Bbc One Panorama Tonight Slum Landlords

[Delbow]

On 27/03/2023 at 09:18, crookesey said:

So someone looking at life on a State Pension should not attempt to supplement this by putting their life savings into property to let out to private tenants?

Come on, who buys a house with their 'life savings'? The people who have multiple homes that they rent out got them by a) being born at the right time, meaning they could buy when housing was cheap and then cashing in when the prices went mad, b) inheritance, c) moving into a council house with the intention of using the massive right to buy discounts and then letting them out, d) using their existing assets to take advantage of tax breaks on BTL. The idea that private landlords are made up of Janets and Johns who scrimped and saved on their meagre wages to buy a second home in their twilight years is ridiculous.

Edited March 31, 2023 by Delbow