Wednesday, June 25, 2008
The proBTL media offensive is in full swing
"Amateur landlords who borrowed wisely and put their money into well-located properties, with tenant-pleasing features, such as proximity to public transport and neutral decor, are doing OK, thank you." We should have pity of people like Anne Ashworth who will never financially recover for having bought overpriced properties in 2005, 2006 and 2007. Yeah, rents are going up and so are mortgage rates, but capital value is falling, renters are doing OK, thank you!