To think that Landlords have a bad name.

[Arewe29]

NC for this.

Is it just me or are all landlords frowned upon a MN.

We own and rent out 3 properties all our properties are rented out to young families, just under market rate, we allow them to decorate their homes how they like, and if there is any issues or problems they just call us and we sort it out ASAP.

I know that there is some terrible landlords out there, that should be dealt with but there are thousands of other that are decent that follow all the laws and their tenants are very happy.

Again you have assumed. All of the properties have a repayment mortgage that we can afford to pay without any tenants. As I have said further up the thread we are not making any money on 2 of the properties they are costing us more money. We could leave then empty but I am sure you would be against that as well.

So no one owns a house with a mortgage, ok then.

How are you going to do that, as some people need to rent.

As an aside, I know so many people that have kept a previous home when trading up, as an 'investment'.

Most of them would consider themselves 'right-minded'and cant to the left on most matters. I have tried to discourage them when it's come up in conversation, but people are unsurprisingly unprincipled and rather politically blind when it comes to feathering their own nest.

I couldn’t find the post where the comparison of owning one property was made with owning one telly. But it’s useful to illustrate why real property is different.

We can’t make more land and we can’t turn out housing on a production line. The critical need for every person to have housing is subject to totally different pressures.

Before anyone says ‘but food is critical and we don’t ration that’, within living memory food was rationed in this country. We have sufficient now to avoid rationing, but control of food could come back (obviously we all hope not). Petrol has been de facto rationed on the forecourt in recent years too.

Then why are you a landlord?

You seem quite concerned with telling people you're making no money from your endeavour.

Have you registered as a housing charity?

And rentals would remain, including in the private sector, but in much more stringently regulated circumstances.

As the houses have been bought as an investment or will be given to my children when they are old enough.

A housing charity would not make me any money, do you have any spare bedrooms in your house, if so have you not thought of becoming a housing charity.

But you said no one needs more than one house, so how are there going to be any LLs?

If only 1% of landlords were bad, I could understand the OPs concern. However it seems a lot more than that.

You only hear of the bad LLs not the good ones, as posters have said that there are more good LLs than bad ones just like in every walk of life.

Yet posters have come on here calling all LLs scum, blood suckers the cancer of society, and even calling them as bad as men that go to sex workers.

This thread has illustrated it perfectly.

I wonder if @Arewe29 and @FuckOffTom are also supportive of energy, water, food and medical companies taking advantage of 'the market' to profiteer? After all 'don't hate the player, hate the game'.

I do have spare bedrooms. I occasionally offer them up to friends and acquaintances when needed.

My comment was obviously facetious, so no, I have not thought of becoming a registered charity.

But I'm not claiming to offer a not-for-profit social benefit, as you seem to be.

My language is emotive for a reason. It is emotional for many. For landlords it might be an "investment" or an "asset" but for others it's their home. And many on this thread have used the term "heart breaking". It's the heart of our lives and its where we raise our children. It's horrible to have the opportunity to really feel like it's yours taken away by people only inretested in "investment'. My LL loves two doors away, a fact he went to some lengths to conceal from me prior to me moving in because he knew it would make us uncomfortable. Every day we watch him walk past and crane his neck to see into the garden, even into our windows to check up on us. We feel in edge constantly and it sucks. Renting sucks and it's daily life for many hardworking families, even those earning good money like we are.

I'm not jealous because I can genuinely say landlording is not something I would ever choose to do had I been lucky enough to have the opportunity. But yeah, I'm angry, as are many.

As for these posts about "LL all selling up and there still being a housing shortage and prices are still increasing" I see no evidence of this whatsoever. They can't all be selling up as, according to the statistics I posted earlier it was I think 36% of UK homes being rentals? I'd be interested to see some actual stats on your theory and the actual significance in real terms.

That's called capitalism, everyone has to make a profit.

The hate against LLs is absurd but people are happy to go into shop in a huge supermarket but are not enraged about the profits they are making.

This point has already been covered yet the posters on here are only concerned about LLs.

Also one of the most cross posters runs their own company and works for LLs and makes profits from them, make that make sense.

Whattaboutism is not the path you seek.

You started a thread about landlords. Expect answers about landlords.

You want to speak about profiteering by supermarkets?

Start a thread about that.

Easy.

@Arewe29

I think I already said, possibly even more than once, that I am able to buy food and own it, and I have never had tesco ask for it back on a whim one day so it's not quite the same thing.

And I will not allow you to use another one of your bizaare false comparisons to try and goad me again.

I am not claiming anything you are assuming, and I have pointed out we are not making profit from 2 of our properties they will of course be gaining value, as we have purchased in areas that are becoming popular, have large investment going into the area.

According to posters on here, and yourself there is a housing crisis if you have spare rooms do you not think that you should downsize, so that families can have a chance of owning a house, and not making a profit.

I said that the default position should be only one house and that those who own more than one should be LLs subject to stringent regulation.

I’ve never said there shouldn’t be a private rental sector. I made clear that rental profit should be allowed, but carefully controlled, but not capital profit.

What is wrong is landlordism as casual personal investment. (By ‘casual’ I mean BTL rental altogether, not indolent landlords: again, my objection is one of policy not personality.)

Well, I live in a family house with my family, we're utilising it as intended.

And I didn't move here with an eye on profit. Just as a home. So your assertions butter no parsnips!

So your assertions butter no parsnips!

A wonderful aphorism seen all too rarely!

I agree, beautiful 😍

It needs a "doth" though.

"Your assertions doth butter no Parsnips"

👌

Let’s assume new government policy bans one adult owning more than one property. So what? It doesn’t change the number of properties that are available for people to live in. Remember that each of those adults is now responsible for paying buildings insurance, fixing the roof, mending the draughty windows, fixing the fence that collapsed in the storm, etc etc. Some people don’t want this. They just want to pay their rent and leave the landlord to worry about those things, like an Insurance. It sounds like communism is the policy of choice for most on here. “I’ve not had a holiday this year therefore you shouldn’t have one either” Where does it end. The real problem is lack of supply of housing and putting barriers in the way of property investors just disincentivises investment in that.

Tis a grand phrase I seldom get cause to use, it seemed appropriate here!

I never mentioned profit, i said profiteer. The fact that you're unable to distinguish between the two speaks volumes.

I've no real issue with making profit in a genuine capitalist market but that's not what the housing sector is by any stretch of the imagination.

If profits are only achievable because the market has been artificially restricted to create scarcity, then it's a far cry from genuine capitalism. If we could magically snap our fingers and create enough housing to meet the actual needs of the population the current rental sector would collapse.