2 ms·
Houses don't suddenly cease to exist when they are withdrawn from rental stock. For small and large landlords they would want to dispose of the asset as it's co
by philjohn 8y ago
Houses don't suddenly cease to exist when they are withdrawn from rental stock. For small and large landlords they would want to dispose of the asset as it's costing them money.
It's the inverse of the problem the BTL revolution had - small landlords buying up housing stock and driving prices up.
So, house no longer for rent - it'll go on sale, which means more houses available on the market, which would depress prices. The problem is that's unpalateable to the large Tory donors, so the only way out is to build build build (and maybe see if it's possible to forbid purchase by anyone but owner-occupiers).