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>> "I wonder why the UK is so different? Are landlords simply profiteering off a bad situation?" In my experience landlords tend to buy property and then use r
by k-mcgrady 11y ago
>> "I wonder why the UK is so different? Are landlords simply profiteering off a bad situation?"
In my experience landlords tend to buy property and then use renters to pay for their mortgage. And then they add more on top of that so not only is their mortgage being paid but they're earning money too. I know some people for example who are buying a 2 bedroom apartment (they only need a 1 bed) and are renting the second room at a price high enough to cover their mortgage. So basically they're not paying a penny for their accommodation.