Report Welcome To The Capitulation Stage? in House prices and the economy Posted October 29, 2010 when sh*t for brains b oomer bulls finally realise that impoverishing later generations leads to lower rents on their BTLs, then they'll get a cold creeping feeling The people I see day after day on Homes Under the Hammer, who have 'portfolios' are not baby boomers. I'm not far off 60 years old - I don't know anyone of my age who is a BTL landlord. I know lots of people who have property portfolios. Most of them are in their 30s and 40s. I used to blame baby boomers but of the many things we are guilty of, that isn't the main one. Look at Homes Under the Hammer, Property Ladder and Location, Location, Location and all the rest of the property porn - not that many oldies on it. As far as I can see, your logic is precisely back to front. Later generations are not impoverished - you're just priced out of the housing market - you still have enough money to club together to pay high rents. Unless you stop paying the rents, nothing will change.