OK, please don't jump down my throat.
I've got some money to invest and longterm plans involve a move from a cheaper area of the country to a much more expensive one. DH was thinking of buying a small property in the area we're moving to, so that we have a bit of insulation against further price rises. The plan would be to rent it out.
However, I am really uncomfortable with the idea. I know a lot of families are struggling with the housing crisis and that by owning two homes we would really be making things worse. I also feel like there's something wrong about profiting from people less lucky than ourselves (please forgive me, landlords, it's just a personal point of view, perhaps because my own experience of renting was so crap!). So I would want to do something to help the people renting, like maybe help them to build a deposit or something.
I realise this is probably stupid and that the thing is a contradiction in terms. Are there alternatives, like investing in social housing?
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I am having a dilemma about landlords
10 replies
shovetheholly · 28/01/2015 14:44
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