Results 1 to 10 of 2674

Thread: Brexit

Threaded View

Previous Post Previous Post   Next Post Next Post
  1. #11
    Banned
    Join Date
    Jul 2016
    Posts
    1,130
    When hmos get ditched three times the number of people are then competing for rental property available. The type of house they vacate still have demand from families moving out of rent, so the net result is reduced supply and increased demand for rental property on lower occupancy.

    All the socialist knee jerk reactions, from making letting more onerous for landlords ( so increasing cost, reducing supply) to making employment more onerous for employers ( increasing unemployment and casual work, ask Spain) to raising taxes ( so reducing tax collected) all achieve the opposite of what these clueless ideologues claim. On rental Effectively Abolishing no fault eviction, lengthening tenancies is a disaster in Scotland. The threat of 3 year tenancies ( that tenants don't want unless one sided) , increasing taxation and removing fees will dramatically increase rent and reduce supply in England.

    Price controls will do what price controls always do. Kill supply. In Cuba they put a price control on milk. Net result no milk production! It was only when food was left to free market the food queues stopped in soviet Russia.



    Quote Originally Posted by noel View Post
    OK, I was suggesting that landlords not buying houses to rent would reduce the demand for those houses in the buyers market. Traditional economics tells us less demand means less inflation.

    You mentioned "restriction on supply" like it was something I was suggesting. I don't understand what you meant there.

    Also, I didn't say it would naturally follow that proceeds from landlords would go into UK businesses. What I I said was "we need wealthy people to be putting money into making the UK competitive". Don't you agree?
    Last edited by Oracle; 02-04-2019 at 12:19 AM.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •