Owning your own home

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Dramatic_Hammer in reply to @Howard

^confirmed BTL Tory cunt.

I kid, there are relatively ethical ways to go about being a landlord. The usual BTL model of the renter paying off the owners mortgage for them and covering costs/tax/etc is not.

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chrisbmx116 in reply to @Dramatic_Hammer

I'm going to argue the opposite...

Imagine a different kind of BTL. Imagine one where someone who has surplus cash buys a place and lets a family live in the place for market value or slightly below for as long as they want. Maybe the people who rent are never able to earn enough for a deposit on their own but have for all intents and purposes their own home.

I was that renter at one point.

Thoughts?

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Stonehedge in reply to @chrisbmx116

Ban BTL altogether. Cash only sales for second homes.
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Dramatic_Hammer in reply to @chrisbmx116

Can work with rent controls and v long tenancies. Problem now is that ‘market value’ in the UK is often more than a mortgage would be and actively suppresses people’s ability to save for that deposit.

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