Landlords to blame for Britain's rising house prices

stator

IveSeenTheLight wrote: »

Other than single bedroom flats (and some of them may be shares), my experience is that most rentals are shared tenancies.

Why would a renter rent multiple bedrooms and live in the property as a single?

Because we want to
But also because they want a garden, and one bedroom flats don't have them?
Or because they need a home office
Or room for pets
Or because they want a spare bedroom for visitors :beer:
Or just because they don't like being cooped up in a hamster cage

IveSeenTheLight

stator wrote: »

Because we want to
But also because they want a garden, and one bedroom flats don't have them?
Or because they need a home office
Or room for pets
Or because they want a spare bedroom for visitors :beer:
Or just because they don't like being cooped up in a hamster cage

Don't disagree there may be exceptions, but I doubt it's the norm for renters to have multiple bedrooms with single occupancy property.

P.S., it would have been funnier to say you didn't want to be cooped up in a hutch like a rabbit given your avatar

wotsthat

Graham_Devon wrote: »

Imagine you had an asset.

Say that asset is plywood.

You also have all the tools to make lovely wardrobes.

However, plywood itself is increasing in price. It's increasing faster than the price of lovely wardrobes.

So you look at your plywood and think "maybe I should invest instead in more plywood, it's making more than I could making lovely wardrobes".

You then ask yourself...why am I spending money on buying the tools and hiring the people to make lovely warddrobes when my plywood sitting there doing nothing is increasing at a faster rate than my lovely wardrobes are?

And then it hits home....hang on, if I buy more plywood, I'll have even more plywood and others will have less plywood. My plywood will go up even faster....

http://www.telegraph.co.uk/news/earth/hands-off-our-land/9522902/House-builders-sitting-on-400000-undeveloped-plots-of-land-with-planning-permission.html

You're currently refusing to make wardrobes and instead decided to embark on a venture of buying and storing plywood so your cash flow is negative and future profits uncertain.

So, now imagine, as the owner of this fine business, you need to pay your gas bill - where's the money coming from?