We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Is Buy-To-Let Bust?
carolt
Posts: 8,531 Forumite
http://www.fool.co.uk/expert/money-talk/blog/2024/is-buy-to-let-bust.aspx?source=uemfoleml0010043
Best bit is the comments at the bottom of the page - the 'discussion' just turned into a desperate attempt by BTL landlords to advertise the properties they cannot sell, by any means - shows more clearly than any article or comment, the real state of the market for BTL at the moment.
Best bit is the comments at the bottom of the page - the 'discussion' just turned into a desperate attempt by BTL landlords to advertise the properties they cannot sell, by any means - shows more clearly than any article or comment, the real state of the market for BTL at the moment.
0
Comments
-
The government should tax the chancers out of existence once and for allKrusty & Phil Madoff, 1990 - 2007:
"Buy now because house prices only ever go UP, UP, UP."0 -
And then where would you suggest that people who don't own their own homes live?Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
-
Best bit is the comments at the bottom of the page - the 'discussion' just turned into a desperate attempt by BTL landlords to advertise the properties they cannot sell, by any means - shows more clearly than any article or comment, the real state of the market for BTL at the moment.
Just had a look, it's quite remarkable isn't it?
Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Is buy to let bust Carol ??, well I haven't read the article yet but have one thing to say..
Lets hope so.0 -
In my opinion people who bought new build flats or terrace houses to let out may live to regret it but there is still a market for buytolet which provides a positive cash flow and for those who dont need to sell there should be no great problem.
I think the people who run their properties as a business will survive the storm but those who were think prices would go up without any effort at all will be proved wrong.
I know many people hate the buy2let landlords but they do provide properties for people who dont want to buy and are probably glad they did not buy0 -
Carol is still dreaming.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
-
Most BTL landlords are like Rigsby from Rising Damp, only a bit more tight-fisted and miserable than him0
-
Max_Headroom wrote: »And then where would you suggest that people who don't own their own homes live?
In the same houses, bought cheaply once the BTL chancers have been made bankrupt?'Never keep up with Joneses. Drag them down to your level. It's cheaper.' Quentin Crisp0 -
Max_Headroom wrote: »And then where would you suggest that people who don't own their own homes live?
I know it's hypothetical but if BTL was removed from the market, prices would tank maybe 70-80%, allowing almost anyone with a job to buy. I'm sure we would get the old supply and demand argument again, however my feeling is there never was any supply issues, only affordable supply.
I read somewhere that the housing stock in the UK stood at around 21 million, plenty when you consider a population of 60 million.0 -
I don`t think Carol is dreaming for one moment. This dreadful mess has only just started to play out.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards