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Your parent post is not talking about some schmuck moving abroad for a few years. He is talking about the type of person who buys up property with the sole inte
by 67726e 12y ago
Your parent post is not talking about some schmuck moving abroad for a few years. He is talking about the type of person who buys up property with the sole intention of making money by renting it off to others.
- Sophistifunk 12y agoWhere the hell else will rental properties come from?
- sliverstorm 12y agoPerhaps you buy a second home and have enough income to keep & rent your first home. Perhaps it is a vacation home for you, so you timeshare.
- eru 12y agoHow is buying a second home and renting out the first one different from buying a second home and renting out the second one?
- sliverstorm 12y agoOh, I can't prove anything, but to explain what I mean a little better, renting the first is a much more natural progression. Like a hermit crab moving up in shell sizes. You rent the first property as a consequence of buying a new house, rather than as the entire purpose of the second purchase.
- eru 12y agoSo even if it was more natural, why is it better (and for whom)?
- tonyedgecombe 12y agoI think we would be better off with more businesses and less private landlords in the UK. The current situation doesn't work very well for many tenants.
- DanBC 12y agoHow do you define "business"? BtL landlords with a property portfolio are businesses. Excluding those there are very few businesses that rent homes. The few that exist work at the lower end renting social housing. There have been severe criticisms of business-landlords. I'm trying to find some cites but business landlords have been implicated in poor maintainence, leading to deaths from carbon monoxide. Letting agents don't own the properties, they just handle the details for the landlords.
- rahimnathwani 12y agoHow would fewer private landlords help?
- tonyedgecombe 12y agoNot all but many private landlords can be fickle, turfing you out on a whim, getting into the business without realising the costs, basically having an amateur attitude to the endeavour.