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Traditionally those letting houses owned the houses outright - the mortgage was paid off. "Buy-to-let" has changed this but perhaps that is not a good model.
by alexgmcm 8y ago
Traditionally those letting houses owned the houses outright - the mortgage was paid off.
"Buy-to-let" has changed this but perhaps that is not a good model.
- ghaff 8y ago>Traditionally those letting houses owned the houses outright - the mortgage was paid off. So, in other words, they have a bunch of money invested in an asset that, if they sold it, could otherwise be earning some rate of return in some other investment.