Thread: Buy to lets
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normanwisdom normanwisdom is offline
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Default Buy to lets

On 8 Nov, 17:06, normanwisdom wrote:
Nobody seems to have mentioned the ethics of BTL - the fact is that
it's a low form of capitalistic parasitism - hoping to earn money
merely by owning something that other people need. Providing a service
which nobody wants. Nobody loves a landlord, and BTL is a big factor
in cranking up house prices. Be warned - the bubble may burst at any
time and everybody will have a good laugh at the landlords in
difficulties.

Different if you were building new - that could be a useful thing to
do.

cheers
Jacob

Or to put it another way - hoping to get an income of the backs of
people worse off than yourself who can't afford to buy houses. Should
be against the law!

roll on the revolution - landlords first to the wall!

cheers
Jacob