tag:blogger.com,1999:blog-1141932539860553199.post8464134481906412907..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Reader's Letter Of The DayMark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1141932539860553199.post-838256631715472062014-09-29T18:29:08.010+01:002014-09-29T18:29:08.010+01:00AKH, Bj, it is quite possible that BTLers are coll...AKH, Bj, it is quite possible that BTLers are collecting even more rent than my higher estimate, but that's details details and all just backs up the Reader's Letter.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-46113465178957568162014-09-29T14:21:33.790+01:002014-09-29T14:21:33.790+01:00Private rented households in the UK=18%.
Total UK...Private rented households in the UK=18%.<br /><br />Total UK rental value=£300bn<br /><br />Landlord income=£54bn<br /><br />But, private rental homes are 30% in London and higher than average in the SE. Of course rental accommodation is more likely smaller houses and flats.<br /><br />Even so, due to the London effect, I think that figure (£54b) is more likely to be higher. >£60bn perhaps?<br /><br />And, london has much higher land values as % of total value.<br /><br />Hence, land rent alone for private rented housing is >£40bn per year.benjhttps://www.blogger.com/profile/11544297406005346095noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-76623815785322730782014-09-29T12:04:05.089+01:002014-09-29T12:04:05.089+01:00There are lots of old terraced houses round here, ...There are lots of old terraced houses round here, built when the mines were working. They make good starter homes but landlords seem to be snapping them up.<br /><br />On a local estate, relatively new small semis supposedly built for first time buyers are being gobbled up by landlords within weeks of going on the market.A K Haarthttps://www.blogger.com/profile/05897490979828603179noreply@blogger.com