Half of UK adults are financially vulnerable, City watchdog finds
1–10 of 52 posts
Re: Half of UK adults are financially vulnerable, City watchdog finds
#2That's a feature of capitalism, not a bug. Can't leave money on the table.
Re: Half of UK adults are financially vulnerable, City watchdog finds
#3would it mean that rents are not going to increase because people are not going to pay for it?
Re: Half of UK adults are financially vulnerable, City watchdog finds
#4Over here in the States your rent increases just about every time you renew your lease.
Re: Half of UK adults are financially vulnerable, City watchdog finds
#5That's a feature of capitalism, not a bug. Can't leave money on the table.
It really is remarkable how efficient capitalism is at ensuring that proles are born with nothing and die with nothing. Every tiny bit of surplus beyond maintenance of the body is siphoned away into the pockets of the capital class.
Re: Half of UK adults are financially vulnerable, City watchdog finds
#6Over here in the States your rent increases just about every time you renew your lease.
In my experience, as long as you rent from small time owners who have day jobs, you can leverage being a good tenant into at least not raising rents for a few years. Sometimes even getting a discount, because that’s how much of a headache bad tenants are.
If you rent from a big rental company, then they can absorb that risk so you lose out on those savings.
Re: Half of UK adults are financially vulnerable, City watchdog finds
#7That's a feature of capitalism, not a bug. Can't leave money on the table.
It really is remarkable how efficient capitalism is at ensuring that proles are born with nothing and die with nothing. Every tiny bit of surplus beyond maintenance of the body is siphoned away into the pockets of the capital class.
Because in nature, organisms don't grow to the limits of their environment, right? They willingly limit their growth so that all enlightened organisms can share equally in a workers paradise, amidst songs of empowerment and fraternity, while marching collectively towards a bold new future!
Yeah... no.
Evolution shows us that organisms do grow to the limits of their environment. A "capitalist" system is no different. Making thinly-veiled religious statements about the evils of capitalism means rhetoric is more important to you than understanding.
Edit: for the nay-sayers, who seem to have missed my point: These behaviors aren't a result of capitalism. Blaming capitalism, or using ideological rehetoric, is wrong. These behaviors are a result of reality. Of evolution. Of the Dariwnian struggle for existence.
Blaming capitalism for these behaviors makes no more sense than blaming capitalism for a disease like malaria. Malaria was around long before capitalism, or even people, existed.
Re: Half of UK adults are financially vulnerable, City watchdog finds
#8would it mean that rents are not going to increase because people are not going to pay for it?
It could also mean that they cut back on vacations and other ancillary spending.
Re: Half of UK adults are financially vulnerable, City watchdog finds
#9would it mean that rents are not going to increase because people are not going to pay for it?
Demand exceeds supply for housing in the UK. As having somewhere to live is a universal requirement, prices are only limited by affordability.
Re: Half of UK adults are financially vulnerable, City watchdog finds
#10Over here in the States your rent increases just about every time you renew your lease.
In my experience, as long as you rent from small time owners who have day jobs, you can leverage being a good tenant into at least not raising rents for a few years. Sometimes even getting a discount, because that’s how much of a headache bad tenants are. If you rent from a big rental company, then they can absorb that risk so you lose out on those savings.
Can confirm - my rent has only gone up £150 in 19 years largely because I never bother my landlords.