normanwisdom wrote:

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

The BTL market will affect price to some degree, but primarily prices
depend on the cost to build new, which in this country is
excessively high. Removing btl would not reduce the cost of new
build any.

Removing btl would also not make those that cant buy suddenly
able to.

As for tenants not having the deposit, maybe they need to learn
basic financial responsibility so they can afford what they need in
life. Its a pretty poor show to blame someone else for that. Doubly
so in a country where minimum wage brings in 3x a single persons
living cost.

And for the last myth, it is surely genuinely naive to believe that
every young person that loses their deposit has been done a wrong.
Unless you believe all youngsters 100% sensible & responsible.

The landlord is demonised by people that dont want to take
responsibility for themselves, but IRL landlords provide a very
necessary service for the many unable to buy. Landlords are
essential service providers.


NT