Reform

[Stevo 666]

If you'll take a moment to straighten your toupee Sir, I provided a critique in support of honest mortgaged tax paying UK landlords.

Fair enough, what about the dodgy tenants? Don't want to generalise but there will be quite a few.

 

[Stevo 666]

I’m pretty ambivalent to the plight of landlords. Opening up property purchase availability is a good thing overall IMO. What’s your view?

Opening up property purchase availability by forcing landlords out of the market is not necessarily a good idea - given the laws of supply and demand, reducing rental supply will push up prices for people who want to/need to rent. I think we have seen this in the market as landlords sell up. Clearly building more will help but that will take a long time. The other option is to reduce the net inflow of people into the country as they all need somewhere to live.

 

[monkers]

Fair enough, what about the dodgy tenants? Don't want to generalise but there will be quite a few.

Your original argument seemed to be grounded in socio-politico- economic concern. I grounded my reply accordingly in that context. It's difficult for me to imagine that changes in law would produce a sudden mass change in tenant behaviour. In a structured comparison of whose behaviour is worst, landlord or tenant, I'm not sure I could predict the probable balance of the outcome.

 

[BoldonLad]

Hoovering up properties off the market, doing them up, renting them out, therefore depriving buyers? Driving people into rentals who would otherwise buy? That kind of thing?

I get that there’s a market for it, and I’m sure you’re making money off the process. I don’t even care all that much - horses for courses and all that. But you are part of the problem. It can’t always be everyone else’s fault can it?

Not a "money makering scheme" I have tried myself, but, since such activity is not actually reducing the number of available dwellings, and, may actually be increasing the number of dwellings available, not sure I understand the "depriving" bit?

 

[pinkbikini]

Not a "money makering scheme" I have tried myself, but, since such activity is not actually reducing the number of available dwellings, and, may actually be increasing the number of dwellings available, not sure I understand the "depriving" bit?

I was skewing my argument a bit to make a point. Treating a house/flat (which is a ‘home’ that most people aspire to) as a ‘business endeavour’ and then complaining that youngsters can’t afford to get on the housing ladder struck me as rather ironic. To then follow up with bragging about business acumen when you’ve been able to purchase a property on a low salary decades ago became hypocritical. To then blame it all on ‘them furriners’ became, as someone put, Orwellian.

I’ve no real issue with those who use property as an income generator, but those people can’t blame lack of supply entirely on others. And that’s what he was trying to do.

 

[pinkbikini]

Opening up property purchase availability by forcing landlords out of the market is not necessarily a good idea - given the laws of supply and demand, reducing rental supply will push up prices for people who want to/need to rent. I think we have seen this in the market as landlords sell up. Clearly building more will help but that will take a long time. The other option is to reduce the net inflow of people into the country as they all need somewhere to live.

Reducing landlord rental ownership might help lower prices of those who want to buy. In combination with other approaches.

A combination of approaches to the problem is what’s needed, I agree. Not everyone seems to though.

 

[BoldonLad]

I was skewing my argument a bit to make a point. Treating a house/flat (which is a ‘home’ that most people aspire to) as a ‘business endeavour’ and then complaining that youngsters can’t afford to get on the housing ladder struck me as rather ironic. To then follow up with bragging about business acumen when you’ve been able to purchase a property on a low salary decades ago became hypocritical. To then blame it all on ‘them furriners’ became, as someone put, Orwellian.

I’ve no real issue with those who use property as an income generator, but those people can’t blame lack of supply entirely on others. And that’s what he was trying to do.

Understood, I wasn't defending any particular Landlord's pronouncements 😂

 

[Ian H]

Reducing landlord rental ownership might help lower prices of those who want to buy. In combination with other approaches.

A combination of approaches to the problem is what’s needed, I agree. Not everyone seems to though.

You're missing the obvious one, which is to let councils build council houses.