House Prices

[Mottie]

Lots of reasons it's gone stupid.

Just one. Land. They’re not making it anymore.

 

[^woody^]

It's all the TV programmes promoting housing as investments and not homes. The buy to let mortgages and all the wannabe landlords with their "portfolios". Snap all the flats and new builds up off plan to rent out, don't let a young couple get a chance - but they can rent it for more than their mortgage would have been no problemo.

The same reason why concert tickets sell out within minutes, or sales items are snapped up down the shops. Not for personal use, but to sell on for a profit.

 

[ReganAndCarter]

Part of the problem is you can't get an income from savings so people put their money into property. I know of several people who would rather get a return for their money from putting it into the building society and not have the aggro of buy to let.

 

[noseall]

wannabe landlords with their "portfolios". Snap all the flats and new builds up off plan to rent out, don't let a young couple get a chance

Correct.

 

[Ihavenojob]

the aggro of buy to let.

I have worked in so many rental properties over the years, it put me off ever being a landlord.

 

[securespark]

Yeah, ditto.

 

[EddieM]

I was an accidental landlord briefly once, never again, rubbish tenants, nothing but problems.