Yeah but the reality is that in the absence of sufficient social housing, private landlords are needed.
Loads of renters simply can't afford to buy and some countries, like Germany, don't have the culture of home ownership that the UK does.
It's blatant racism because of his skin colour and his status. Lampard is praised for being astute financially because he's made property investments during his playing days, if it was Sterling doing the same thing there would be an outcry.
Anyone who's into wealth knows that saving money isn't a way to financially prosper especially considering inflation, low valued rates etc you need investments keenly if you have as much capital as footballer.
So have The Daily Mail been trying to dig dirt on Marcus and this is the best they can come up with? All it does is make him like a young man who has his head screwed on.
Well, that's the catch-22 isn't it? The reason loads of renters can't afford to buy is because they spend all their money renting. Hundreds of thousands of people are stuck in the rent trap.Yeah but the reality is that in the absence of sufficient social housing, private landlords are needed.
Loads of renters simply can't afford to buy and some countries, like Germany, don't have the culture of home ownership that the UK does.
Interesting article and shows how differently the UK and German housing markets went post-war. Small niggle is it overlooks mortgage payments not attracting tax relief in the UK either.Your post interested me, so I had a look around and found this that goes into detail about why most rent in Germany.
https://qz.com/167887/germany-has-one-of-the-worlds-lowest-homeownership-rates/#:~:text=It's just a fact.,the OECD updated its numbers.
I remember this sort of subject came up before, and there was one poster who was oddly aggressive about the pointlessness of buying a house versus renting.
But I never quite understood from him what happens if you either run out of money for the rent, or retire. Unless the government prop you up in splendour!
Interesting article and shows how differently the UK and German housing markets went post-war. Small niggle is it overlooks mortgage payments not attracting tax relief in the UK either.
Pensions are much higher in Germany and across Europe too, whereas in the UK you are a bit fecked if you don't own at retirement.
Being a landlord isn't the cash cow people think due to tax changes and if Rushford can be a considerate one, he'll be a force for good.
Yeah of course everyone wants to buy here, was talking more about Europe-wide.Well, that's the catch-22 isn't it? The reason loads of renters can't afford to buy is because they spend all their money renting. Hundreds of thousands of people are stuck in the rent trap.
Homeownership is getting increasingly out of reach for an entire generation of people and that is a serious problem. I read something about 1 in 8 people not being able to afford their housing costs. How on earth are all these people ever going to get to a position where they can afford to buy somewhere? We don't have a sustainable system here unlike Germany which you mentioned, where renters are treated like royalty. It is a very, very different situation to the U.K. as I'm sure you know.
Not everyone wants to buy, but loaaaaads of people do that can't due to years of housing being treated like an investment.
Christ. My workphone has an aggressive and unpredictable autocorrect.
Absolutely. I think Rashford can stick up for himself and is obviously already somewhat of a national treasure so they will pick on Mason instead, feckin scumbags.fixed. Let's not sugarcoat this, it's blatant racism and these asshats have done it for years. Sterling has been bullied by them for what seems like an eternity, looks like Greenwood is their chosen one as his heir in that regard. I hope United protect those boys as well as possible.
Well said. It makes the Mail's conscious decision to paint Rashford in an unfavorable light disgusting but par for the course from that morally bankrupt rag.I seem to remember from a conversation I had years ago that acquiring property portfolios is the standard investment for top footballers on big salaries. They're finished in the game by the time they're in their mid-thirties and the high salary stops. They have to find some other way to earn a living.
There ae many, many super-rich people (who would make Rashford look like a poor man) who do absolutely nothing to help other people. Rashford's been fantastic with his charitable work. If he did nothing else, he'd have already made a big difference.
Five LUXURY homes worth £2m.. so £400k each.
isnt that the price of a normal fecking house. Such Luxury. it probably has a roof, plumbing and everything.
That's definitely true. London in particular is a nightmare. I have lots of friends that were born and raised there that have been priced out and forced to leave if they want to own, which always felt weird to me.Yeah of course everyone wants to buy here, was talking more about Europe-wide.
I live in London so am well aware of the lack of affordability. Point is you still need private landlords, eg for students, people starting out their working lives etc...
