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Debate House Prices


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Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Bantex wrote: »
    Because the amount a homebuyer can borrow is more restricted than an investor (demonstrate affordability at 7% rates, no IO, etc etc)



    so basically it will help PN but not the poor renters who are anyway paying 125% of the BTL mortgage payments
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    CLAPTON wrote: »
    so basically it will help PN but not the poor renters who are anyway paying 125% of the BTL mortgage payments
    Without BTL pushing up prices, many of these renters would be able to buy.

    The amount of adults that rent through choice is miniscule.
  • GeorgeHowell
    GeorgeHowell Posts: 2,739 Forumite
    MrRee wrote: »
    By the way, I have FOUR cars and don't actually need any ...... I drive my sports cars for fun, if petrol was £25 a gallon I would love it - the roads would be empty and I could really enjoy myself!

    Life is too short to deprive yourselves of anything .... I'm just off for the weekend on the coast, will be fishing off my boat this evening, wish me luck!

    If you are away for the weekend the lucky ones are all those who don't have your read your piffle. But sadly that's probably another fantasy.

    Please don't delude yourself once again that's it's jealousy. I wouldn't be jealous even if I believed a word of it.

    Sad fantasist.
    No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.

    The problem with socialism is that eventually you run out of other people's money.

    Margaret Thatcher
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Bantex wrote: »
    Without BTL pushing up prices, many of these renters would be able to buy.

    The amount of adults that rent through choice is miniscule.

    the number of people who buy small pokey flats rather that large detached houses through choice, is miniscule

    the solution to a housing problem is to build more houses
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    CLAPTON wrote: »
    are you sure that if BTL didn't exist, that the ex-renter flood of people won't out compete you for the stock of houses?

    At least it'd be a more level playing field! I'd be competing against others who were up against the same issues, so could look at ways to improve my position and feel assured it was achievable.

    When I see BTLers swooping and scooping I just think "no point trying is there..... they'll always be able to out-swoop and out-scoop me".
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    PasturesNew wrote: »
    At least it'd be a more level playing field! I'd be competing against others who were up against the same issues, so could look at ways to improve my position and feel assured it was achievable.

    When I see BTLers swooping and scooping I just think "no point trying is there..... they'll always be able to out-swoop and out-scoop me".

    with the shortage of new building in relation of the sum of peoples wants, I'm not sure that a level playing field will make any difference unless we build sufficient new properties

    clearly the market is fairly dysfunctional which conflicting government policies but the only solution is more properties
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    CLAPTON wrote: »
    with the shortage of new building in relation of the sum of peoples wants, I'm not sure that a level playing field will make any difference unless we build sufficient new properties

    clearly the market is fairly dysfunctional which conflicting government policies but the only solution is more properties
    All true.

    Doesn't stop BTL landlords being parasites though and taking advantage of the dysfunctional market.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Bantex wrote: »
    All true.

    Doesn't stop BTL landlords being parasites though and taking advantage of the dysfunctional market.

    you may indeed hate small business in general and small landlords in particular and that is your choice

    however, there is a real need of rented accommodation: people just starting work; people who are rather mobile and don't want to tie themselves to a property just yet, temporary workers working away from home/country, new immigrants, students of all types, poor people who are unlikely ever to be able to afford to buy, dysfunctional people who couldn't cope with problems of ownership.

    fortunately the small landlords, at least partial compensate for the dysfunctional government policies.
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    CLAPTON wrote: »
    you may indeed hate small business in general and small landlords in particular and that is your choice
    I have my own small business. Doubt if could spend as much time poncing about on here if I worked for someone else.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Bantex wrote: »
    I have my own small business. Doubt if could spend as much time poncing about on here if I worked for someone else.


    most (all) people are hypocrites so no inconsistency there.
This discussion has been closed.
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