BTL, vile lowlife business, nobody wants to be living under their roofs

tartanterra

Having re-read your original post on this thread, it appears you have some real pent up anger.

The_Fox wrote: »

"scum"

"vile"

"i would still attack"

"reptiles"

"lowlife"

"filth"

"worms"

"i really hate them"

With statements like that, I can see that you are obviously well qualified to call others "evil".

I think you really need to lighten up a tad.

chucknorris

Joeskeppi wrote: »

Harold Shipman, all doctors are evil scum.

Did that make me look as stupid as Fox? It's a hard act to follow.

NO sorry, must try harder (and of course actually believe it).

Ste.._2

Great post by the OP!!

The answer is really quite simple; ban the BTL mortgage product and abolish the AST. Return to secured tenancies like the boomers had. If these "property experts" were worth their salt, then they would still make money surely?? unless they're all debt addicted fly-by-nights???

BTL dies overnight, house prices collapse to a level where those who want to buy can buy.

The nouveau rich, "it's me pension", "no pets no kids" scum crawl back into their holes and something akin to utopia will descend on the UK

Houses will be bought by large organizations and rented out on long term contracts so families can flourish once more without the cloud of some hormonal middle aged hag poking her nose in to see if you're hoovering as much as she wants you to.

BTLers, you aren't providing some essential service that would make everyone homeless if you gave up tomorrow. You're simply the architects and one off beneficiaries of the biggest ponzi credit boom in history. A shameful period of our history whereupon a single batch of people greedily hoovered up property in a mass orgy of shame, pricing everyone out and convincing each other they were "considerably richer than yow" over the dinner tables.

You're welcome! :T

ladymarmalade1970 wrote: »

If you want something go out and earn it the same way they had to

By borrowing it from a bank?? Yeah, really hard work!

Conrad

Ste.. wrote: »

The nouveau rich, "it's me pension", "no pets no kids" scum crawl back into their holes and something akin to utopia will descend on the UK

I seem to recall this past utopia you hark back to before the advent of mass B2L. Rigsby and co spring to mind.

Look you one day may decide to forgoe spending some money and divert it into buying a B2L, thats real cash your family may have enjoyed here and now while you are alive and well, being diverted and tied up for years, possibly never to be enjoyed if you the LL dies younger than hoped for.

Then you would feel very differently about pets recking your hard won little investment egg.

Conrad

Ste.. wrote: »

By borrowing it from a bank?? Yeah, really hard work!

Deposits and costs come out of hard won earned income to start with - the very same income you work hard for. Then there's the owrry and sleepless nights of it all - that is a form of labour. I see LL's getting into very nasty worrying situations when tenants get into arrears.

Many people would not have the [EMAIL="baa@lls"]baa@lls[/EMAIL] for it - plenty admit to this.

Ste.._2

Conrad wrote: »

Deposits and costs come out of hard won earned income to start with - the very same income you work hard for. .

Deposits came (deliberate past tense) from MEW, vendor gifts and all sorts of nefarious activities by developers, brokers, lenders and estate agents to ensure people could outbid FTBers with no money down.

Or of course they came from plain old good luck by being born in the 40's and 50's and so having massive amounts of cash to hand after being gifted free council houses, cheap right-to-buy council houses, and cheap house prices brought about by secure rental tenancies keeping a housing boom at play

They may now be coming from genuine hard work, but the catastrophic damage to the housing prospects of an entire generation, and the passing of the bill to the next generation, is now complete.

Do you still want to play?

YOur "pets wrecking my pension" comment is beneath contempt. Your attitude should be outlawed, it's no business what someone does in their own home, no matter if you technically "own" it

tartanterra

Ste.. wrote: »

Your attitude should be outlawed, it's no business what someone does in their own home, no matter if you technically "own" it

Actually, it is their business.

If a lease has been signed, and the terms of the lease are being broken, then it is the "owners" business. (unless, of course, you are advocating anarchy)

Ste.._2

Not true, some terms are unenforceable. Just because a contract has been signed, doesn't make everything contained within it law. You can't sign your life away, as they say.

But you're completely missing the point. I said their attitude should be outlawed, at which point it would be illegal to put such terms into the contracts in the first place.

tartanterra

Ste.. wrote: »

Not true, some terms are unenforceable. Just because a contract has been signed, doesn't make everything contained within it law. You can't sign your life away, as they say.

But you're completely missing the point. I said their attitude should be outlawed, at which point it would be illegal to put such terms into the contracts in the first place.

What are you on about????

You want to legalise the wrecking of other peoples property?

Absolute nonsense.

WhiteChristmas

Cleaver wrote: »

Where, or who, would we rent a house from if you 'ended' buy to let?

The objection is not to multiple ownership and private letting, it is specifically to BTL which has artificially sustained the property bubble such that a bust -- should it come -- will be more pronounced than any before it.

But we've done away with boom and bust, haven't we? Oh, wait a minute...