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House Price Crash Forum

Just. Rent. It. Out. Innit.

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So my wife and I are in the process of relocating from the SE to Shropshire.

While checking out list prices in a small market town up there, a young colleague caught me and was astonished that you can buy a 4 bed modernish house (for what that's worth...) for around 160k.

His next reaction though?

You could get four people in there paying £300 a month each!!!

This is from a 'millennial'. Obviously the idiocy runs deep.... How can this be curtailed? :(

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'People Farmer' brand iron indeed!

"Rent the rooms out innit bro". Can't people think of other ways to gain wealth like improving the way they work or a new business idea.

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25% deposit for a BTL IO mortgage at HSBC on a property worth £160k on a tracker = monthly payments of £324. W.T.F.!

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