ironically in the period you have been here many factories have shut down in the UK and relocated to Poland. I always look at where stuff is made and I have noticed that a lot of things that used to be made in the UK, Italy, Germany etc are now made in Poland.

fcoff

I hope the British take to the streets

This is what brexiters and boomers voted for with successive Tory governments and brexit. They voted for us to be poorer than places like poland

Get a better job then.… you’re welcome

It always been

OH GOSH, MAJORITY OF THE UK IS WHITE BRITISH, AS A RESULT MAJORITY OF PEOPLE IN NEED OF SEREOUS HELP ARE WHITE BRITISH, WHY DOSE THE UK, ALLWAYS PUT EITHER WHITE WOMEN OR PEOPLE OF COULOR WHEN TALKING ABOUT STRUGGLE AND CRISIS, LISTEN, WHITE BRITISH MALES OF ALL AGE GROUPS ARE SUFFERING STRUGGELING AND UNABLE TO TAKE CARE OF THERE FAMILYS MORE THEN ANY ONE ELSE IN THIS COUNTRY, BUT THE UK IS TO PRIDEFULL TO ADMIT IT AND SHOW THE WORLD THAT MEN IN THE COUNTRY HAVE HIT ROCK BOTTOM. They Need Help show the world

@@kevincowan2639 useless advice :/

Minimum wage nowadays means the minimum to survive on food and drive to work and sleep in your car. Minimum wage doesn’t cover any sort of housing anymore. MAYBE a bunk bed in a room shared with 4 people but then isn’t that how slave’s quarters were set up? Minimum wage has regressed us to living like slaves.

A dark unimaginable evil descended on this country in 1997 and changed it forever.

@@woden3894 which was? Tories?

Inflation is caused by money supply expansion. The money supply is the problem.

Thatcher created a rentier class and then stopped building social housing.

You Brits have it easy. You have nothing like the student loan debt we Americans have.

Can you see the flaw?

That is a good system

Netherlands is a degenerative country: there is no need to hate landlords/investors. These policies are contributing to a massive housing shortage in the Netherlands, so Dutch people should be careful what they wish for. Don't discourage investors, then complain there's nothing to rent!

@@georgewitten8717 No there is no flaw because the renting market itself is highly controlled. About 40% of all homes in Amsterdam are in the social segment, that means rent

not a bad idea

USA we have similar issues. Home prices are so high that some businesses buy homes and turn them into room rentals for their employees. This wasn’t done out of the good of their hearts, but to have safe, clean, reasonably priced housing for lower wage employees.

*Welcome to New Orleans, Louisiana, problem since 2005.* #PostKatrina #transplants #airbnb #nohousing

@@kenyonbissett3512 sounds like slavery is back, maybe they will provide some food as well

@@realfreedom8932 American slave owners after the civil found it was cheaper to just pass laws to keep people poor and living on the edge. That way they don’t have to provide food, clothes or shelter. Or the shelter for many ex-slaves was Prison and they got slop for food, stone walls and cheap dirty mattresses and required to work for that food, shelter and jumpsuit. Freedom wasn’t free.

@@thinker8128 Its not that, its that they are killing coastal tourist communities by outpricing people who otherwise would be working in service jobs in said towns. There are places with single digit available dwellings. It is actually an issue maybe come have a look for yourself

I am a working professional who lived in Liverpool council housing for 280ppm all inclusive. I was doing a PhD in Applied Maths and computing. I quit it after 2 yrs and found a job at UK's crown jewel semiconductor company in their Manchester office. Moved to a 2 bed 2 bath adjoining city centre for 1150 ppm. This year, they lost some deal and fired a 1000 employees me including. I then found a job in London for same salary. Tried moving there but the bloodbath in rental market was appalling. Managed to find an unfurnished 1 bed 1 bath in North Maida Vale for 1712ppm. Gave them a holding deposit but moved out of the deal at the last minute with cold feet about short and long term expenses. And mind you I'm on a 4K ppm salary. The plan is to save to buy a house, but back in Manchester, landlord increased the rent to 1200ppm as well. Seems like this country is indeed going crazy! Thinking of finding a job in Milan. People will blame Brexit for everything, but not look at how many Chinese investors have propped up the property market, how many council houses have now gone over to migrants housing, that UK's population rise is going off the charts. People are blaming Industries shifting out of the UK, but on the contrary, the digital, aviation and other high tech sectors are the strongest in UK amongst most other G7 nations from EU. And I'm writing this as an Immigrant myself. This country is going to rots, because of trying to balance to very extreme ends of spectrum. One end, is the ultra rich or high middle class tech sector workers, and the other end is hourly wage workers full of migrants as well. People suffering themost are lower middle class households. They are trying to avoid falling off the cliff while still aspiring to climb the ladder out of their misery.

