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gruffydd

New £100bn Buy-to-let Boom Needed To Meet Housing Need

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The UK will require a second buy-to-let boom equivalent to the total £100 billion investment in the sector since 1997 if it is to meeting housing needs up to 2020.

What!!!?????

Does he really think that if BTLers don't buy houses that they won't get built.

The man's a complete idiot.

But, Gruffydd is right. It's the start of the fight back. It's good to see in a way - first signs that their beginning to feel the pain.

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http://www.citywire.co.uk/News/NewsArticle...VersionID=94183

Looks like a concerted PR campaign, sponsored by the BTL industry, is underway this weekend.

What he is basically saying is that current prices are unaffordable to most potential FTB further price rises will push unaffordability further yet prices wont fall redressing this, thus buy to let investors will have to step in a fill the gap. Yet he is ignoring that further price rises without rental price increases will depress yields making the investment less likely to stack up financially. Rental price increases will only be supported by wage inflation which looks to be off the menu, incidentally wage inflation coupled with stagnant HPI would improve affordability for FTB's looking to buy undermining his argument. :lol:

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BTL next door to me chucked out his tenant to sell.

It didn't sell and was on for ages

Lost so much money back on for rent.

He's lost months of rent! Ha ha ha haaaa ha!

Prat.

He must own it outright otherwise he would have just kept the tenants in it on a better rental deal until he could sell it.

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What!!!?????

Does he really think that if BTLers don't buy houses that they won't get built.

The man's a complete idiot.

But, Gruffydd is right. It's the start of the fight back. It's good to see in a way - first signs that their beginning to feel the pain.

I agree. This is so daft it isn't even worth the discussion! :lol:

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