Tuesday 12 October 2010

The Buy to Let Boom

It made the Channel 4 news last night. Buy to Let has not been affected by the recession. Young people wanting to buy can't because speculators and buyers are hoovering up what's available.

There are people who want homes to live in and people who want homes to make a living from.

One man owns over 40 properties! Didn't feel bad he was denying someone else the chance to buy at all!

People are being forced to rent that what they cannot buy and the demand in urban centres is so high landlords are able to increase their rents. Oh to be a landlord when the cuts come in!

My property owner bought to rent and is party to my eviction because she wants to upgrade it to get a better market rate (from a professional working couple who can't afford to buy their own). She doesn't want a benefits family because that's the council's problem she does not want.

It feels ever so slightly odd to be the country's housing problem.

The country's housing problem in a neat little package.
I deliberately dressed up very smart yesterday. Bit of mascara, bit of lip gloss.
I mean, who can tell?

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