tag:blogger.com,1999:blog-1141932539860553199.post3985190539521247661..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Economic Myths: Building more homes will increase owner-occupation ratesMark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1141932539860553199.post-89246575562213484362016-02-15T09:55:14.461+00:002016-02-15T09:55:14.461+00:00Why do Landlords have an advantage, if you keep bu...Why do Landlords have an advantage, if you keep building homes?<br />I have friends in Spain in a town where people want to live, who were renting for 300 Euros pcm, they could buy for 200 Euros pcm (no deposit) and so did so.<br />They as someone who is buying today seem to me to have an advantage over existing landlords as they are not in negative equity. Obviously cash buyers could become landlords but why would they want to, with a large supply of homes? (Speculating only works if there is a limited resource).<br />Obviously in big towns where there is no space this would not be true, although this is a largeish town (over 100,000 people). Although I would doubt if there really is no space in big towns.<br />L fairfaxhttps://www.blogger.com/profile/12274756119129254373noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-46536894870610942132016-02-13T19:21:22.055+00:002016-02-13T19:21:22.055+00:00Telegraph special pleading
How about tax cuts to ...<a href="http://www.telegraph.co.uk/finance/property/house-prices/12154769/George-Osbornes-buy-to-let-raid-risks-damaging-UK-economy.html" rel="nofollow">Telegraph special pleading</a><br /><br />How about tax cuts to increase growth instead?Randomhttps://www.blogger.com/profile/04445772572707818311noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-73348035708066670822016-02-13T15:29:58.714+00:002016-02-13T15:29:58.714+00:00L, aha, thanks. I thought MMR made it a bit more d...L, aha, thanks. I thought MMR made it a bit more difficult for BTL, but if MMR also made it a LOT more difficult for owners, then BTL have inched ahead in relative terms. Correct? Or can you do s post on this?Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-89388454673694429372016-02-13T15:20:39.245+00:002016-02-13T15:20:39.245+00:00The MMR won't help matters at all. In fact it...The MMR won't help matters at all. In fact it further skews the market to landlords and away from FTB. And that is my direct experience working on the sector.<br /><br />The MMR is just another failed intervention in a long succession of failed interventions.Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.com