I'm not saying it is or it isn't racist but Rooney, gazza, Beckham etc where all in the firing line by the media as well in the past.fixed. Let's not sugarcoat this, it's blatant racism and these asshats have done it for years. Sterling has been bullied by them for what seems like an eternity, looks like Greenwood is their chosen one as his heir in that regard. I hope United protect those boys as well as possible.
Yeah landlords seem to get a bad rep now. I rent a couple of properties now but I had to rent when I first left home, people would be stuck without it, I know I would have.Yeah of course everyone wants to buy here, was talking more about Europe-wide.
I live in London so am well aware of the lack of affordability. Point is you still need private landlords, eg for students, people starting out their working lives etc...
Thanks for the break down of the main papers. What I learnt about British media a couple of decades ago still holds some truth then. I still do read online content from the Guardian on occasions.The broadsheets are generally more balanced than the tabloids. The Times, the Guardian and the Telegraph are among the proper newspapers (they have different political biases, but they're respectable). The Express, the Mail, the Sun and the Mirror are the main tabloids.
The descent of the Mail into its current cess-pit seems to have been hastened by their online presence, in my view.
Only people with wealth can afford to invest in numerous properties, though. Rich people buying an excess of housing has contributed to the chronic shortage that is affecting scores of people all over the world. It is a really serious issue that is leaving lots of people homeless. Rashford is looking after his own like lots of other wealthy people but the consolidation of housing in the hands of a few has dire consequences for the majority.
Interesting article and shows how differently the UK and German housing markets went post-war. Small niggle is it overlooks mortgage payments not attracting tax relief in the UK either.
Pensions are much higher in Germany and across Europe too, whereas in the UK you are a bit fecked if you don't own at retirement.
Being a landlord isn't the cash cow people think due to tax changes and if Rushford can be a considerate one, he'll be a force for good.
He's only doing what lots of rich people do, which is buy up property and rent them. It's a shame there isn't more stringent regulation in place which stops this kind of practice when taken to extremities, though. It's causing a global housing crisis.
Sad to hear about this. Hope the obstacles were overcome somehow and that your kid enjoys life as it has developed.I was involved with the Beckham disability charity when he played for us.
The charity would find things like wheelchairs for disabled kids and I would put in applications for kids, including my own kid who has a disability.
At functions the beckham's would pop in for 10 minutes and then the editing teams would go to work to make it like they had spent hours with the kids. Some folk gave them stick for this but I always thought fair enough.
Where it got a bit bad, for me, was the instant shutting it down when he moved to RM. Virtually overnight.
The reason was that the charity was for tax reasons and he employed family to run it. Once he moved he stopped it and many kids got nothing even after being in the latter stages of getting equipment and the workers became unemployed.
Some might say fair enough but it left a lot of kids and folk stranded and delayed in getting wheelchairs etc. My own kid went from almost having a wheelchair to then waiting almost 2 years which had impacts on schooling etc
Cheers for this.I was involved with the Beckham disability charity when he played for us.
The charity would find things like wheelchairs for disabled kids and I would put in applications for kids, including my own kid who has a disability.
At functions the beckham's would pop in for 10 minutes and then the editing teams would go to work to make it like they had spent hours with the kids. Some folk gave them stick for this but I always thought fair enough.
Where it got a bit bad, for me, was the instant shutting it down when he moved to RM. Virtually overnight.
The reason was that the charity was for tax reasons and he employed family to run it. Once he moved he stopped it and many kids got nothing even after being in the latter stages of getting equipment and the workers became unemployed.
Some might say fair enough but it left a lot of kids and folk stranded and delayed in getting wheelchairs etc. My own kid went from almost having a wheelchair to then waiting almost 2 years which had impacts on schooling etc
It is. Many people have agendas that matter more than principles. As a proud capitalist, I’m happy for Marcus. He worked his ass off to ascend in his profession and deserves the spoils. He’s obviously also done a lot to help the less fortunate. Top man.I thought the Uber Capitalists love rags to riches stories of wealth acquired through hard work and talent...
