Higher than average amount of welfare recipients in Joanie's constituency, which is why she's the wrong woman for the job.
I have to add, I'm more angry at the BTL landlords whose bad investments are kept afloat by this crap. A young colleague of mine has just stepped off the lone parent/welfare treadmill into fulltime work and told me that in the last year, her landlord refused to accept the cut in rent allowance. She didn't want to move house so he simply lied on the rent allowance form that he'd cut the rent, and she paid the difference herself. I wonder how widespread this is? The welfare recipient is worse off, the taxpayer is still on the hook, rents are still high for working people, but Mr Canny (her landlord has six gaffs. He is a schoolteacher) gets to keep his empire, paid for by other people. My colleague is worse off in fulltime employment financially but doesn't want a life on the scratch for herself and her daughter, and hopes that things will get better for them in a couple of years. I hope she's right.
As a person who is now a landlord (and also a tenant), without having planned it (bar trying to leave something to a child etc etc) - on behalf of those people like me out there I would like to make a few points:
never wanted to be a landlord; bought into "safe investment for the kids etc"
used to be an amateur re: tax; not any more because we are hammered every year (am a PAYE worker)
didnt want to spend 1/4 p.a. of my wknds trying to sort things for tenants - plumbing, cant switch on the heating etc etc etc etc
in my 10 yrs experienece of being a landlord of 1-5 properties, most, and I mean at least 80% of tenants are disrespectful, liars and welfare fraudsters and the most NB thing is How can I get more for less next year
I am trying to buy a house for my family and we are in the same boat as you - but probably worse off because most LLs are in neg eq - having dipped our fat toes and got burnt
I pay every bill, settle my tax every year etc etc - I just cannot understand how "I" am enemy number one for people on this site?
I know at least a dozen accidental landlords like myself - who, like me try to pay every bill etc...basically try to be an upstanding tax paying citizen...like your good selves
Completely unrelated but as a reader of this site, can someone provide me with the latest list of super-posters and their latest usernames as I cant keep up - actually on that, why do you start with a new username and just not reset your password?
Anyhoos - my rambling point is "Yes, we would all like permanently cheaper shelter" and "No, those bstrds LLs caused this" - because like you and me, we are all just trying to get on as best we can for our families, kids blah blah.
Like it or not, us accidental LLs (like fat little me) fulfill a service/function in our society which all of our hefty taxes are supposed to cover but don't - so what would you suggest??
I earn €75k pa (nice wage - worked v hard), have 2 kids under 18 months, pay pension levy and pay an extra €600 per month over rents received to cover 2 mortgages on 2 houses that I rent out "accidentally" as part of my long term sensible plan, my car is 01D, can't afford to take a foreign holiday - never mind NPPR, LPT, fees, etc etc etc etc, void months, taking holidays to attend PRTB adjudication meetings where they ask me for the address of ex-tenants who owe me €5k.... which I will never see
I allow myself strictly €125 pw for everything not spent by/for the family to live on.
So tell me I am your "enemy" - did I cause this monumental FK UP or not? Personally, I dont think I did.... but flame away....
lol - almost clicked delete and almost decided not to post this... but hell... off we go again on the circular arguments
edit: yes - booze on board