Should people wanting to sell hang in there?

tartanterra

Percy1983 wrote: »

As I keep saying, landlords and landlords alone push rents up to feed there own greed.

Landlords put their cash in property to make a "return".
It's what is called an "investment"

When you make an "investment", you tend to look for "maximum return". Otherwise it simply wouldn't be worth the bother would it?

Every investment is generally the same.

Look at it this way, if your pension provider decided that they didn't want to make a "maximum return" on your pension fund, but would rather be "nice", they could for example, decide that they were going to help out the Greek government and buy Greek bonds at an interest rate of 0.1%.
They could do that, but of course they wouldn't. And that's because clients such as yourself expect them to make "maximum return".

Being a private landlord is a business like any other, and expecting it to operate differently is delusional to say the least.

Percy1983

"there is more demand for rental properties"

"landlords alone push rents up"

tartanterra wrote: »

Yet again, someone shattering their own argument.

No my arguement is those exact 2 points, more demand for rental properties does not FORCE landlords to rise rents.

Greed forces landlords to rise rents.

Refer to post #55 for more info (funnily chucky has left that one alone)

Percy1983

tartanterra wrote: »

Being a private landlord is a business like any other, and expecting it to operate differently is delusional to say the least.

A business which needs a lot more regulation (and tax) applied.

tartanterra

Percy1983 wrote: »

A business which needs a lot more regulation (and tax) applied.

The cost of which, will obviously be passed onto YOU through increased rents.

If you want to make a valid point, then try and inject some reality. You're not very good at this, are you?

DervProf

debtistheft wrote: »

Nice one DervProf, its good to see 'A few good men' standing up to hold back the HPI rampers.

No problem.

I was simply showing chucky some "evidence" that LLs were putting up their rents.

DervProf

tartanterra wrote: »

The cost of which, will obviously be passed onto YOU through increased rents.

If you want to make a valid point, then try and inject some reality. You're not very good at this, are you?

And maybe discourage so many people from buying up property as an investment, therefore giving FTB's a slightly better chance.

Percy1983

tartanterra wrote: »

The cost of which, will obviously be passed onto YOU through increased rents.

If you want to make a valid point, then try and inject some reality. You're not very good at this, are you?

It won't effect ME as I am having nothing to do with this stinking industry.

There would be a point where people just can't afford to rent from you if you keep rising prices, which means you may have to make a loss over the mortgage years (fine since you get a free house at the end of it).

DervProf wrote: »

And maybe discourage so many people from buying up property as an investment, therefore giving FTB's a slightly better chance.

As above.

HAMISH_MCTAVISH

nutsohazelnuts wrote: »

Which is? Because it seems a huge assumption if you think all of the people currently priced out of the market or unable to get a mortgage will suddenly be in a position to buy in a "year maybe two".

It doesn't take "all the people currently priced out or unable to get a mortgage to suddenly be in a position to buy", for prices to rise.

New people come along every year. The current locked out batch can rent forever, and it'll make no difference to prices.

But of course, as each year passes more and more will have saved the deposit and be added to the pool of new entrants who can afford to buy. The upwards pressure will build slowly and steadily for most of the next two decades.

In your opinion will both area's housing markets be behaving the same way?

No idea.

Graham_Devon

HAMISH_MCTAVISH wrote: »

But of course, as each year passes more and more will have saved the deposit and be added to the pool of new entrants who can afford to buy. The upwards pressure will build slowly and steadily for most of the next two decades.

Not of course.

If prices are rising, people won't be saving deposits as fast, as their deposits become worth less each month.

Silly boy.

DervProf

HAMISH_MCTAVISH wrote: »

The upwards pressure will build slowly and steadily for most of the next two decades.

You hope.

OK, let's assume prices do keep rising. Is that a good thing ?

I say - yes, for the greedy, no for the overall benefit of our economy.