-
But that doesn't really matter to you if you're not one of those buying the properties. A friend of mine has been renting his flat for about ten years. He is too old to get a mortgage now but his landlord has died, the property will go to the LLs daughter and he fears she'll sell up and he'll be out. The idea of pricing landlords out of the market / making the market unattractive, with no social housing alternatives seems a bit mad. Other countries seem to manage with a large rental sector
kilo24-
Other countries seem to manage with a large rental sector
Other countries have much better tenant protections or rent controls, which is the thing sorely missing here. Personally I'd love to see rights of first refusal when a tenant's home is sold, where they could either purchase the place themselves or elect a housing co-op to run it instead.
slippers
But someone has to be buying the properties for the supply to decrease.