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A layoff fundamentally changed how I perceive work

(mertbulan.com)
1041 points mertbio | 4 comments | 27 Jan 25 08:22 UTC | HN request time: 0.001s | source
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xdennis ◴[27 Jan 25 10:14 UTC] No.42839397[source]▶
The worst part is finding out how many things depend on your job. I needed to move out when I was laid off, but good luck finding someone to rent to you when you don't have a job.
replies(1): >>42840174 #
1. firtoz ◴[27 Jan 25 12:00 UTC] No.42840174[source]▶
Yes... I'm in the UK, in London. For renting, even as a founder who has a profitable business that was active for a year, they're still either asking for upfront payments (12 months...) or a guarantor. This was the case for multiple locations (SE13 + E16).

They said if my business was running for 2 years or more then they'd accept that as low enough risk.

A bit understandable in this economical situation, but man, it's hard. Even for the guarantor, they need to own a house and have at least 40x the monthly rent as proven (PAYE or business with 2+ years) yearly income.

I knew only one person who could be a guarantor that fits the requirements.

Alternative was AirBnb or other monthly accommodation which was of course more expensive.

replies(1): >>42840440 #
2. BlueTemplar ◴[27 Jan 25 12:29 UTC] No.42840440[source]▶
The worst cases is when they don't even accept the 12 months of upfront payment !
replies(1): >>42842798 #
3. firtoz ◴[27 Jan 25 16:28 UTC] No.42842798[source]▶
Wow, I never imagined that to be possible. What was their reasoning?
replies(1): >>42846105 #
4. BlueTemplar ◴[27 Jan 25 21:53 UTC] No.42846105{3}[source]▶
It was bullshit. The real reasoning was of course, as usual : lots of 'buyers', few 'sellers'.