Thread: Buy to lets
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The Natural Philosopher The Natural Philosopher is offline
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Default Buy to lets

normanwisdom wrote:
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!


Well tahts must be why Nu Laber hasn't built a single councl house in
years then.

roll on the revolution - landlords first to the wall!


After you then.


cheers
Jacob