Landlords could be a threat to banks and wider financial stability

cells

antrobus wrote: »

I would have though that was obvious.

But apparently not.:)

buying a £500k property in inner London vs 5 x £100k properties in Manchester means the London property will have substantially lower running and maintenance&repair costs and time costs. If you use finance the finance is also cheaper for the £500k property (1 valuation fee rather than 5 and cheaper overall lifetime finance costs)

It does not matter that tradesmen might be marginally cheaper in Manchester

antrobus

cells wrote: »

buying a £500k property in inner London vs 5 x £100k properties in Manchester means the London property will have substantially lower running and maintenance&repair costs and time costs. If you use finance the finance is also cheaper for the £500k property (1 valuation fee rather than 5 and cheaper overall lifetime finance costs)

It does not matter that tradesmen might be marginally cheaper in Manchester

You are simply adopting the same old rhetorical gambit. Faced with clear evidence that you are wrong about something, you resort to citing some unsubstantiated and hypothetical example in order to try and shift the argument somewhere else, in the hope that everyone will forget that you were wrong in the first place.

And so far in this thread, you have been wrong about;

the relative risk of BTL lending
the maturity of UK government debt
the relative yields on London property.

At least you are consistent.:)