Except they don’t. The old money want to pull the ladder and protect their inherited privilege
Everything a footballer achieves is as a result of their own endeavour, should be a Capitalist wet dream
Agree it has to be a stepping stone. Young people will struggle now even if they live like monks, with average house prices c10× average salaries, compared to a long-term average of 3-4x.Yeah landlords seem to get a bad rep now. I rent a couple of properties now but I had to rent when I first left home, people would be stuck without it, I know I would have.
It should be a stepping stone, a necessary one but the aim is to limit your spending on rent while building up your all important deposit on your first purchase. It’s hard but I feel a lot of renters go for the top end of their budget and should be perhaps keep it cheap and cheerful when they are saving that deposit. Just my two cents anyway.
Its not racism, it’s just the usual shite about a United players over sensationalised. Ronaldo, Beckham, Rooney, Giggs, Martial, now Greenwood the list is endless. The all have 1 common denominator and it’s not race, people love scandal that involves high profile players.
Sad to hear about this. Hope the obstacles were overcome somehow and that your kid enjoys life as it has developed.
Knight in shining armour making himself look good in the eye of the media... yes I am not surprised that could be the case with Beckham. Rashford doesn't come across as a slick guy doing charity to cut his taxes, though. Let's stand by him till the crap media crumbles.
Tbh, given the number of players who've been fleeced or persuaded to invest in film schemes or other clever tax wheezes that have come back to bite them down the line, I don't blame him for putting some money into tangible assets that are easy to understand.I've watched enough of those "can't pay, we'll take your sh!T away" and "terrible tenant" type programmes to see it can be a nightmare.
Once someone is in, and decides they don't fancy paying rent anymore, it can take months and months to get them out. Though in reality I'm sure in real life unscrupulous landlords would simply wait for the tenant to leave the house, and then get in there and change the locks. A tenant who hasn't paid the rent for half a year is then unlikely to have the brass neck to go to the laws!
I'm an exceptionally low risk type though, so would never go that way anyway, unless I was a Rashford type with millions to lash around, and agents to take care of the ins and outs.
I was involved with the Beckham disability charity when he played for us.
The charity would find things like wheelchairs for disabled kids and I would put in applications for kids, including my own kid who has a disability.
At functions the beckham's would pop in for 10 minutes and then the editing teams would go to work to make it like they had spent hours with the kids. Some folk gave them stick for this but I always thought fair enough.
Where it got a bit bad, for me, was the instant shutting it down when he moved to RM. Virtually overnight.
The reason was that the charity was for tax reasons and he employed family to run it. Once he moved he stopped it and many kids got nothing even after being in the latter stages of getting equipment and the workers became unemployed.
Some might say fair enough but it left a lot of kids and folk stranded and delayed in getting wheelchairs etc. My own kid went from almost having a wheelchair to then waiting almost 2 years which had impacts on schooling etc
Well you said it doesn't matter who buys up homes regardless of their wealth, but only those with wealth can do it which means land and housing are disproportionately owned by a minority of people. There IS a shortage of affordable housing. Loads of potential homes sit vacant because landlords have gobbled them up, can afford to sit on them without renting, and sit back as its value continues to go up. Housing is a currency in itself. It really is a crisis situation.the last property I bought had been empty for 7 years.
First time buyers couldn’t afford to bring it back into a condition you could live in. That’s are upwards of 700,000 empty properties in the UK. It’s a myth that there’s a shortage of housing.
Yes, it’s only people with some wealth who can bring those back into circulation, who else is going to do it?
Five LUXURY homes worth £2m.. so £400k each.
isnt that the price of a normal fecking house. Such Luxury. it probably has a roof, plumbing and everything.
Well you said it doesn't matter who buys up homes regardless of their wealth, but only those with wealth can do it which means land and housing are disproportionately owned by a minority of people. There IS a shortage of affordable housing. Loads of potential homes sit vacant because landlords have gobbled them up, can afford to sit on them without renting, and sit back as its value continues to go up. Housing is a currency in itself. It really is a crisis situation.
Even if he spent £100m on properties I really don’t get what their point is?
Him raising awareness of people in poverty and pushing government to fix it has nothing to do with his own net worth. It’s the governments job to help them, not rashford’s.
How many other millionaire celebrities who actually don’t give a crap about anyone else are there Daily Mail writing about?
It’s typical that when a man does something good, others will try to highlight something to make them be perceived negatively.