@@suyashneelambugg Milan sucks big time! There are Better cities in Italy! Torino,Genova,Firenze,Roma etc

Having pets makes it harder to rent.

Buses are cheap in London

Crazy indeed. I lived in Uppsala a few years back. The issue is finding a place to live there and the atrocious second hand renting market. I was extremely lucky to be paying around £550 a month for a really nice flat in thr centre but a friend of mine was paying double that for somewhere smaller due to the secobd hand renting market. On the whole though, yes id say Sweden is generally cheaper. You also have far superior building standards. You wont be shivering away and paying a fortune for power in the Swedish winter. Their buildings are actually decent. My boyfriends Swedish and often remarks his coldest winters have been in the UK because of the terrible insulation. I miss Sweden. Brexit has unfortunately made it far harder to escape the UK.

@@FullMetalFeline Thanks for your insight!

~ though the population headcount and density are worlds apart.. Chalk and cheese.

@@FullMetalFeline well youve had 35 years under EU free movement, and 6 since 2016- in your place, i would have been in ireland working straight off to get a paddy passport, or on language courses of ur target country. Dont mention the leccy prices in sweden though? Mine is $93 aussie dollars for 3 months a roof fulla solar, hammering the a.c. and devices. 350 days sun per annum.

Hope you can have a wonderful future there it brings u huge success

Its been going down the drain for years, now it’s in the sewers!!

It’s not just the uk, it’s everywhere

@@user-ib9ky2jo9h its mainly the uk though.

🤣🤣🤣

@@user-ib9ky2jo9h Most of Europe is doing relatively well

You have an option that most of us don't...

🤮

?!

The fact that they were all coked up or stoned I don't think they really noticed or care I bet 🤣

get yourself a tent

Time to became a landlord then 😂

I know how can you justify increasing rent as an excuse for inflation, interest rates & your Blatantly standing next to Range Rover & Lambo ??

Brilliant!

@@mokhanx9080 well bc inflation also effects the costs of their services too. They have many things to deal with. Remember you are renting but it's the landlord who pays off the mortgage meaning as interests rates increase so will his costs. Even things like buying new machinery/ furniture for the house is expensive. I'm not trying to side with him but people never actually know what goes into being a landlord.

@@tawanamufasa291 ​ nothing worse than people who stick up for the rich be it landlords, investors or billionaires … 😬🤧regardless these people don’t need more money there’s no need for them to keep increasing rent economically it’s not like they’re gonna end up on the street the way they deal with people. Many of us do know what it’s like lol we watch documentaries some of us even know such people and so I’m sorry but you can’t come try spin this so we look on their side … most landlords don’t just have the one property they let they have a few and that’s just the small scale landlords regardless they can live they are not suffering paying for furniture refurbishments or whatever you tryna say. Some of these rentals are extortion plain and simple you can’t justify it.

@@obibraxton2232 it's not a "spin", it's simply fact that for the business to be viable as a landlord, the rental income needs to outweigh the mortgage payment, ground rent, management service charges, income tax, and reserves for repairs on building and white goods. From point of morality I agree with you - given the housing shortage, I think landlords should therefore sell their properties, which would open up more houses for first time buyers. If they want to invest somewhere, they should fund more build to rent schemes which would at least increase the number of homes physically available.

I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

You are right! I’ve diversified my $150K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $330k in net profit across high dividend yield stocks, ETF and bonds.

