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"Property Market Cooling"


REH
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http://www.findaproperty.com/cgi-bin/story.pl?storyid=6427

"On this latter point, the MPC believes that the boom in buy-to-let complicates the picture and warns that landlords trying to offload unprofitable investments could tip the market over the edge

"To the extent that house prices were currently out of equilibrium, sales by buy-to-let owners could help to precipitate a more abrupt adjustment."

"

So a slight downshift in the market could scare some BTL's who don't want to lose capital into selling - which in turn would scare other BTL's etcetera - which could be the cause of a "sharp correction" - BTL's are a bane to everyone!

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