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The rental income from properties is not worth the hassle. It turns a relatively liquid asset into a much more illiquid one – tenancy rights in the UK are quite
by matthewmacleod 12y ago
The rental income from properties is not worth the hassle. It turns a relatively liquid asset into a much more illiquid one – tenancy rights in the UK are quite strong.
If you want to park your money in property, the worst thing you could do is hand control of that money to a group of people with legal right to keep if for certain periods.
- NotableAlamode 12y agoI agree on liquidity, but housing, occupied or not, is quite illiquid anyway. If you care about liquidity, you'd rather invest in other asset classes. Property prices and rental income in London are extremely high. I cannot see how anyone but the extremely wealthy could afford letting London property stay empty as an investment. And there are not enough extremely wealthy around to account for the large number of empty properties that London is allegedly seeing.