Housing benefit to private landlords

System

It was the case for both National and London property. You can see it by looking at the standard uk house price chart. When the magic wand was waved about by central bankers, prices increased rapidly.

The housing market is broken, it's a ATM for central bankers now.

cells

mrlegend123 wrote: »

It was the case for both National and London property. You can see it by looking at the standard uk house price chart. When the magic wand was waved about by central bankers, prices increased rapidly.

The housing market is broken, it's a ATM for central bankers now.

Your posts are worthless

System

Don't be like that because I am only stating the facts. My posts are worth my typing

cells

mrlegend123 wrote: »

Don't be like that because I am only stating the facts. My posts are worth my typing

When the magic wand was waved by central bankers.....yeh great insight data analysis and logic

Thrugelmir

mrlegend123 wrote: »

LLs know that Buy-to-Let creates its own demand. Every property 'snapped up' turns a potential homeowner into a renter. Good business plan.

There are many for various reasons cannot buy. Despite the Government schemes, low interest rates etc. Buying up stock in itself isn't a business plan. That concept comes from the UK's obsession with property as an investment.

System

I agree Thrugelmir. The good business plan was abit of sarcasm lol. The central bankers will get their big black magic wand again and move it around in circles. The magic will be some sort of direct helicopter money for the property market. Who knows.

cells

Thrugelmir wrote: »

There are many for various reasons cannot buy. Despite the Government schemes, low interest rates etc. Buying up stock in itself isn't a business plan. That concept comes from the UK's obsession with property as an investment.

Landlords only bid on behalf of tenants.

Some tenants want or need to live 4-6 to a house they don't buy together like that as well no one buys a house as 6 pepple so a landlord buys and forms this HMO which can be high quality and low price due to sharing bills/rent. This is a good supply of additional bedrooms.

Some tenants are locked out of the mortgage market because middle class regulators are happy to set up the system so these working class can't bid. Without self cert they have no choice to rent and the landlord provides this

Some tenants need to rent. Students or those who need to rent a house closer to work for weekdays (they may own their home but rent a small flat or room temporarily)


The majority of private rentals are these HMO types. Either fully HMO (where the landlord rents by the room) or 'virtual' HMOs where a group of friends rent together from the landlord. In no way does this force a would be owner to be a renter. If anything these private rentals add to supply pushing down rents and prices.

ukcarper

mrlegend123 wrote: »

I agree Thrugelmir. The good business plan was abit of sarcasm lol. The central bankers will get their big black magic wand again and move it around in circles. The magic will be some sort of direct helicopter money for the property market. Who knows.

You really need to stop reading HPC or at least try to see through their conspiracies.

System

Read some of BoE's minutes & reports or books by central bankers.

Thrugelmir

mrlegend123 wrote: »

I agree Thrugelmir. The good business plan was abit of sarcasm lol. The central bankers will get their big black magic wand again and move it around in circles. The magic will be some sort of direct helicopter money for the property market. Who knows.

No direct money. Totally the reverse. The air is being very slowly engineered out of the balloon.