C4 Dispatches - The British Property Boom

CLAPTON

JencParker wrote: »

So, why do you do it if not for financial reasons?

the vast majority of people without independent means, expect financial reward for their efforts.

it doesn't make the products and services less useful or valuable

TickersPlaysPop

Cornucopia wrote: »

In my case, it's my living.

Also, I was objecting more to your characterisation of it as some kind of exploitation. It's no more exploitative than selling potatoes in a lay-by.

The idea that BTL LLs act as a cartel or lobby Government to make policy changes to our benefit is nonsense. I'm not even sure that there is a LL's organisation - I don't recall hearing about one.

We all need to know who it is that is posting, and I'm glad some Landlords make it clear who they are here.

The argument between LL's and those that want a housing system change is useless and predictable.

Landlords are posting here to suppress and discredit any suggestion of a change that is not in their favour.

CLAPTON

TickersPlaysPop wrote: »

We all need to know who it is that is posting, and I'm glad some Landlords make it clear who they are here.

The argument between LL's and those that want a housing system change is useless and predictable.

Landlords are posting here to suppress and discredit any suggestion of a change that is not in their favour.

that's called democratic debate : where all opinions can be freely expressed.


Obviously you don't agree with that.

jjlandlord

TickersPlaysPop wrote: »

Landlords are posting here to suppress and discredit any suggestion of a change that is not in their favour.

I don't think you need help to be discredited.

In your signature you say that you are here to learn, yet it is obvious that you won't.

TickersPlaysPop

MSE have already made a move away from annoymous posting, with the introduction of badges.

Soon, those on MSE forums, who do not comit to stating up front 'who they are' in even the broadest terms, will not carry any weight or authority.

This is a very positive move in my opinion.

chucknorris

TickersPlaysPop wrote: »

Landlords are posting here to suppress and discredit any suggestion of a change that is not in their favour.

Why on earth would we do that? I certainly don't. There are only a handful of posters using this forum board and I find it hard to believe that any of them have any influence. What will be, will be, I tend to be a realist, there isn't any point in being otherwise, to do so would merely set yourself up for a rude awakening in the future.

Cornucopia

TickersPlaysPop wrote: »

We all need to know who it is that is posting, and I'm glad some Landlords make it clear who they are here.

I think it's reasonable to indicate any potential vested interest. Although I'm not sure that being a LL necessarily promotes a single view, nor one as virulent as the nebulous anti-capitalism we see so much of here.

Can we characterise the anti-BTL vested interest as a desire to take housing, housing wealth and in some circumstances non-housing wealth away from other people for the benefit of your demographic group?

The argument between LL's and those that want a housing system change is useless and predictable.

I'm not sure why you would say that. (It is, to coin a phrase, useless and predictable).

LL's have a professional interest, and an interest as citizens in a democratic country. It doesn't help that some of the anti-BTL comments have so little detail and are so economically naive. It seems a shame not to comment on them, and as you see from my/others' posts, we're actually asking for more detail so we can better understand what it is that you propose, and help you understand any flaws in it.

Landlords are posting here to suppress and discredit any suggestion of a change that is not in their favour.

Come up with proposals that are economically and practically sound and we can discuss them. Post details of actual cases where people have allegedly been disadvantaged, and we can examine them.

If people post vague, naive, hate-filled tosh then I don't think it's unreasonable to comment accordingly. Particularly since I, personally, am one of the targets of some of the hate.

CLAPTON

TickersPlaysPop wrote: »

MSE have already made a move away from annoymous posting, with the introduction of badges.

Soon, those on MSE forums, who do not comit to stating up front 'who they are' in even the broadest terms, will not carry any weight or authority.

This is a very positive move in my opinion.

Many readers judge a post by the quality of the ideas and/or the logic and/or reasoning and/or the quality of the data provided and/or quality of the references and/or peoples personal experiences etc.
An idiot that continually expresses foolish views and staunchly refuses to learn anything will continue to be considered such whatever their self proclaimed virtues.

ruggedtoast

Cornucopia wrote: »

In my case, it's my living.

Also, I was objecting more to your characterisation of it as some kind of exploitation. It's no more exploitative than selling potatoes in a lay-by.

The idea that BTL LLs act as a cartel or lobby Government to make policy changes to our benefit is nonsense. I'm not even sure that there is a LL's organisation - I don't recall hearing about one.

People have a choice whether to buy potatoes from a layby. They don't have much of a choice about whether to have a home or not.

I don't think the government especially cares about small scale investors, they do however care a great deal about bankers being able to continuing profiting from mortgages.

If the landlord does very little to earn the money to pay off their mortgage, the banker who issued the mortgage really is on easy street. The only person in this equation who is being bent double and shafted is the tenant of course.

But no one cares about tenants. Anyone who is stuck renting is a second class citizen anyway.

CLAPTON

ruggedtoast wrote: »

People have a choice whether to buy potatoes from a layby. They don't have much of a choice about whether to have a home or not.

I don't think the government especially cares about small scale investors, they do however care a great deal about bankers being able to continuing profiting from mortgages.

If the landlord does very little to earn the money to pay off their mortgage, the banker who issued the mortgage really is on easy street. The only person in this equation who is being bent double and shafted is the tenant of course.

But no one cares about tenants. Anyone who is stuck renting is a second class citizen anyway.

people have a huge choice of where they live and in which properties they live in.
Except for monopoly suppliers like local government and the Housing association cartels people, are free to live where they can afford.


We have 500,000 immigrant each years : additionally we have 100,000s of young people leaving home and seeking accommodation.
It is obvious that many (most ) of these people want rental properties.


Providing a rental property is an absolutely vital essential service.


You personally may consider tenants as second class citizens but that reflects your values.


Mortgage lending to either the owner occupiers or to landlords is low risk for the lenders.