Tuesday, December 18, 2007

Has Jeremy been on the Leaf

Landlords 'to take solace from rents'

Sheer desperation from Hot Property as it quotes a certain person from RICS as stating that Landlords can rest assured that their tenants cannot afford to buy their own properties because they cannot save up deposits after paying increased rents.

Posted by enuii @ 10:27 PM (978 views)
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5 thoughts on “Has Jeremy been on the Leaf

  • dohousescrashinthewoods says:

    This is utterly stunning – the idea that landlords can raise rents in order to “lock in” tenants. a) Fantacstically arrogant, b) Fantastical. Can you imagine if landlords actually had that kind of tyrrannical power? Frightening thought.

    Fortunately, thanks to Primelocation, who have put out the most shockingly clear, direct and forthright releases (for someone who should be a VI; other than FirstRung 😉 ) we can see this for what it is – fantasy. Real landlords may or may not be getting desperate, but the rest of the amateur speculative crowd are really ruining their party.

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  • Oh great God Rackman. We worship you. We sell our souls to you. Give us a sign.

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  • That practice is absoutely sick. There should be house rationing, to ensure they everyone is able to buy their own home. The professional landlords should be made to be a thing of the past.

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  • new user 2007 says:

    This is one of the greatest distortions of reality seen thus far….

    The main reason more will struggle is because lenders will no longer give at low deposits and at such high multiples i.e. higher deposits are needed on a higher price than last year. How this then translates into people can’t get deposits as rents has gone up is beyond me!

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