Debate House Prices


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Why the bad news for landlords is just beginning

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Comments

  • wotsthat
    wotsthat Posts: 11,325 Forumite
    The-Joker wrote: »
    Buying is much larger risk than renting

    Quite right. If you buy there's a risk you might actually own a place outright one day. Renting reduces this risk.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The-Joker wrote: »
    Buying is much larger risk than renting

    That's true, and that's why over the long run the rewards are much higher, just like investing v saving.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The-Joker wrote: »
    Buying is much larger risk than renting
    Security of tenure and risk are not the same thing. The nature of renting in UK means you are normally only guaranteed tenure for a year or less.
  • AG47
    AG47 Posts: 1,618 Forumite
    ukcarper wrote: »
    Security of tenure and risk are not the same thing. The nature of renting in UK means you are normally only guaranteed tenure for a year or less.

    The nature of owning a property in a falling market means you are normally in a rush to try to sell before you are negative equity.
    Nothing has been fixed since 2008, it was just pushed into the future
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ukcarper wrote: »
    Security of tenure and risk are not the same thing. The nature of renting in UK means you are normally only guaranteed tenure for a year or less.

    Room in the market for professional LL's though. Stable tenancies are of benefit to all parties concerned.
  • Out,_Vile_Jelly
    Out,_Vile_Jelly Posts: 4,842 Forumite
    Part of the Furniture 1,000 Posts
    AG47 wrote: »
    The nature of owning a property in a falling market means you are normally in a rush to try to sell before you are negative equity.

    Not if you have no need/desire to move and can afford the repayments.
    They are an EYESORES!!!!
  • Jack_Johnson_the_acorn
    Jack_Johnson_the_acorn Posts: 1,333 Forumite
    AG47 wrote: »
    The nature of owning a property in a falling market means you are normally in a rush to try to sell before you are negative equity.

    Blisk4?

    I ask because you seem equally as deluded...... :(
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    AG47 wrote: »
    The nature of owning a property in a falling market means you are normally in a rush to try to sell before you are negative equity.
    No most people just carry on paying the mortgage, knowing they won't stay in negative equity.
  • lisyloo
    lisyloo Posts: 30,084 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ukcarper wrote: »
    Security of tenure and risk are not the same thing. The nature of renting in UK means you are normally only guaranteed tenure for a year or less.

    Why is that the case?
    Most landlords wouldn't sell every year and would want to keep good tenants. Landlords do sell if course, but surely not every year on average???
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    lisyloo wrote: »
    Why is that the case?
    Most landlords wouldn't sell every year and would want to keep good tenants. Landlords do sell if course, but surely not every year on average???
    It's not the fact that they are going to sell it's that they could and end tenancy, which can make it difficult to plan especially if you have children.
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