Rent trap confounds dreams of a generation - landlord greed grows

Linton

Percy1983 wrote: »

Just a thought, but if there was less landlords there would be more supply, more supply would lead to lower prices, lower prices would mean more could afford to buy, which would mean there is less need for as many landlords.

So they actually restrict the market which then causes people to need them.

But in general rented housing is higher density than owner occupied. So fewer landlords mean more people looking for houses than there are houses freed up for the owner occupier market.

moneyinmypocket

Pearcy loves a booming housing market - he sits in his living room with his large flat screen fist pumping the air

Thrugelmir

ILW wrote: »

It is a low risk business

I suspect we're going to a different picture emerging in the next decade or so. How many BTL interest only mortgages are out there, with little to equity following a period of no capital appreciation.

Average house prices are now only up around 30% on a decade ago.

IveSeenTheLight

Thrugelmir wrote: »

I suspect we're going to a different picture emerging in the next decade or so. How many BTL interest only mortgages are out there, with little to equity following a period of no capital appreciation.

Average house prices are now only up around 30% on a decade ago.

Thrug's how many times?
BTL is a Rental Yield business.
Capital appreciation is only realised when the property is sold off from the BTL portfolio.