@@TomD226 Do you mind sharing info on the adviser who assisted you?

I receive guidance from coach Laurel Dell Sroufe, who possesses extensive financial market experience. While others may prefer different approaches, her strategy has proven successful for me, as evidenced by my results. Specifically, she offers valuable insight on entry and exit points for the securities that I concentrate on.

Thatcher created a rentier class and then stopped building social housing.

So work a job build credit and get houses and rent them it's not hard why u complaining

@@worldwalking8007 troll tw@

Property has always been an investment opportunity. Money in construction, money in rental income. None of this is a problem at all. The problem is our planning system and lack of building and high immigration. It is the supply of new homes that is the issue. Landlords mostly by central flats, not suitable for home owners. Their impact isn't that great, but we only delivered 37k homes last year. Their target is 200k. Immigration 225k.

Illegal immigration is a big problem too .

@@johntbaxter If what you are saying is correct, then there should be fewer landlords in the UK and more homeowners.....

But how does everyone have money for a night out every week

@@johntbaxter There is no profit at all? Tenants literally pay off the mortgage for you (as well as a little profit on top usually) and at the end you get a property worth hundreds of thousands or more. For doing what? Calling someone to fix something when it breaks which many landlords use letting agencies for anyway.

It was perfection

@@trippingwithak Not everyone, but you think that anyone who goes out for a night out should pay more rent? What kind of BS justification is that? You must find it terrible that not every tenant pay every last penny to their landlords.

Since you lived it. Do you think it's worth going uni during a crisis o find a job?

What are you doing now and where are you in life?

@@karag4487 it’s absolutely worth it. The chance to study a subject that you are passionate about alone is a privilege. I have also found that a degree opens a lot of doors (that’s not to dismiss experience), however a degree in and of itself is of value. Many people don’t end up in the fields they studied as they are too niche, or there are no job openings, and this is where grad schemes come in. People should not let the inability to have the ‘Insta or TikTok uni life’ put them off. Edit: I wanted to drop out probably 100 times during my degree due to having very little money, I didn’t go on holidays during the summer to Thailand, I didn’t go backpacking around Europe, I didn’t go out and get shipwrecked during freshers’ because my last train home was before the clubs even opened, and to this day I haven’t used a snapfax. It wasn’t all great and they were probably some of the loneliest days of my life, but it was worth it.

@@Gates2Aion I now work for a corporate in a senior position having found where my strengths lie in my third year of employment in the industry I studied in. I spent the first couple of years in graduate level jobs figuring out which part of the industry was for me, this was stressful as coming from a background where not many family members went to university, my knowledge of the job market was limited. I eventually found my feet and I enjoy my job for the most part. I am 31 and still renting in my seventh year in industry, as only last year did I start earning enough money to allow me to put some money into savings for a deposit. Edit: I don’t drive as I moved out as soon as I could feasibly afford to and had to make a choice between that or having a car. I haven’t been abroad since the last holiday with my parents. I don’t have kids and probably never will as I couldn’t afford to have them in the timeframe I’d ideally like to plus allow myself to to do some of the things I haven’t yet been able to for financial reasons, e.g. buying a house, having holidays, and getting some return on the hard work I’ve put in before having to put kids first.

@@NocturnalViolet Respect for your efforts and achivements. Sometimes you can't have all the things that you'd like but as long as you are comfortable and have no regrets of the choices you have made, thats the real value for me.

People are unable to afford to live let alone a roof above their heads.

@@user-gz4ve8mw9l on a more positive note people are re thinking their lives . New ways of earning a living , housing , educating themselves , new ways of spending and consuming , the old system is falling and it’s going to be messy in all the rubble for awhile , god bless

Where are you from?

so many of my Polish coworkers moved back to Poland as they are now better off at home

@@LDNpat Glad to know. I have avoided UK from the list of countries I should immigrate.

