Monday, Nov 12, 2007
Just another piece of VI trash
Mortgage Solutions: Dancing in the Dark
It's the same old story. The end of the buy-to-let world is nigh, as it has been for the last six years, so the mainstream media say.
Despite all of this, buy to let in 2008 will be seen as a safe haven. Why the optimism? The same factors that have always been present. High rental demand and a shortage of housing supply. A third factor is the army of experienced BTL investors who will jump back into the market as soon as it softens.
Posted by little professor @ 12:50 PM (532 views) Add Comment
3 Comments
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1. Chilli said...
Sounds like BTL is the answer to all our woes!!!!
And just the other day an article I was reading compared BTL to sub-prime.
2. paul said...
"Gus Park is director of intermediary sales at Mortgage Express"
*yawn*. I wonder if there's anything good on the telly tonight.
3. Letthemfall said...
Demand will keep prices high, will it? People always need somewhere to live (you can't fault the man's logic).
Yes, demand will keep prices high, as it always has, except for 1989 of course (but that was an exception for some reason or other). Oh, and 1973, but there was mass emigration that year I believe, then they all came back. So apart from 1989, 1973, 19.....