Government should help those without bank of mum and dad

ukcarper

CLAPTON wrote: »

Lots of landlord prefer long term tenants : in fact why wouldn't any profit motivated, lazy, idle landlords prefer a long term tenant?

What evidence do you have that there is massive compulsory eviction of private tenants?

I don't think there is and the landlords I know do, but you do not have the certain knowledge that you have a property long term if you need it. I'm not against BTL I just don't think it's only way to provide rental accommodation and that it alone will provide the number of properties required.

CLAPTON

ukcarper wrote: »

I don't think there is and the landlords I know do, but you do not have the certain knowledge that you have a property long term if you need it. I'm not against BTL I just don't think it's only way to provide rental accommodation and that it alone will provide the number of properties required.

Given the enormous profits to be made in letting out property, one does wonder why there aren't lots of large companies (e.g. insurance companies) in the business?

why would that be I wonder?

ukcarper

CLAPTON wrote: »

Given the enormous profits to be made in letting out property, one does wonder why there aren't lots of large companies (e.g. insurance companies) in the business?

why would that be I wonder?

You know as well as I do the profits are not enormous so that is why you need intervention by the government and the savings would be in the long term. I take it as you can't see the long term advantage of owning property you rent.

CLAPTON

ukcarper wrote: »

You know as well as I do the profits are not enormous so that is why you need intervention by the government and the savings would be in the long term. I take it as you can't see the long term advantage of owning property you rent.

bizarre...................?

ukcarper

CLAPTON wrote: »

bizarre...................?

Why because it doesn't confirm to your blinkered view.

CLAPTON

ukcarper wrote: »

Why because it doesn't confirm to your blinkered view.

because you make no sense.

what's council housing go to do with the logic of owner occupation?

are you saying that landlords don't make a profit that's worth making?

ukcarper

CLAPTON wrote: »

because you make no sense.

what's council housing go to do with the logic of owner occupation?

are you saying that landlords don't make a profit that's worth making?

The cost of servicing any loan used to build property will remain the same while private rents will increase with inflation and eventually the property will be owned outright and the only costs will be the running costs.


I wonder how many people would rush into BTL if there was no prospect of capital growth. I believe sensible landlords look at the investment as long term and are happy to accept relatively low initial returns with the prospect of capital growth and higher returns later.

CLAPTON

ukcarper wrote: »

The cost of servicing any loan used to build property will remain the same while private rents will increase with inflation and eventually the property will be owned outright and the only costs will be the running costs.


I wonder how many people would rush into BTL if there was no prospect of capital growth. I believe sensible landlords look at the investment as long term and are happy to accept relatively low initial returns with the prospect of capital growth and higher returns later.

yes indeed, home ownership is a good thing, but what has that got to do with your wish for more subsidised council housing?

ABetterLife

BillJones wrote: »

They don't earn any of their benefits, that's why they are benefits, not wages.

It's not helpful or useful to conflate money handed out to meet basic needs with wages earned for carrying out a job, and there is little reason to believe that the amounts should be comparable.

Note the clever use of quotation marks, dear.

ukcarper

CLAPTON wrote: »

yes indeed, home ownership is a good thing, but what has that got to do with your wish for more subsidised council housing?

I see you are ignoring most of what I put forward as you do with other people.