@@Fan-zx1lz I wouldnt move to UK unless you can make at least 50k a year and very few jobs pay that much

@@LDNpat Ok. So highly skilled jobs Pay more than 50k / year

The USA have some cheaper states like Wisconsin and Minnesota you can find 1 bedroom for $600-$800

I smell a rat there, If I was a landlord sure wouldn't show off my Lambo, a taxation Office nerd might take notice...

@I AM problem is people have jobs but they aren't able to get things they could 5 years with it

Portugal has a similar problem. More and more rich foreigners are buying properties there and some Portuguese citizens are struggling to find accommodation.

Until you have serious legislation in place you will continue to have dangerous landlords like him or her!

People are naturally vultures and parasites. Landlords are the embodiment of the worst in humanity and why there needs to be laws to be kind to each other.

Which should be illegal. They've been at that old game for years now and not a single law stopping them. It's the government and their complete lack of care for providing housing, you know the most important, basic need that all people have. The UK government has failed the population.

The issue is there is not enough homes per capita. If there were more homes rents would be cheaper.

So if the landlord sold up that's 7 less units on the market ,great philosophy what do you think rents will be if landlords sell up ? blame the government for selling all council houses off and not building enough you're being duped by government to pass the blame so they charge more tax an other things to landlords who in turn pass the costs on to tenants thus passing THE blame to landlords for lack of social housing which IS THE GOVERNMENTS RESPONSIBILITY

If you aren’t getting enough work, your employer can’t stop you getting an additional job.

Get a second job. Deliveroo pays £10 an hour mate

*Unfettered immigration* puts pressure on everything, housing, rental prices pushes pay down. ~remember the hard times, of rice+ egg, pasta and butter, and the treat of a kebab on friday night after paying your rent when you *go to vote* next time.

In 1985 I left home. Got a b&b paid for by the state. Got a job. Moved in in life. Paid my own way. Without tgat support who knows where I'd be. The fact that you can't start life without any support will eventually destroy the Labour market in the UK.

​@@joshnicholson2934 you get another job pizza boy.

And a Range Rover.

cynical thatcher relic. rampant racketeering.

Go get one yourself why you hating

@@worldwalking8007 i already have 2

@@worldwalking8007 hes already got 2, why you hating?

Try Lincoln. The entire city has been made over to student properties!

No one wants students when students trash the houses and leave more damage and more money putting back into the house. Students are such lovely caring people aren't they 😂 90% of you drink and do drugs and don't care about anything but what you own..

To be honest if I am every in the position to rent out my flat, I wouldn't rent it to students either - most are filthy and have no notion of personal responsibility or respect for anything but their own belongings

@@bndwh3lp you might wanna be more specific about who you're actually talking about. If u wanna single out young students then okay. I don't know what drink and drugs has to do with the demographic of mature students.

a lot of studenty do drugs and destroy the property.

Regulate rent while increases rates would put landlord on red. It means many would have to sell, that would reduced further the pool of rental properties hence drive up demand and cost of rentals.

@@keirenle maybe but without serious efforts to overhaul the planing system ( essentially just giving NIMBYs the middle finger in response to every complaint). Or regulation what’s to stop housing prices rising to such an extent that everyone who doesn’t own, even those of average incomes and above are forced into abject poverty? If this happens mass layoffs will take place and the uk will head into decades of recession until the overinflated housing market is corrected. By the turn that happens the damage to the rest of the economy will be almost irreversible. It’s all well and good the government using housing prices to artificially increase GDP figures but when a majority of your GDP comes from housing there is no money left for your country to actually do anything productive. Housing is slowly eating the rest of the economy and is a massive bubble. If the government lets this continue and the bubble pops there will be nothing left to full back on. The uk economy is increasingly becoming a smoke and mirror show where the only value is perceived value and speculation rather than actual productivity.

Clever speach Abby. But at this moment government do nothing to help people. Even if want they cannot. May I advise you. Make new friends and find other location to live. Like other Britons. Here in Poland not only can cheap rent home. But also buy it. I purchased after savings earn in Germany.

Stop being entitled and live in affordable cities

Agreed myself and family are fleeing manchester asap because we just can't afford to live here any more. That and it's just full of whingy people like in london. I was shocked how nice people were and how cheap living was and how many jobs there were away from the city!

