Old Conservatives don't understand

[Brigadier]

You go out to work, you get paid - so your house is paid for by your employer

Plum.

 

[denso13]

And some Councils have no properties for social rent at all of course.

 

[Brigadier]

**** off John it's exactly what you said. you weasel faced lying communist toerag.

By jove, that's a bit strong

 

[Notch7]

jesus h christ you still cant work out what pot maintenance comes out of nothing to do with tax

Maintenance comes from tax

That's a fact.

 

[Notch7]

Actually, I put a LOT of MY money into my two small properties. The idea that it's cost me nothing is tosh. The opportunity cost of what I have tied up in them is "quite significant".
And if it was all "with someone else's money" then how come I still have bills when "someone else" isn't paying me ?
Applying strawman logic and taking it to an extreme, an owner-occupier is "increasing the value of his asset with somebody else's money". You go out to work, you get paid - so your house is paid for by your employer. Your employer "makes stuff" which people pay for. So now your house is paid for a large number of "other people".
Presumably you are also upset that (e.g.) supermarkets pay for their shops with "other people's money", that car parks pay for the spaces with "other people's money", and so on ?

If a council builds a property, let's say in 1990

In 2024, 34 years later, the house is still perfectly usable to rent out.

The council paid say £100k, the property is now worth £300k

The cost to the council to rent it out is just the cost of maintenance and repairs

If the council instead paid out housing benefit to a tenant in a housing association property, the cost of that rent would be linked to market rent, and that market rent is linked directly to house values.

Whether the council pays to maintain its own property or pay housing benefit to pay a 3rd party for maintenance cost, the cost exists either way....its a false argument to look at maintenance, that's not where the benefit lies.

The other thing of course is if the council built a house for £100k and still owns it now worth £300k it's gained the council £200k.

 

[gas112]

Maintenance comes from tax

That's a fact.

keep digging

 

[carmanmemoranda]

you actually think your taxes pay for council house repairs ?

Well it's not the unicorns

 

[gas112]

The other thing of course is if the council built a house for £100k and still owns it now worth £300k it's gained the council £200k.

And how would it actually gain 200k a paper gain is worthless if you can never release it

 

[denso13]

And how would it actually gain 200k a paper gain is worthless if you can never release it

It improves asset worth, credit worthiness, ability to source external funding for things like new housing and improvements, better service provision, increased staff moral in a well performing organisation, increased tenant satisfaction, which helps in any statutory reporting requirements, ARC reporting in Scotland for example, etc etc.

https://www.housingregulator.gov.scot/media/1340/charter-technical-guidance-dec-2019.pdf

 

[gas112]

increased staff moral pmsl laughing at that comment
Tenant oh look my house that people dont want me to buy has gone up in value i can sleep a lot better now

 

[denso13]

increased staff moral pmsl laughing at that comment
Tenant oh look my house that people dont want me to buy has gone up in value i can sleep a lot better now

It's obviously way above your pay grade. Don't worry about it.

 

[carmanmemoranda]

They are funded out of taxes

It makes no difference whether it’s local or national tax, it’s still a tax

You are desperately trying a strawman to deflect from your lack of argument

Does this stuff need to be explained.

It's so basic

 

[Mottie]

1. Would you buy one if you were a council tenant and could afford to?
2. Are any of the many houses you’ve lived in been ex council houses?
3. If you were buying a house and found out that it had been 'stolen' from the council at a discount a few owners back, would your principals prevent you going ahead with the purchase?

Looks like @JohnD has me, sorry, my questions, on ignore again. No surprise there, no surprise at all.

 

[gas112]

It's obviously way above your pay grade. Don't worry about it.

Speaking of highs you certainly are in cloud cuckoo land . Keep spouting your nonsense it is pure comedy gold .
On the brightside with all your googling on this thread you should have a far better insight into how council finances work and what money they can spend and where

 

[denso13]

You are just bumping your gums again, saying stuff, with no back up whatsoever.

On the brightside with all your googling on this thread

Again, you have no idea what I do for a living. We don't all go to work and sh!t in a bucket.