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Debate House Prices
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NewBuy costs more than renting
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I would guess that those that are encouraging people to buy are not landlords? Its not rocket science to work that out...
TBH, it applies to anyone who is heavily borrowed on property. The ceiling for rents is not numerical demand but take home pay and some people are already handing over 75% of their wage cheques to their landlords. Many landlords are barely covering their costs and others are losing money. They need house prices to rise and that means more buyers with large incomes and/or deposits.0
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