We moved from the villages to the cities first, so it’s not all that surprising that there is now a reverse of that.

Dang, and it's not like you could just hop on a ship and go colonize some people on the other side of the world to take their stuff. Sucks to live in this era, huh?

Discrimination that is. Sickening really.

homeless with a i phone ok

@@user-jy8gx5ky4v That's the new homeless. People working full-time but who cannot afford or find a place to rent...

100% correct it’s a disgrace!

wealth inequality in the UK 👍🏻 good job!

What other country is the system different! 😂

Some rents are far more than a mortgage repayment on a house! Even in rural Lincolnshire, which was always cheap compared to most of the country, landlords are jumping on the rental bandwagon and asking £1000 for a bog standard three bedroom bungalow, one bathroom with not even a shower attachment, wearing the pub carpet laid by mum and dad forty years ago accompanied by that purple wall which was so stylish in the ‘70’s !

socialism for the 1 percent capitlalism for the masses cough cough crony capitalism

It is pure exploitation

thatchers diabolical legacy rampant racketeering.

I have a 2 bed property that I rent out. Unfortunately I’ve had no choice to up the rent. My own mortgage and insurance has increased on that property, and I also have to factor in the cost of any repairs as cost of labour has also gone up across the construction industry. If I didn’t up the monthly payments it would be costing me to have someone rent the place out.

@@lloyd.8272 You don't need to explain yourself I would do the same.

@@lloyd.8272 so you don’t own it. The bank does. Sell it and let people have a property for its real value.

Go to Australia

Wooow...where do you want to move abroad?

Alberta would be happy to have you. On what a nurse earns here you can easily live comfortably.

@@jenfoster128 You can live comfortably- with a slight risk of getting shot in a mass shooting

@@JGrant60 When was the last mass shooting in Alberta?

Glad she bought back then!

Funny isn't it how ever scarcer land on this small island and a ballooning population (and not because the natives are having kids - they're not) makes property more expensive.

Economy

@@goodlookinouthomie1757 You do understand how the economy works right? We need to grow, the enconomy is based on growth, we don't make anythibg really we are a service economy which means our population needs to grow otherwise our economy will collapse. Complain about immigration all you want but without it we'd be going down the shitter a lot faster.

@@JNelson_ You do understand how nature works right? You can't squeeze a perpetually growing population onto a finite piece of land. If we don't need to worry about our national population (67 million and growing fast almost entirely due to immigration which hit 500 million net last year), which is entirely growing through immigration, then when do we need to worry that the UK is full? 100 million..? A billion..? "Line go up" is an obviously unsustainable model in any system; eventually the line hits a hard wall and since that's likely to be population vs land & resources then we're going to have much, much bigger problems than a shrinking economy. And it's not just about the numbers. Imagining that we can import millions of people of vastly diverse ethnicities without causing the kind of tribal politics and conflict we see in third world nations is extremely naive.

Might aswell become an accountant over there

Yep same for me. I moved to Japan in 2019. Rent in Aberystwyth for a rotting room with mould: £470 a month plus heat bill. Rent in Kochi Japan for a not nice room: £230 with bills. No brainer. Sadly I got a job with a travel agency in early 2020 so my job disappeared and i had to return to the UK, but I'll be back in Japan soon.

Have your costs as a landlord not increased?

@@lloyd.8272 no not yet ,as I have 2 years left on a fixed rate mortgage and the letting agency hasn’t increased there rates at the moment

@@billyburgess3912 That's not strictly true. What about the cause that was changed in recent years when you could write off some of the repairs, damage, etc. Now you have to pay 100% in Taxes on everything.

@@calderarecords as far as I know my accountant wants all receipts for repairs ,to reduce tax

@@calderarecords If you are in a LTD company you can offset all costs including interest. A lot of these measures were targeting small landlords holding property in their own names. The best reason for own name was, you could just draw down tax free over time without ever selling by remortgaging, you can't do that limited as you would have to pay tax on what you draw down. It's all about tax. You need higher deposits LTD and lending is more expensive.

True. Why live there?

