Codpiece@feddit.uk to United Kingdom@feddit.ukEnglish · 5 days agoLandlords quitting “in droves” since Renters’ Rights Actthenegotiator.co.ukexternal-linkmessage-square26linkfedilinkarrow-up198arrow-down11 cross-posted to: upliftingnews@lemmy.world
arrow-up197arrow-down1external-linkLandlords quitting “in droves” since Renters’ Rights Actthenegotiator.co.ukCodpiece@feddit.uk to United Kingdom@feddit.ukEnglish · 5 days agomessage-square26linkfedilink cross-posted to: upliftingnews@lemmy.world
minus-squareundu@discuss.tchncs.delinkfedilinkEnglisharrow-up38arrow-down1·5 days agoThis mean that house prices will fall since fewer buyers will be interested. The question is whether the houses will be gobbled up by private equity or will be allowed to fall down enough for more people to start buying houses to live in
minus-squareNighed@feddit.uklinkfedilinkEnglisharrow-up10·5 days agoThere was a short term burst of 1/2 bed houses on the market. It’s mostly worked through now. Source: I want to move house.
minus-squaredjdarren@piefed.sociallinkfedilinkEnglisharrow-up10·5 days agoNah, the houses will be bought by investment firms. Rent prices ain’t going anywhere. weeps
minus-squareKhanzarate@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down1·5 days agoOnly if those firms smell a profit, which apparently means selling them, rather than renting them. Unused property makes no money. I see hope, but likely the government will need to continue to support this.
This mean that house prices will fall since fewer buyers will be interested. The question is whether the houses will be gobbled up by private equity or will be allowed to fall down enough for more people to start buying houses to live in
There was a short term burst of 1/2 bed houses on the market. It’s mostly worked through now.
Source: I want to move house.
Nah, the houses will be bought by investment firms. Rent prices ain’t going anywhere.
weeps
Only if those firms smell a profit, which apparently means selling them, rather than renting them.
Unused property makes no money.
I see hope, but likely the government will need to continue to support this.