Quote:
Originally Posted by Ramrod
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? 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  |
What's this we, you're not one of them, you're not in their league, you're not even playing the same game as them. why don't you have a look at the link below and open your eyes
http://www.theguardian.com/commentis...ors-uk-housing
---------- Post added at 04:03 ---------- Previous post was at 03:59 ----------
Quote:
Originally Posted by nomadking
How can you say it's in the past, when the subsidies/grants are still in place to this very day. Something built last century, decade, year, or week has been subsidised.
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Because the vast, vast majority of social houses built have had their subsidies paid back over and over.