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BTL Tycoon plans ftb'r extinction?
Comments
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he,s welcome to the lot. IMO.0
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Has anybody thought what this would do to rents? This magnitude of supply, all coming online in a very short period of time?0
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Nelly lives in a portable bus shelter??FREEDOM IS NOT FREE0
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Has anybody thought what this would do to rents? This magnitude of supply, all coming online in a very short period of time?
seems he has found a way to produce a self serving spiral.
He floods market ...Rents drop by say 15- 20%.... buy to let'ers panic ...He gets to buy lots more cheap...
..As long as he holds his nerve ....and about a million other variables work in his favour..After ten years he owns half the rental property in the uk..
The first thing that I can see that will slow his assault on the property market is the Developers ...It's what the do..give them more money ,and sure as eggs is eggs they will find some way to justify building more of the same.0 -
Nelly lives in a portable bus shelter??
No he doesnt live there, but he has a soft spot for them
http://forums.moneysavingexpert.com/showthread.html?t=438868
Enjoy!
Cate0 -
£100,000,000 is a little over 0.1% of the BTL lending last year.
I think this should be called the Drop in the Ocean Fund.
It's most interesting because a big bank and a savvy investor are positioning themselves for a fall in house prices.0
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