Thursday, July 18, 2013
A third of MPs are buy-to-let landlords
... there's a glaring omission from any discussion of a property market so distorted and unequal that a report published this week showed a third of the country is effectively off limits to families on an income of less than Â£22,000. (Not off limits in the sense of buying, you understand; that's been the case for years. Off limits even for renting.) And of the fact that this same property market â€“ in terms of its legislative oversight, financial regulation and taxable structure â€“ is overseen by a parliament in which a third of MPs are buy-to-let landlords.