100% true. They ask you to pay expensive rent in return house is in bad condition and dirty.

@@plouplou1136 truth

Uk is crowded.

Get those stuck-up tories out!!!

Mortgage repayments have gone up so its everyone struggling

How to be REALLY rich in the UK. Own a 4 star hotel. Wait for the Home Office to give you a call and offer you insane amounts of money every week/month (tax payers money)

To bad, get a better job

And this is exactly what us shown in this document..

@@tomjones8715 sorry mate I don't live in the UK. Iv been there before the whole place made me feel depressed it was always grey and wet. Couldn't wait to leave to be honest and I won't be coming back.

Step 1.5 - Becomes a politician.

Makes you wonder if he is a moron to have gone out in front of the camera like that... Most rich people are astonishingly stupid in my experience.

@M Let's ask the most underemployed, overeducated group of young people in history...

You’ll own nothing and be happy...

Would be very interesting to see what kind of people replaced you in that property. I can guess.

Try Bolton!! No one likes Bolton but at least are the most affordable

@@goodlookinouthomie1757 yep rubber boat people! 🙄

Dude just move to Rochdale or Bolton, or even Wigan.

Considering half the people trash houses and treat the properties poorly but Channel 4 won't tell you that

@@bndwh3lp because no one cares that's part of the wear and tear it goes with the job landlords want money for nothing

@@bndwh3lp Renters pay a deposit for that (which they may or may not get back) Not months and months of rent in advance. That's just extortion.

Lol shut up you mortgage mugs

Some people cannot get a guarantor that would agree to pay the rent if you ever could not ( no wonder really ) that is another reason they would ask for 6 months to 12 months up front rent if cannot get a guarantor.

You're jealous

@@asha8090 That’s the best you got? “I’m jealous”, nice try keyboard Karen.

He's not jealous you troll .

@@asha8090 shut up

Correct

Me too because we can tell he's rich. Im jealous of him.

Or maybe it’s the gov giving away houses to people fresh from the boats

🤣🤣🤣

?? Just economics

?? its either cluelessness or sociopathy

Infected a lot of landlords that sold up over covid all supplies really down clusters and increase of new renters market that the government didn't envision with population growth

*Uk is the wild west on rentals and property*

I'm moving to Sweden 😩😩😭😭😭 seriously can't fking take it any more here in the UK!!!

@@tomjones8715 Greed nothing more!

@@tomjones8715 why ask a question if you already know the answer? Why are you getting so angry and upset like a child? I don’t support anyone in government, never have and probably never will. Everyone is greedy! Whether it’s landlords, the government, banks. Supermarkets, oil and gas companies. Everything is run on greed! Same with everyday general public full of greed for materialism

@@tomjones8715 Still acting like a child, being argumentative. Why can’t we have a discussion like adults. Never said anything about landlords giving free housing away. I’ve been a landlord myself, I understand how it works. Rent where I live three times the cost of a mortgage. I wouldn’t mind if landlords reinvested in their property and look after it but hardly any do. More interested in taking all the money but keep on getting upset

the problem is the monetary system the monopoly's and overpopulation

Man you seem like a good landlord, you probably don't have any properties in Worcester. As I'd prefer a landlord like you.

@@shanepatrick641 I have been ripped off so many times I,m glad to be out of the property game . sold another this week . Sorry but its impossable to be a nice landlord I have tried many times and always ended up being out of pocket . Best of luck with your house hunt

@@tomjones8715 Yes, they are appeasing a large voting bloc of theirs: landlords. If a large number of houses were made or made to be cheaper for the general public it send a lot of landlords into a meltdown because their property would temporarily have less value

@@tomjones8715 Then if I am mistaken, apologies. Nonetheless, the Tories are not doing substantial projects that dramatically reduce prices to reasonable prices. My father bought a 2 bed flat in South London for 70k in todays money during 1997. It sold last year for 350k

What about wage control to stop inflation?

