Quote:
Originally Posted by TheDaddy
More profit is what's got us in this housing mess, we have buy to leave investors snapping up vast swathes of property just to sit on, not to rent but sell on empty in a few years at a profit due to cutting an already limited supply
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It makes no sense for btl investors to buy and not rent out the property. We borrow the money that we use to buy the property so we have to pay interest on that money. Why on earth do you think that we don't rent the property out? We are paying out money for the privilege of owning it. We want to recoup our outgoings. Why would you think that we don't rent the property out? What planet are you living on?
Quote:
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estate agents literally making rents up as they go along in an attempt to screw a few more quid out of people
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Estate agents don't let properties. You really don't have a clue. Please have a read of
this. It's a very good read
