Saturday, January 13, 2007

Novice landlords defy rental downturn

Novice landlords defy rental downturn

Experts fear the buy-to-let investors could be buying at the peak of the housing market and warn that prices could soon fall. Most have become landlords since 2003, long after the property boom began in 1996, which means they are paying much more for each property

Posted by davo453 @ 04:28 AM (553 views)
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4 thoughts on “Novice landlords defy rental downturn

  • Utter madness.

    Is there such a thing as a financial lemming?

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  • Unfortunately until the next ‘get rich quick’ at the expense of someone else comes along there will still be plenty of new amatuer landlords taking the plunge.

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  • The tide will turn. It’s just a matter of time.

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  • No stopping the buy to losers. I still talk to people telling me buy to lose is what to be in for the long term. They fail to rmember you can be burnt in the short term if buying at teh wrong time!

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