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.
Does that actually stop rent prices increasing though?
"“The problem is not the allowances, it’s that rents are too high and have been rising for 40 years,” the State Secretary for Housing Julien Denormandie told Le Journal du Dimanche newspaper. "
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?