(1) Vast generalisation.
(2) Also i don't set the property prices. Supply and demand does.
I have (3) one additional property for which i pay plenty of taxes. I am an excellent landlord providing accommodation for a family at a fair and reasonable rate of rent. Everything is always up to scratch and sorted out. My previous tenant was disabled and i made numerous alterations to help him.
(4) My property allows a family to have a roof over their heads. They can't afford to buy because they don't have enough money for a deposit. No other reason.
I worked hard, had some luck and managed to take a risk and take a mortgage out. Where's the crime in that? Do you not aim to save money? Invest? Build a future?
(5) And the laws are ridiculous. I had a tenant a few years ago who signed the tenancy agreement. Then constantly avoided my calls when he was weeks late with rent. Ended up in huge arrears. Turns out he was sub-letting my property, making huge sums and then keeping the profit whilst not paying rent. It took months before i could get him out. And he wrecked the entire house before he left.
(6) But no let's vilify Nick who decided to work hard and try to make something of himself.
Stupid socialists.
1 Fair
2 Hate this argument, truly hate it. Private landlording creates higher demand for a lot of those first-time buyer properties becuase of the rental income, which is driven by housebuilders and government inaction. Same argument as Pimps.
3 Then you aren't really the issue we're referring to. I was more talking about city centre landlords driving rents up when the high street is clearly struggling. Short termism at its finest and the reason why shops in particualr should be owned by local councils and managed sensibly rather than raffled off to Rich Uncle Pennybags who really couldn't give a ****.
4 This is the main problem with the way the housing market goes, so basically you're making money off them because you had more, which is the issue we're highlighting
5 The laws aren't perfect and yes the market is ruined by idiots on both sides who do things wrong.
6 Ultimately the problem lies in simply not enough houses being built, which is a failing of government and private housebuilders who have a vested interest in seeing prices rise. It's shit that it's almost impossible to fix.
I understand your perspective and everyone has their own view on this.
(Having started it, this needs to either be moved to a new thread or not be talked about any more!!)