Member Info for 67Sam

I'd keep an eye on the small print. Daily living costs of food energy and accommodation still have to be met and aren't part of the cap. Any "nice things" over and above standard care aren't included either.
https://www.gov.uk/government/publications/build-back-better-our-plan-for-health-and-social-care/adult-social-care-charging-reform-further-details
Given their eagerness to diversify into property Im surprised Lloyds haven't started to build care homes, but I suppose the risk is much higher than with general needs accommodation.

"it would offer a lot of protection - the uncapped fee can be covered by renting out your own property."
Some high end care homes would require you to provide a property as collateral to allow admission. Renting would be unusual and subject to managing agents fees and tax, and repairs costs and void periods. Not to mention enduring mental capacity of the landlord.
Care Home fees can be £1500 per week, nursing care even more.

"they are called care homes - whatever happened to the cap on care homes fees - seems to have been delayed"
Yes they are enormously expensive and admission needs to be delayed as along as possible. The care fees cap is an interesting one as the actual components of care home fees that can be deemed care are very marginal. The real fees are deemed hotel costs and not eligible for the cap. So it offered little protection for capital even if it had become law.

"people can purchase or rent a property in any area they can afford"
yes and that fact limits choices and in extreme situations can result in your daughters neighbour experience.
"if wanting a local authority/ HA property, beggars cannot be choosers"
and they may be shipped out to other parts of the country where cheaper places are available, or be refused help. "
"If the population didn't increase there would be homes for everyone"
That is based on your perception that there are enough homes for everyone now. And that brith rate and death rate remain equal. And that the need for different types of housing because of an ageing population living for longer in poorer health doesn't occur.

"There are tons of property not being constantly used and are empty"
Yes this is what I meant by saying
"look at the number of empty or under-occupied properties and then look at the number of hugely expensive emergency accommodation placements provided by LA's to homeless families."
Meaning both are very high. Overall numbers of homes nationally and population size doesn't mean supply is matched to demand at a local level. Reliance on emergency accommodation is a huge bill for the taxpayer and usually not appropriate as a long term home for children.

"He moves in with his girlfriend".
Infidelity is not the only cause of divorce and when it is, it doesn't always mean someone immediately cohabits.
"I meant the child of a tenant who remained in the property with a partner and children at the time of the tenants death"
Yes that happens as well.
I suppose a shorter argument to say that there is may be enough housing nationally but it isn't matched to demand and affordability is to look at the number of empty or under-occupied properties and then look at the number of hugely expensive emergency accommodation placements provided by LA's to homeless families.

"a dozen east European men living next door to one of my children"
Yes, that has happened to other people as well. It is not possible in an HMO as they is a licensing regime but a private tenancy can be taken by one individual or couple and illegally sublet. The enforcement process to prove this and be able to intervene is long and time consuming.

"so each individual needs their own property?"
Often parents divorce, the children remain in the property, usually with their mother.
Where does Dad live?

"Married adults with children?"
I meant the child of a tenant who remained in the property at time of tenants death. Often the child will be of adult age and has never left home, or has returned because of their own housing issue.
I agree that an increasing population is part of the problem. But I think it is a contributor, not the sole cause.

"There is enough property, but the numbers of people to fit into those properties keeps increasing"
And not all of those properties are in places people move to seek work. Increasing divorce rates also create the need for extra housing.

" the rented property could have been passed onto a child to continue the public sector renting etc ,just as a bought property can benefit offspring"
there is a right of succession if the tenants die and the child lives at home. It's a succession to a tenancy, not a property, so LAs would make an offer of a one bed to an adult who was living in their parents three bed home at the time of their death.
Assumptions made for increased life expectancy are reducing. The rate of population increase in the UK is reducing.

mm
"anyone who makes naive comments about the planning system"
?
RTB replacements were not restricted by the planning system but by insufficient receipts left at a local level and a lack of ring-fencing for spend.

"how restricted and rigged the planning system"
Lack of replacement for RTB homes is not the fault of the planing system.

"The Gov had the cash from the sale to build new flats or houses, a win win for all."
FFS it didn't work quite like that. If their had been a requirement to replace each one sold then yes it would have maintained balance. But net receipts were not used to re-provide homes and tenants were given generous discounts.
Even going forward from now to 2030 it is expected to see a net loss of 57,000 more social housing homes.
https://www.local.gov.uk/parliament/briefings-and-responses/debate-future-social-housing-house-commons-19-april-2023

"and in future will need a B... what does that mean?"
Investment is required by the landlord to create a home that is more thermally efficient, has greater comfort to live in and reduces energy consumption. Thus creating lower emissions and a reduction in household expense and potentially higher demand for that property.
If this doesn't fit with their income generation plan they can always rethink, or sell.
I have never been a landlord but have worked for one. I appreciate the certainty and stability of homeownership and am grateful for it, although it presents far greater expense if I need to move.

"replace housing stock lost under RTB".
If you want a 3 bed social housing home on an affordable rent, stock was lost under RTB. That RTB property continues to exist as a private sector dwelling at a rent out of your reach. Many of these properties have re-entered the private rental market as higher occupancy HMO's.
Increased population from net migration to UK has created additional pressures, leading to higher prices, particularly in London. There are also changes in household profile. UK born households tend to be reducing in size whereas overseas born households tend to be larger. Housing supply is not always distributed in areas where economic opportunities attract people to live. There is no justification to build on green land but I would argue there is a need to rethink town centre provision post pandemic, and also to assist or incentivise ageing homeowners into down sizing.

"Landlords buy a UK family home, some then destroy it making it into a HMO. They reduce the UK housing stock, forcing up house prices."
If you think about it splitting houses into HMO's actually increases housing stock in terms of number of units and the likelihood of higher occupancy.
It is inevitable in a poorly regulated system that people will choose the highest earning options available. The criminality is in successive government failures to protect minimum spatial requirements and to replace housing stock lost under RTB.
You may as well criticise the tide for coming in and out and wave placards protesting at flies landing on ****.

hardup
local authority pensions have been career average DB since 2014. I value the certainty that this gives but remember the uplift is CPI. In DC schemes, those with control over their pension investments could have achieved far higher returns than inflation over that time period.
Tetley
"Many have chosen to leave due to the horrendous pay and conditions which is why the public sector is in crisis now . Can’t recruit, can’t retain and can’t provide an adequate service"
Yes that is my view as well. The LA has not been the first choice for the most capable staff for many years now. Private sector salaries are higher.
Non
"let's be honest - public sector workers are lazy as feck". You met one person who didn't live up to your expectations and now you stereotype an entire sector.

"Does this make sense? I've had a few bevvies."
Makes perfect sense on a Friday eve - enjoy.

"bit too early to tell, we'll find out next week"
if id made a decision to pop £10k on lloyds today, in one shot, hitting that close to the day's low would be the cherry on my smug cake. Whether it was best to do that today is a different question.