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when you’re paying for your landlords mortgage, expenses, tax and profit.
If you pay asking for, say, a two bed in E3 and rent it out to a pair of professionals at market rates you'll basically make zero profit. Yields are poor, despite ridiculous rental prices.
Howard-
Even if you don't make a surplus amount, isn't the profit you make, the amount your mortgage value decreases each month?
I assume very few if any people are having to supplement the mortgage payments they need to make as the rent they charge doesn't cover it...?
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If anything that makes it worse - everyone is shafted and all you gain is increased inefficiency in the housing market.
Soul
Dramatic_Hammer
Almost certainly the latter. Saving a few ££ every day isn’t going to get you a deposit when you’re paying for your landlords mortgage, expenses, tax and profit.