Buy to lets
wrote in message
ups.com...
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.
You mean like food retailers - are they similar low forms? It's impractical
for everyone to grow their own food or they don't want to, so retailers form
to provide the food at a cost which the consumer accepts and which benefits
them. Some can't buy property or don't wish to, others fulfil the need by
sourcing the property and letting it out at a cost the consumer accepts and
which benefits them. The more landlords the better for the consumer as the
letting prices will drop.
--
Bob Mannix
(anti-spam is as easy as 1-2-3 - not)
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