Report Its Not As Bad As All That.....! in House prices and the economy Posted August 29, 2008 I don't really understand what all the fuss is about. You pays your money and takes your choice.I don't think there's anything inherently wrong with BTL, just like I don't think there's anything inherently okay with STR. I didn't STR out of the goodness of my heart, and it may be that the family who bought my house may have worries about negative equity, or what have you, in the months and years to come. There may be more flattering-sounding motives that I could come up with for why I STR'd, but greed is probably as good as anything else to explain it. Any kind of speculation at all has winners and losers, and if we're going to write off BTLers as the scum of the earth, then I don't quite know why we shouldn't write off any kind of speculative activity in the same breath. Maybe you would... and maybe you'd be right to do so. But I wouldn't necessarily consider BTLers to be any better or worse than any other speculator. Some around here may PERSONALLY be annoyed by BTLers because they have been priced out of the housing market in part by their activities, or because their horrible landlord is BTL 'scum', or because (perhaps through sheer luck of timing) some have made a shed-load of cash in the last ten years whereas others may have missed that chance, but I don't know why BTLers are particularly in the firing line for so much bile. They're just playing the game along with most other speculators. Maybe I'm missing something... I totally agree with you. Good points well made.