Gross rent yields on residential property are as low as 3% in major cities here in the UK with average prices at 8x median earnings. Mortgages rates are fixed

Gross rent yields on residential property are as low as 3% in major cities here in the UK with average prices at 8x median earnings. Mortgages rates are fixed for 2-5 years on average, with lifetime (25-35 year) fixes non-existent, if not so in the BTL sector. Central bank rates are rising. Buy to let as an investment is history. Landlords are leaving the game rather than joining it.