No. I mean you don’t look to make exorbitant profit from your property, and rent it to the government at a reasonable amount.
In that case most landlords would sell up, creating a serious housing shortage. Only the very worse landlords with the worse housing stock would remain.
There would also be a huge shortage of labour in many parts of the market. Teaching, NHS etc in cities would collapse , as they couldn’t get staff.
The universities will struggle without the income of overseas students, who won’t want to come and live in slums in the UK. Many Uk students would also go to study overseas die to shortages of accommodation here.
Most overseas nationals who work here will return to their own counties, creating more job vacancies which can’t be filled by Uk nationals as they can’t move house.
Women and children would be forced to stay in abusive marriages as they couldn’t move out and rent anywhere else.
No. With less houses owned by landlords with multiple properties, there would be more on the market, making the housing market accessible. Rents would need to be competitive.
So telling the first reaction was ‘well, if we can’t make shitloads we’ll just sell’.
And the little holiday villages with a shop only open 6 months a year is BECAUSE of all the fucking holiday lets. They’ve killed the villages, because no one can afford to buy or rent there all year round. Even the little twee shop is run by out of towners selling over priced ‘artisan’ scones and cream from the local supermarket.
Dress t up all you like, we all know there’s a housing crisis in the uk which BTRs are the biggest cause of. It may be your ‘income’ but you are making your ‘income’ on the back of people with less than you needing a roof over their head. Or providing a cut above a nasty little caravan to those who like one of their annual holidays to be in the UK. It’s about money. You’re scared you’ll lose out if it goes to refugees. Own that, instead of all the ‘because’.