Report Do you own property? in House prices and the economy Posted October 29 1 hour ago, desiringonlychild said: i mean, i have thought of buying an apartment in Brighton or a small house in Manchester around the university area and renting it out to tourists and students respectively whilst renting and working in London. Both would cost less than my flat in London and be income generating, while ensuring that I have a rent free place to live in retirement (both are also areas I really like for lifestyle reasons but would not live in during my working years). I would possibly have chosen that option if rentals in the UK were more secure and landlords couldn't allowed to just give you 2 months of notice for you to leave, which isn't the best environment for a family and also if there weren't taxes on BTL for higher rate taxpayers. But at the same time, if renting was more secure, there would be different risks in getting into BTL (its apparently one reason why many young Germans don't buy property because they are scared they would get a job in another city and then be unable to move as renting out the apartment to a random person as an individual is possibly not the best idea in a country with high rental protections. Holiday let would be an option but then what do you do during a pandemic? Take the payment holiday and the £30K grant from the government. I'd bet people are more prepared to stay in a holiday let that's a detached house away from other places rather than a hotel during a pandemic.