The younger generation and the future cost of housing?

MrRee_2

The market dictates what happens - who wins and who loses.

If one of my BTL's can attract a rental of £1,000 a month and someone will pay that, then I will certainly oblige and take £1,000.

Of course, someone else may only be able to afford £750 a month, but they cannot rent my property - and must take a less perfect property.

It's a free world, you control your own destinies ...... I was in poverty - real poverty - less than 30 years ago. I got up, shook myself down and started building my wealth.

I will take absolutely no speech from anyone on what it's like to be hard up.

chucky

Graham_Devon wrote: »

Germany has a lot of rental regulation. If the investor wants to sell, he/she sells with the tenants in the property.

The tenants can refuse anyone to come in to have a look at the property. The landlords can not increase the rents past a certain percentage each year. The tenants have (life long?) tenancies. The tenants can decorate as they wish.

Works well.

It works well as far as what you know from living in the town you live in Devon.

It has positives and has it's negatives too.

Graham_Devon

chucky wrote: »

It works well as far as what you know from living in the town you live in Devon.

It has positives and has it's negatives too.

Which I assume you know from living in london town (apparently)?

Should think before you try to belittle.

chucky

Graham_Devon wrote: »

Which I assume you know from living in london town (apparently)?

Should think before you try to belittle.

Maybe a few trips to Frankfurt, Berlin or Stuttgart or even know some German people may be a start for you.

You may not know this yet but going to foreign countries and seeing things for yourself is better than reading your "urban myths" on Internet forums like you're doing.

Graham_Devon

chucky wrote: »

Maybe a few trips to Frankfurt, Berlin or Stuttgart or even know some German people may be a start for you.

You may not know this yet but going to foreign countries and seeing things for yourself is better than reading your "urban myths" on Internet forums like you're doing.

And you know I haven't been to these countries.... How?

Quit attacking constantly, it only bites you on the rear each time.

Brallaqueen

Some families, coming together later in life and with properties each, are keeping them as investments for their children. I think that will become more common as will buying properties when children are small/babies and renting them out until 18

chucky

Graham_Devon wrote: »

And you know I haven't been to these countries.... How?

Quit attacking constantly, it only bites you on the rear each time.

You still haven't told us why it's a better system apart from selling the property with the tenant still living there, you can do this in England btw.

Do you want to try again or do you want to muddle it a bit more making it personal like you're doing then run off like a 2 year old?

Graham_Devon

chucky wrote: »

You still haven't told us why it's a better system

Re-read my first post on the subject to see why I think it's a better system.

:wall:

chucky

Graham_Devon wrote: »

Re-read my first post on the subject to see why I think it's a better system.

Quite... it's a perfect system that has no wrong and works well.

Thanks for confirming that you have an outstanding knowledge of rental systems in every country in the northern hemisphere, expansive knowledge about house prices in every city in the UK and how much spare cash people have to spare in every household in the UK.

MrRee_2

Brallaqueen wrote: »

Some families, coming together later in life and with properties each, are keeping them as investments for their children. I think that will become more common as will buying properties when children are small/babies and renting them out until 18

I think you may well be right, I see quite a few of my friends buying up rental properties ..... I'm sure they may give them to their children after University - at about 22 years old.