19-11-2016, 14:35
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#6
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Sad Doig Fan!
Join Date: Aug 2007
Location: Barry South Wales
Age: 69
Services: With VM for BB 250Mb service.(Deal)
Posts: 11,835
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Re: How to keep house prices low for generations to come
Quote:
Originally Posted by Taf
The only way to stop the growth of the bubble would be to build more homes than were required. And with the present demand that would take a building revolution which we are always told is "planned" but never happens.
Oh, and make buy-to-let a lot less easy and lucrative for the vultures.
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Done.
"Not long ago it was the investment for choice of the middle classes. "My buy-to-let is my pension," was the refrain of the two million strong army of small landlords.
But in less than two years this form of investment has been all but destroyed.
A series of tax and regulatory changes, spearheaded by former Chancellor George Osborne, has left landlords reeling - even though the full implications are yet to be felt.
Middle-class mortgaged landlords will be hardest hit, with the retirement plans of many thrown into disarray.
Large-scale landlords and those operating as companies will escape largely unscathed, however.
Last year the buy-to-let boom peaked, with a 26pc rise in lending to investors and £15.6bn lent to landlords to buy property. "
http://www.telegraph.co.uk/investing...-in-16-months/
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