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Converted Lurker

Ftb V Btl, An Open And Shut Case?

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FACTFILE ON BUY TO LET

In 1999, there were just 73,000 buy-to-let loans outstanding, with a value of about £5.4 billion.

In 2005, the figure was 700,000 buy-to-let loans outstanding, with a value of £73.4 billion, the Council of Mortgage Lenders says.

One household in ten now lives in privately rented accommodation.

During the buy-to-let boom, the average house price rose from £64,000 to £165,000, according to the Halifax house price index.

Over ten years property has outperformed all other major asset classes: cash grew by 5.7 per cent a year, equities by 7.9 per cent, bonds by 9.3 per cent and property by 11.1 per cent.

http://firstrung.co.uk/articles.asp?pageid...articlekey=2402

Edited by Converted Lurker

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FACTFILE ON BUY TO LET

In 1999, there were just 73,000 buy-to-let loans outstanding, with a value of about £5.4 billion.

In 2005, the figure was 700,000 buy-to-let loans outstanding, with a value of £73.4 billion, the Council of Mortgage Lenders says.

One household in ten now lives in privately rented accommodation.

During the buy-to-let boom, the average house price rose from £64,000 to £165,000, according to the Halifax house price index.

Over ten years property has outperformed all other major asset classes: cash grew by 5.7 per cent a year, equities by 7.9 per cent, bonds by 9.3 per cent and property by 11.1 per cent.

http://firstrung.co.uk/articles.asp?pageid...articlekey=2402

Not far out there CL!

Good thing the economy is cyclical. Over the longer term equities outperform property by about 30%. Property has had a massive inflationary run under Gordon but, like all bad things, they eventually come to an end in tears.

BTL will be the NuLabour's whipping boy with new regs and the ability of local authorities to extend the net to smaller properties (not just HMOs). With yields falling to the lowest level for 4 years we can at last expect some good news as BTL properties begin to find their way onto the For Sale market.

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Not far out there CL!

Good thing the economy is cyclical. Over the longer term equities outperform property by about 30%. Property has had a massive inflationary run under Gordon but, like all bad things, they eventually come to an end in tears.

BTL will be the NuLabour's whipping boy with new regs and the ability of local authorities to extend the net to smaller properties (not just HMOs). With yields falling to the lowest level for 4 years we can at last expect some good news as BTL properties begin to find their way onto the For Sale market.

Not too sure on Nu Labour and whipping boy ref., were not both Blair and Cameron recently summoned to Murdoch towers for him to provisionally appoint the next pm? Could be part of the reason the Tories keep pushing the envelope v HIPS, they can blame; HIPS, BTL, and Nu Lab zero control over house building/ planning when they inheret the mess that will surely unravel. ;)

Simple Idealist that I am, if those 700K properties were occupied by 700K ftbs our society would be a lot more content :( and no need to have this conversation on such a beautiful day :) Time to go..catch up with you later

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If BTL continues to increase and our society becomes “rentier”, progressively fewer and fewer people will be retiring as OOs.

Most people will be unable to afford to pay rent on their pensions, leaving the government responsible for the accommodation of many more retirees than they have to house today.

Will the government eventually be subsidising a large number of BTL landlords?

Are they happy at the prospect of doing this, or do you think that they wear goggles that don’t allow them to plan more than 1 month into the future?

If the government wants to save itself millions in the future, BTL will have to become its whipping boy pretty soon before its too late!

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That's pretty much it. Buy-to-leech infesters and the bankers they have colluded with to create vast new debts have re-ordered society in a negetive way and to no overall benefit.

I'll never forget when me the misses were after some skanky 1 bedder, perhaps around 2002, when FTBs homes were being sucked up by the speculator scum en masse.

I went into an EA to ask about three crap flats in the window.

'They sold this morning to the same investor'.

Scum. All of 'em.

The government benefits by having a mobile, bedsit-hopping workforce easily shoved about to the whims of coporate demand. Stable communities of individual owners is not really condusive to a society run by monopoly capital and the state in perfect cash-for-favours collusion, is it?

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The government benefits by having a mobile, bedsit-hopping workforce easily shoved about to the whims of coporate demand. Stable communities of individual owners is not really condusive to a society run by monopoly capital and the state in perfect cash-for-favours collusion, is it?

im not sure if it even offers that. that isnt a good thing.

governments want stable taxable working families. you cant find them in overpriced bedsits.

B&Q want FTB decorators. they dont grow in bedsits.

Argos want to supply new furniture to growing families. - they cant furnish a rented bedsit.

factories need affordable workers. - people ownt work a 50 hour week for a bedsit existance.

employers need qualified graduates to compete. - graduates wont study for a bedsit goal. they leave.

the workforce isnt easily shoved about to the whims of coporate demand, because the workers wont operate for bedsit wages.

so industry has to find cheaper workers. which is abroad and to europe. where my savings are.

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im not sure if it even offers that. that isnt a good thing.

governments want stable taxable working families. you cant find them in overpriced bedsits.

B&Q want FTB decorators. they dont grow in bedsits.

Argos want to supply new furniture to growing families. - they cant furnish a rented bedsit.

factories need affordable workers. - people ownt work a 50 hour week for a bedsit existance.

employers need qualified graduates to compete. - graduates wont study for a bedsit goal. they leave.

the workforce isnt easily shoved about to the whims of coporate demand, because the workers wont operate for bedsit wages.

so industry has to find cheaper workers. which is abroad and to europe. where my savings are.

Immigrants will take all the Krapp jobs and accomodation and think its heaven !! they also will not push for their rights, an ideal situation for todays so called new work friendly open transparent employers, dont you think? Were doomed a tell ye weer doomed !

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Don't worry about it. Most of them will come back and flood the market when IRs have risen. FTBs will never have had it so good - lots of choice, soft prices.

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Good thing the economy is cyclical. Over the longer term equities outperform property by about 30%.

Do you have a source for that stat?

Does it include the fact that you can use large amounts of leverage with BTL which isn't really available to equities investors (at least not the smalls guys.

Thx, we're working on BTL position for the PricedOut campaign so all this stuff is very useful.

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Do you have a source for that stat?

Does it include the fact that you can use large amounts of leverage with BTL which isn't really available to equities investors (at least not the smalls guys.

Thx, we're working on BTL position for the PricedOut campaign so all this stuff is very useful.

Yesterday's article has been updated to include a link to priced out, the BTL v FTB battle would be an interesting campaign angle for you guys for so many reasons.

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Yesterday's article has been updated to include a link to priced out, the BTL v FTB battle would be an interesting campaign angle for you guys for so many reasons.

Cheers, we're about to promote BTL significantly further up our agenda. Stay tuned.

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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