@@Nickle314 what about, what about, what about. The argument of the terminally stupid used to avoid the topic at hand. We're not talking about wages. Deal with it

@@reecekennedy8528 You are talking about controls on prices to drive them down. Wages are just the price of work. So lets drive them down. After all that's what you are saying. You want cheaper goods at someone else's expense. There are no doubt other people who want cheaper goods at your expense. Deal with it

The solution to not enough places for rent, is to reduce the number of places for rent?

G Fox Unfortunately it will never happen.

Yes to this

Wtf? £200 a month? How are they justifying £2k+ annual increase?😮

@@kat284 Apparently its the landlords interest rates that have forced him to do it. I'm thinking I should speak with the citizens advice.

No can’t see why ppl turn to crime living in Britain. If go to the council Office do they say clewr off sleep on the streets ? Or do they put you up in emergency housing for the night whilst They look for something for you ? Which other countries offer this? They will also sort your out with living expenses or make up for any shortfalls if your wages are Low.Yes you won’t live in a fancy home but you will live and if you’re savvy wit your money you won’t starve either

Just at the beginning, the next decade will be awful if you survive, people will just exist, Britain will be worse off and is already worse off than a Eastern European country, you can buy 10 houses over there for the cost of one here haha and plenty of land.We're just credit rich, when that bubble bursts better watch out, only good thing is people will return home, as the ship ship sinks.

don't push me cuz i'm close to the edge

@@thomasfromswindon7609 I’m trying not to lose my head….

@@yikes5522 Uh huh huh-huh-huh

You shouldn't have "medical bills".

how you're left only with 150? I mean, even if you earn like a minimum salary of £25k in London, you should still be able to save up good £500 every month. Lower your expenses. You spend £350 on medical bills every month?

@@run-watch have you ever tried nhs physio, or having a difficulty that the shitty gp’s or hospital don’t recognise? That’s where you get medical bills

@@gricius how do you save £500 per month with a 25k salary in London? The average price for a room in 2022 in London ( if you are lucky to find one) is 900-1000 pounds ( yes, a room). It's not easy to find for less. The average travel card from zone 3 to 1 is 167 pounds. The average cost for grocery shop can go up to 120/130, particularly if you are lactose and gluten intolerant and don't have cheaper stores close to where you live. This is already 1197/1297 pounds depending on your rent ( and hoping the bills are included which is often not the case anymore as landlords are now not including the bills due to the costs). Add a cheap phone plan such as giffgaff. To this you need to add other things such as toiletries, extra bills that are often not covered by your landlord and a small budget to enjoy 1 drink or lunch once a month...what a sad life. If you are lucky enough not to have medical issues that is already 1400 pounds. If you then add another 100 to your savings that is 1500 and this doesn't include multiple prescription charges or medical bills for urgent private care. You will be left with 100 pounds x month to pay for everything else. Even if you remove prescription charges and the cost of 1 drink and dinner per month, that will leave you with roughly £200/250 to go out, buy extra stuff you might need per month and that's even too much...most people have 80-120 pounds left after paying only rent/bills, cheap phone plan, food, transport. Not sure where you get this £500 pounds from unless you are one of the lucky ones to still pay 500-600 pounds for a room in London LOL Also don't forget many of us pay student loans and if you also pay for the pension scheme that leaves you with even less money. Many of us had to opt out from the pension scheme as we need that extra 80-100 pounds per month to survive.

@@Lyra94forever essentially, yeah. The increased rental prices at the moment are eating up all the money. But £900-1000 for a room in zone 3? C'mon. I agree, it's a difficult situation finding a room right now due to influx of students, but there are better deals, where you pay max £800 for a big-sized room, which my landlord just rented out in zone 2 in the west, which is generally more expensive than east or north. You can call me a lucky one then, because I rented a room for £700, and it was only this July. Travel is £80. Food can range from £150 to £200. I earn only £1600 a month (that's after student loan repayments and work pension contribution) and I manage to put away £500 easily if not more. Sure, if you're young in your early-mid 20s you want to go out often. I remember when I was this age, I used to spend like fricking £200 in one night out. Club entry fee, 1 gram of coke, drinks, uber. Now I value more passive lifestyle by staying at home, but you can call it sad life.

