Landlords quitting “in droves” since Renters’ Rights Act
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14 replies
Good, because fuck people who buy properties just to
earnsteal money."earn"
Hahaha! Good. That gets rid of the shit landlords. The changes aren't even that dramatic. You can't get rid of a tenant if they haven't done anything wrong, is one of the new changes. If that makes a landlord "quit" then good riddance
This mean that house prices will fall since fewer buyers will be interested. The question is whether the houses will be gobbled up by private equity or will be allowed to fall down enough for more people to start buying houses to live in
Nah, the houses will be bought by investment firms. Rent prices ain't going anywhere.
weeps
Only if those firms smell a profit, which apparently means selling them, rather than renting them.
Unused property makes no money.
I see hope, but likely the government will need to continue to support this.
There was a short term burst of 1/2 bed houses on the market. It's mostly worked through now.
Source: I want to move house.
Lol. Fuck 'em. Parasites.
music to my ears!
Oh dear, how sad, never mind.
Oh no! Anyway...
oh no. so like they will sell.
Most of them overpaid and overmorgaged. They had to rent out at the highest possible rent to generate profit. Now they get fucked by their own greed.
Pog