Landlords quitting “in droves” since Renters’ Rights Act
24 days ago by Codpiece to c/unitedkingdom
Hahaha! Good. That gets rid of the shit landlords. The changes aren't even that dramatic. You can't get rid of a tenant if they haven't done anything wrong, is one of the new changes. If that makes a landlord "quit" then good riddance
This mean that house prices will fall since fewer buyers will be interested. The question is whether the houses will be gobbled up by private equity or will be allowed to fall down enough for more people to start buying houses to live in
Only if those firms smell a profit, which apparently means selling them, rather than renting them.
Unused property makes no money.
I see hope, but likely the government will need to continue to support this.
Oh dear, how sad, never mind.
Oh no! Anyway...
oh no. so like they will sell.
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@feddit.uk
General community for news/discussion in the UK.
Less serious posts should go in !casualuk@feddit.uk or !andfinally@feddit.uk
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Try not to spam the same link to multiple feddit.uk communities.
Pick the most appropriate, and put it there.
Posts should be related to UK-centric news, and should be either a link to a reputable source, or a text post on this community.
Opinion pieces are also allowed, provided they are not misleading/misrepresented/drivel, and have proper sources.
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Posts should be manually submitted, not by bot. Link titles should not be editorialised.
Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
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Good, because fuck people who buy properties just to earn steal money.
save