Monday, Jul 21, 2008
Why rents won't rise enough to save buy-to-let landlords
MoneyWeek: Why rents won't rise enough to save buy-to-let landlords
The UK's buy to let and commercial property bubbles popped some time ago. And while there are still some bulls who insist on looking on the bright side, they are very much mistaken.
Posted by damien @ 10:45 AM (543 views) Add Comment
5 Comments
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1. Landedgentry said...
Fun Fun Fun.
2. Stevo said...
I live in Brisbane australia, we get all the same old flannel down here, not enough rental propertys as there are 15,000 people moving into south east Queensland per week so rents will go through the roof, so in the last 10 weeks 150.000 people have moved in, you go round all the agents and there are at least 10 plus rentals vacant, so were do all these people live, and all the hotel rooms are emty, what has this to do with the U/K you ask, well this slump is world wide, We are re locating back to the U/k, and we have found plenty of rentals vacant in the U/K, on the net,I think there is going to be a rental crash, 2 million eastern blockers going home, ect, and 30,000 Ausie finance sector workers heading home.
3. peter_2008 said...
Stevo, Why are you coming back to the UK? The Titanic is sinking. Everyone is jumping off and no naked Kate Winslet here for you to risk your life. I reckon Assuis have a better chance.
4. nopensionnohouse said...
"What the bulls conveniently forget is that as well as rising demand for properties to rent, there's a corresponding rise in people trying to rent out homes that they simply can't sell."
Hmmm. Quite.
5. harold said...
"rents won't rise enough"??
Just had a letter from my landlord offering me the same deal as last year. I'm not complaining.