Is the first rung of the property ladder broken?

ukcarper

One thing that amuses me is how a lot of poster are anti BTL and think that BTL landlords are the devil but without BTL where would they rent.

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ukcarper wrote: »

One thing that amuses me is how a lot of poster are anti BTL and think that BTL landlords are the devil but without BTL where would they rent.

I think many people believe that if BTL'rs hadn't snapped up FTB'r houses, using HPI and leverage, most tenants would have bought rather than rented. Although I believe this is partly true, it isn't entirely.

ukcarper

I think they are probably right but if there was no BTL there would be a lot less rental properties

ahome

badly - not due to an inability to borrow and not due to a house shortage .These 2 fictions are government spun lies to deviate attention from the reality of hyper inflation.The first rung of the ladder got moved higher than these first timers could step and still is AFFORDABILITY is the problem - the first rungs not broken , its been moved to far up the ladder.

hearts

Topov wrote: »

the boat had a big hole in it so I didnt clime aboard. now that it's sinking you bulls are all fighting to get into the lifeboats and come back ashore where we are waiting to buy your houses for half what you paid for them.

the difference between you and me is that your losing money everyday as your house loses value while I make money everyday cos my deposit is growing

LOL, money comes money goes. I don't let it effect my disposition either way. Unlike yourself, I take no pleasure from the misfortune of others. Neither do I envy their succes. ;-)

I wish you good fortune, and the ability to handle it with dignity.:beer: