from today's Guardian:
"Judith and Fergus Wilson used cheap buy-to-let finance to snap up hundreds of homes, mostly around Ashford in Kent."
- They own more than 900 houses
- They will have single handedly pushed up the prices families paid for homes around Ashford
- They have started to sell now into a falling market and at realistic valuations, they can't be far from negative equity.
- As they specialise in small family homes, their selling off of stock mean that their tenants lose their homes
- If the Wilsons lose their big gamble, their tenants will suddenly be made homeless en-masse due to reposession, and through no fault of their own
- This big sell off will push down prices in the area
- From the article above they seem oblivious to the immorality of their own actions