As a suggestion, You could move to Darwen, Bolton or Blackburn, only 30 mins on the train, although run down and depressing, very cheap and a worthy sacrifice rather than spending 4 hrs of your life on a train! Although TBH it’s also worth not taking the maintenance loan if you can!

Really sorry to hear that 😔

Do your education at home and stop whinging. If you can't afford to live there don't. It baffles me on how you move there but can't afford it and complain when you could have found out all this before you moved. Also blame your uni student friends who trash houses which makes landlords put the price up.

@@bndwh3lp For your information, I lived there for two years and saw how prices shot up, forcing me (and countless others) to leave our University towns and cities because we could no longer afford it. ‘Could’ve found all this out before you moved’ LOL, you have no idea what you’re talking about. And you try and do your education from miles away. If you don’t have anything nice to say, don’t say anything at all.

@@rachelocunningham Pointless being at uni tbh, unless you're planning on being a doctor or similar. Two hour commute means no social life whatsoever. Might as well do the whole thing online, and if you're going to do that just scour KZfaq for videos + Library Genesis for books because online tuition is worth exactly zero. Save yourself fifty grand of debt. Absolutely tragic for you.

Its no better anywhere, the northeast, southeast etc are all experiencing this. Its unsustainable.

worse under labour.

@@888ssss lol never ceases to amaze me how ignorant some people are. Tories have created 3/4rs of our national debt and crashed the economy while feeding their mates billions...

@@888ssss it wasnt though was it with there public spending we got affordable housing, new roads, hospitals, an increase in nursing, policing, doctors, a NHS that was in the black, broadband through out the country. what we have have from over 10 years of austerity is lower manufacturing the selling of royal mail, the selling of of the national grind, NHS england falling into the red ,the drop in houseing to the point no affordable homes where built in a year, less police harsher laws on protesting, in 12 years the tories have spent more and racked up more debt than any labour gove combined. have you looked up what the deficit is. it is 101.9% so no it wldnt be worse under labour.

So the supply of rental homes has increased.

@@Nickle314 Perhaps you should watch the video again.

Well said mate

Manchester only for Indians ... Indians can pay any price

Funny how other people lectures on how someone else's smart and hard earned money should be spent lol

Wow. You've got it...May every Blessing be bestowed upon you!! May your lucky tenants "Pay it forward!" just as you have...

Don't forget the climate con job.

well i saw the smurk he gave so yeh that shows me he isn't in any kinda struggle

poor thing only has one Lambo, I hope he will buy another one soon :(

And you actually believe that set up is real ? The tax men would be all over him in a NY second like voltures.

It's due to being all of them " anglosaxons". Anglo culture is very selfish, greedy and stingy

Like the Edwardians did in the UK when 95 percent rented ?

@@brianlopez8855 im not familiar with that!

Some are very nice

House share much cheaper

Agree he was lying through his teeth! Nowadays all you need to do is set up an SPV to buy properties, protecting landlords as they are not taking any liabilities but the company!

Exactly!

Very correct l made the same point in the comments section. I work as a full time civil servant but still cannot afford a mortgage but still renting and the rent is high.

Young people are easily manipulated to vote the way the system wants them to. That's why these TV programmes appeal to them.

@@goodlookinouthomie1757 Nah old, uneducated people are the most easily manipulated group; you can use a bit of fear mongering about how the "world is changing", and they'll be so scared they'll vote for any rich autocrat

“they put their prices up before energy rises” exactly what landlords did

Maybe because landlords need to pay higher mortgage because higher interest rate?

@hui flora yes but I was saying that rents went way up before that happened. The stamp duty was removed to help people so then everyone wanted to buy a house at that point causing prices for houses to increase, many landlords decided to sell so now there was so few left to rent that those landlords saw the opportunity to increase rent due to high demand vs no properties. Also 2nd point there are many landlords with the mortgages paid off yet those ones will put rent up as well because they can as that's what the prices are in the area

@@huiflora2188 Also higher property taxes.

@Bercilak de hautdesert well who is getting 38k a year the salary is too low and the rest is all up make you a conclusion