Saturday, Apr 11, 2015

Ouch!

Guardian: Buy-to-let landlords earn returns of up to 1,400% since 1996

if only we had known then what we know now - we'd have been millionaires!

Posted by cyril @ 08:55 AM (4293 views)
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7 Comments

1. jack c said...

"Buy-to-let landlords have hit the investment jackpot by earning returns of almost 1,400% since 1996" - perhaps on paper !

"property investors who bought 18 years ago are still sitting on large capital gains" - and how do you wash these out year on year ?

A balanced piece of reporting wouldn't go amiss (for once)

Sunday, April 12, 2015 10:57AM Report Comment
 

2. cornishman said...

http://investmentresearchdynamics.com/the-housing-market-media-promoted-fairytales-vs-reality/

Relates to the US market. Similar in the UK?

Sunday, April 12, 2015 01:24PM Report Comment
 

3. quiet guy said...

Trolling, Cyril?

I think it's pretty clear that property owners, including BTL, have done pretty well over the last two decades. That said, being landlord isn't necessarily a stress free way to speculate compared with more conventional investments.

What's the conclusion we are suppposed to take away other than a general distaste for a system that favours one group of society over others? Hooray for inequality and a return to an Edwardian system of haves and have nots?

Sunday, April 12, 2015 02:39PM Report Comment
 

4. clockslinger said...

"What's the conclusion we are suppposed to take away other than a general distaste for a system that favours one group of society over others? Hooray for inequality and a return to an Edwardian system of haves and have nots?" Err, yes, probably!
Why not, it worked like a f'king charm for Thatcher for years and years, so much so that Blair felt it necessary to rape his own party and adopt the same creed to get elected. Alright, yo had a small global economic meltdown due to neo liberal banking de-regulation, followed by private bank losses being shovelled onto public purse, but you still get Cameron fixing it for the elite in the city and telling us it's welfare that's to blame, or immigrants, or not enough houses (rather than QE and unicorn interest rates)
I should also point out that the necessity of inequality and greed are backed by lots of academics like errr, Milton Friedman who (I believe) said "show me a society that isn't run on greed" and was guru to Regan, Thatch and...Pinochet but never mind him)
You asks QG. I is just saying, that's all. Why pick on BTL particularly?

Sunday, April 12, 2015 06:16PM Report Comment
 

5. This comment has been removed as it was found to be in breach of our Blog Policies.

 

6. vinrouge said...

Cameron should extend the new Tory's manifeso "right to by" 35% discount for housing association properties to include BTL ones too.

Tuesday, April 14, 2015 06:19AM Report Comment
 

7. doomwatch said...

Sounds like we need some rigorous new policies that allow Capital Gains Tax to be collected PROPERLY on
these investment gains [not avoided] when there are sold. At the moment, like declaring rental income, it is
left to the individual to declare this on their HMCR self assessments, so I'm guessing a lot of
this "escapes" [oops I forgot my homework sir]. Maybe billions of CGT could be collected
in the coming years as elderly BLTs cash in when the need to pay their VERY expensive
care home fees [£2000 a month on average].

Tuesday, April 14, 2015 12:11PM Report Comment
 

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