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  • 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?

  • 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.

  • Sounds about right, dont get me wrong, I'm not arguing that the current market is right, I'm arguing against the assumption that anyone with more (or less) is "scum".

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