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  • Buy-to-Let

    Repentant Landord Bares His Soul, in The Guardian

    You may enjoy reading this, and in particular the comments. It's good to know how well-loved we are:

    http://www.guardian.co.uk/money/2012/feb...buy-to-let

    You might wish to add sensible comments on the Grauniad's site too. I became far too cross to trust myself to do so.

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    Typical sandal wearing, lentil eating left wing loon who probably spends his spare time selling Socialist Worker magazine outside tube stations.

    Interesting that he is 40 and single and in all that time hasn't managed to find a life-time companion too share his views.

    There is a growing and quite distasteful anti-landlord vibe growing in the UK. My view is that they are aiming their guns at the wrong target. Government is to blame for the current housing crisis. For example:

    - barmy planning laws. I understand green-belt issues but there is so much brown belt land which could be developed for which schemes are regularly blocked by loony councils

    - greedy councils and their section 106 agreements making many schemes unviable.

    - lack of bank finance for developers to help them build on sites

    - high public transport costs and fuel costs make commuting to work too expensive which means people must live closer to places of employment. For example a fast train from Peterborough will get you to London in a little more than an hour. But although it is a commutable distance, the cost of a ticket is prohibitive for someone on a normal wage. This leads to increased housing demand in certain areas rather than being more evened out if transport costs weren't so high.  

    - Removal of miras for homeowners on their main home. (They have this benefit in the USA). Removing this was a mistake.

    I could go on but lack of housing supply to meet demand, is not our fault. It is up to Government to implement policies which encourage more housing supply, not prevent it as they are doing at present

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    I wonder if the guy would still have such moral self satisfaction if he hadn't made such a killing out of profiting from the sale of his house in the first place? mmmmmmmmmmm,don't think so.

    Nosmo

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    He is an idiot pure and simple; doesn't seem to have a grasp of basic economics and that nobody is entitled to anything; let alone a house to live in.

    If he was reliant on his rental income he wouldn't have such a holier than thou attitude.

    Philanthropy is fine if you can afford it.

    If not you have to be a hard nosed businessman.

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    But it does fit in with the leftist view of the Guardian - why should a private landlord accumulate a large portfolio that is largely (provision of housing for others notwithstanding) for his benefit.

    Paul Barrett said:

    He is an idiot pure and simple; doesn't seem to have a grasp of basic economics and that nobody is entitled to anything; let alone a house to live in.

    If he was reliant on his rental income he wouldn't have such a holier than thou attitude.

    Philanthropy is fine if you can afford it.

    If not you have to be a hard nosed businessman.


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    Professional student and residential lettings in Liverpool.
    http://www.topproperty-services.com
    Twitter: @ToppropertyUK

    Not much there we dont already know about some peoples' sentiments to landlords. We also know these negative sentiments are often rooted in plain jealousy from people who didnt have the nous/balls to follow the path of those they are envious of.

    As this group of negheads outnumbers landlords - they all take strength and comfort from each others' lack of spirit, Yet - they envy those who take risk and prosper. I think it's called the British Disease.

    Thats why the guy makes the coparison with Oz - where they are more enterprising and supportive of the entrpreneurial spirit than here. Living in London wont help him either because I guess the anti-landlord sentiment is greater in areas where affordability figures are off the scale, and where some people are condemned to a life of renting.

    Interesting that he's technically an immigrant - one of the major reasons for the property problem in the UK - plus he's a data manger for a retail bank - no wonder he's vilified. An Aussie landlord, working for a major bank* hmmmmm. Thank god he's not a traffic warden in his spare time too!

    Apparently, good samaritan that he is, he had a major change of heart owing to rising house prices ( do-gooder speak for - he cashed in big-time). I wonder if he donated his after tax profit to a homeless charity? Answers on a postcard please.

    He says 'It's not nice to profit from a persons' need to sleep somewhere' Try telling that to Premier Inns.

    He seems a nice guy etc, but this is a typical Guardian set-up puff piece probably by one of their hacks' best 'friends'.

    He can't quite make the link as to why the Chancellor isn't being too harsh with BTL investors - bless.

     

    *personally I have no issues with either Australians (some of my best friends family members are ex-convicts) - but some people do, landlords - obviously, or major banks - they were smart enough to lend me lots of money and profit from me.

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    Very amusing Jack; you are absolutely correct in all your contentions.Jack Jones said:

    Not much there we dont already know about some peoples' sentiments to landlords. We also know these negative sentiments are often rooted in plain jealousy from people who didnt have the nous/balls to follow the path of those they are envious of.

    As this group of negheads outnumbers landlords - they all take strength and comfort from each others' lack of spirit, Yet - they envy those who take risk and prosper. I think it's called the British Disease.

    Thats why the guy makes the coparison with Oz - where they are more enterprising and supportive of the entrpreneurial spirit than here. Living in London wont help him either because I guess the anti-landlord sentiment is greater in areas where affordability figures are off the scale, and where some people are condemned to a life of renting.

    Interesting that he's technically an immigrant - one of the major reasons for the property problem in the UK - plus he's a data manger for a retail bank - no wonder he's vilified. An Aussie landlord, working for a major bank* hmmmmm. Thank god he's not a traffic warden in his spare time too!

    Apparently, good samaritan that he is, he had a major change of heart owing to rising house prices ( do-gooder speak for - he cashed in big-time). I wonder if he donated his after tax profit to a homeless charity? Answers on a postcard please.

    He says 'It's not nice to profit from a persons' need to sleep somewhere' Try telling that to Premier Inns.

    He seems a nice guy etc, but this is a typical Guardian set-up puff piece probably by one of their hacks' best 'friends'.

    He can't quite make the link as to why the Chancellor isn't being too harsh with BTL investors - bless.

     

    *personally I have no issues with either Australians (some of my best friends family members are ex-convicts) - but some people do, landlords - obviously, or major banks - they were smart enough to lend me lots of money and profit from me.


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