Rent to Buy
Mention housing to anyone who lives in Britain, and you will get to hear a very worrying list of anecdotal stories.
All of which show that everything to do with buying, selling, and renting housing is a legal or financial mess.
Not only a mess, but a very controversial one at that.
Take for example: –
Rent to Buy, which is refereed to as Buy to Rent, and gives no housing security to tenants If the landlord defaults on their mortgage.
Then there are landlords who complain about bad tenants,and tenants who complain about bad landlords. Both of which [ may ] have some very good reasons for doing so.
As I say – It’s a mess.
Now enter the Developers
Of course much of this mess comes down to how housing is regarded as a way in which to make a quick profit, rather than a source of long term housing, or long term income.
It all comes down to making a profit by any means, rather than looking at what might be achieved in the long term.
That’s why there are so many houses being built, or which have been built, in the middle of high risk flood plains.
Then comes all of the flooding which will result from Rising tides.
As with Housing the same with the Nukiller industry.
Many of the existing reactors are by the coast, and will be effected by rising tides within the next 20 to 30 years.
Yet the nukiller industry keep playing down this danger, as with everything else they do.
A modular exercise.
The current fashion is for the nukiller industry to talk about how all our problems will be solved by the construction of Small Modular Reactors.
Yet these Small Modular Reactors are like those flats which are being sold by developers way before the foundation work is done.
They are sold on the illustrations of what these flats might look like, but no one has any idea of the quality of the materials used, or just what the standard of construction work might be.
Then when they all go wrong, those who buy them as an investment will cry out that ‘it seemed like a good idea at the time’.
Meanwhile – The tenants get to suffer within these badly constructed slums of the future, and pay for the privilege of doing so.
While we the tax payers will be expected to pay for the long term clean up costs.
Sounds familiar ?