To not feel sorry for buy to let landlords

[feellikeahugefailure]

now the tax rules have changed and their borrow to let becomes a huge liability. Isn't that just part of speculating / investing? Sometimes you win, sometimes you loose. Signing up to many decades of debt its hardly unlikely that there are policy changes in that time.

Landlords in 5 star hotel moaning

And the people who can't raise a deposit or get a mortgage?

Right to buy has caused just as many problems as BTL, if not more

Right to buy has caused just as many problems as BTL, if not more

Right to buy has caused just as many problems as BTL, if not more

Agreed.

If here hadn't been and RTB the tenants dying off in central london would be releasing the housing stock for more council tenants. Now their shitty 1 bed flats in Hackney are being sold for £500k to young professionals. Massive housing policy fail.

YANBU.
they can jog on as far as i'm concerned.

They would buy as the vast vast majority want to. The houses are not destroyed if btl scum sell them

No they wouldn't!

You don't seem to understand that not everyone is in a stable family set up and living in the location they want to buy in!

Buying has huge transaction costs.

Also shit loads of people should never buy - those without adequate job security/income/deposit. I think the 2008 crash told us that. Stupid people over leveraged themselves and couldn't sort their shit out and make repayments.

BTL market should be properly regulated.There should be cap on rent charged. Government seemingly try to regulate BTL market through newly introduced tax,but LL will just pass the cost onto tenants.
Housing should be affordable and without government regulation it is not and never will be. Some people have good wage,in stable jobs and can easily afford mortgage repayments but it is hard for them to save for a deposit due to high rent payable to LL. O% deposit mortgages should be introduced as an option available for people with good/excellent credit. Current government schemes Help to buy 5% deposit is a help, but seems it will never work for those its intended to! Those houses are overpriced and plots sold out year in advance (or longer).

*No they wouldn't!

You don't seem to understand that not everyone is in a stable family set up and living in the location they want to buy in!

Buying has huge transaction costs.

Also shit loads of people should never buy - those without adequate job security/income/deposit. I think the 2008 crash told us that. Stupid people over leveraged themselves and couldn't sort their shit out and make repayments.*

So instead now we have stupid people over leveraging themselves with BTL that can't sort out their shit and when the new tax changes come in they can't make repayments