On 8 Nov, 17:27, Tony Bryer wrote:
On Thu, 08 Nov 2007 09:06:45 -0800 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.

Which lots of people want. If you rent, you know more or less exactly
what your outgoings are and you're free to move on at minimal cost if
you need to move for any reason. And you only need a three or four
figure deposit.

--
Tony Bryer SDA UK 'Software to build on' http://www.sda.co.uk

True there are those who need to rent in that sense but most do it
because they can't afford to buy - which is made worse by BTL boosting
prices. And many can't afford a 3 or4 figure deposite - and of those
that can many don't see it again. I've had 3 kids at Uni at various
times and they have all been ripped off by landlords not returning
deposites.

cheers
Jacob