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Guys Bit Of Help Required, Been Asked To Pen An Article

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got to keep it to 300 words :o Now I seem to recall somewhere there were stats suggesting that up 50% of rental property is empty at any given time and a certain percentage is vacant for long periods. Any idea where I could dig this out as fact? I'm trying to tie it in with a 'part argument' that BTL has displaced ownership and available property by taking perhaps up to 1mil ftb units out of circulation and scandalously leaving x ooo's empty. Add this to propertyfinder.com's assertion that up to 600K empty units need only 13k spending on them to make them habitable and you begin to question the argument of lack of supply etc when perhaps up to a million properties lie unoccupied at any given time. It's just one. of approx. 7 points I want to drive home in the article. Any help mucho appreciated if you want to add point 8,9,10... ;)

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150 words for you:

The last 6 houses sold on a street in Oldham have all been bought by BTL. Short term tenancies, noisy tenants, empty propertys and poorly maintained exteriors degrade the quality of life of the rest of residents. Rapid turnover of tenants is bad for community and society. Stability is needed for families to bring up children in safe secure environments.

What chance do FTB have of getting on the ladder when they're competing with business men who're able to charge twice the rate of rent that the council charge for an identical house?

Lack of rent controls, ease of borrowing and lack of regulation have led to a massive rise in BTL across the UK. This street in Oldham isn't alone in it's percentage of private rented property and we should learn from the Rackman slums of the past to regulate and stabilise society by detering BTL as soon as possible.

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Now I seem to recall somewhere there were stats suggesting that up 50% of rental property is empty at any given time and a certain percentage is vacant for long periods. Any idea where I could dig this out as fact?

It actually sounds rather unlikely to me. I'm sure there is a lot of empty rental property, but surely not that much. I'd love to be proved wrong though :)

The easiest way to dispell the "housing shortage" myth is to point out that housing is not expensive - houses are. That is, rents have not inflated at the same pace as house prices. If there were a real shortage of places to live, rents would have been bid up and up as people scramble to put a roof over their heads. This has clearly not happened: rental yields are at an all-time low. There has not been a massive uptick in homelessness. There is no more and no less "overcrowding" in this country than there was ten years ago.

The bubble mentality has caused people to think that houses and land are in short supply and they must act now to get one for themselves, before it's too late. When this shortage is revealed for what it is - a cunningly mirage projected by the VIs - then sanity will return. All it takes is for people to actually look around them instead of believing every press release they read.

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On the turnover of tenants issue, it's also worth mentioning that the assured shorthold tenancy system is a contributory factor. If landlords were unable to evict tenants without reason at the end of short, fixed-term contracts, this would mean more stability for tenants and smaller turnovers.

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Government intervention or manipulation of the types of mortgages available to FTBs will DRIVE HOUSE PRICES UP - not make them affordable.

It is unfair that existing homeowners can leverage the equity in their existing properties to provide the deposit for BTL - this prices youngsters out as they have to save for the deposit. It means that BTL is essentially a 100% mortgage and, therefore, extremely risky for the stability of the housing market.

HPI is not caused by supply and demand. It is caused by cheap credit. There is always demand for housing as most people want a better house than they live in now or want to buy a house if they are renting.

Second home ownership has priced youngsters out of the market in many areas. There is almost no new house building in pretty areas of places like Devon, Cornwall and the Lake District. Either build homes for young, local people or stop second-home owners monopolising the housing supply.

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