Wednesday, Nov 19, 2008
Rental demand on the up... sure sure...
Tgraph: Becoming a landlord: Word on the street
... but a new wave of "reluctant landlords" are spoiling the BTL party.
Posted by confused76 @ 01:36 PM (925 views) Add Comment
10 Comments
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1. I Want A House said...
"The Government is mulling plans to carry out such action itself, directly or indirectly, in a bid to prevent the housing market slumping too far. "
So is this the free economy?
2. mark said...
it is a BS brown/blair/bush the 3bs economy
3. magnifico said...
nice to hear from you Confused.. did they censor your trademark laugh?
4. paul said...
So the government takes mortgage lending banks into public ownership just at a time when house prices are falling and now the government is mulling over plans to directly buy houses and rent tham out at a time when rents are falling.
Jesus wept.
5. rm96696 said...
Now that some builders are taking to renting out what they have built one can ask the following question: if BTL was such a good idea why did builders try to sell their properties to amateur landlords instead of just renting them out directly?
6. mark wadsworth said...
"Reluctant landlord"
I love it!
7. maddison said...
Developers spend and borrow lots of money to build so they need it back again quickly ( by selling ) so they can start another development. Also it is more tax efficient to be taxed as a trading company than an investing one. This is why the credit crunch is hitting them so very hard.
8. fjcruiser said...
I would call them "amateur landlords" it would be more appropriate.
9. fjcruiser said...
With completed properties it is better for developers to rent out than paying coucil tax on an empty property, on top of the loan of course. That's the bottom line.
10. mark said...
this is like th next bubble but it is burst already and people are still trying to blow into the pieces of rubber.............