Tuesday, February 5, 2008
Poor BTLetter, used, abused and thrown into the garbage bin!
â€œIn any analysis of BTL, it is important to consider the wider benefits [to the economy],â€ said Stephen Nickell, chairman of the NHPAU. â€œTogether with the regulatory changes in the 1980s, the expansion of BTL lending has supported growth of the private rented sector, which now provides homes for 3m households. Increased competition has kept rents low relative to house prices.â€ The studies also examine how buy-to-let investors might behave if house prices start to fall. Without the assumption of continued increases, investors may chose to sell. â€œGiven that BTL investors have boosted house prices during the boom, the likely drying-up of new investor demand is another reason to expect house prices to fall back in the coming years,â€ What an [email protected] MAU HAHAH HAHAH AHH