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Codpiece@feddit.uk to United Kingdom@feddit.ukEnglish · 4 days ago

Landlords quitting “in droves” since Renters’ Rights Act

thenegotiator.co.uk

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Landlords quitting “in droves” since Renters’ Rights Act

thenegotiator.co.uk

Codpiece@feddit.uk to United Kingdom@feddit.ukEnglish · 4 days ago
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Landlords quitting "in droves" since Renters' Rights Act
thenegotiator.co.uk
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Colin Bradshaw, of TwentyCi, says property owners are leaving the rental sector because it is "no longer viable".
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  • 0x0f@piefed.social
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    4 days ago

    Good, because fuck people who buy properties just to earn steal money.

    • floofloof@lemmy.ca
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      4 days ago

      “earn”

  • cman6@lemmy.world
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    4 days ago

    Hahaha! Good. That gets rid of the shit landlords. The changes aren’t even that dramatic. You can’t get rid of a tenant if they haven’t done anything wrong, is one of the new changes. If that makes a landlord “quit” then good riddance

  • undu@discuss.tchncs.de
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    4 days ago

    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

    • Nighed@feddit.uk
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      4 days ago

      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.

    • djdarren@piefed.social
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      4 days ago

      Nah, the houses will be bought by investment firms. Rent prices ain’t going anywhere.

      weeps

      • Khanzarate@lemmy.world
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        4 days ago

        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.

  • matelt@feddit.uk
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    4 days ago

    music to my ears!

  • djdarren@piefed.social
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    4 days ago

    Lol. Fuck 'em. Parasites.

  • zedcell@lemmygrad.ml
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    4 days ago

    “Quitting” = selling their homes for people to buy and live in

  • Officer_Pickles@lemmy.world
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    4 days ago

    Oh dear, how sad, never mind.

  • blackn1ght@feddit.uk
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    4 days ago

    Oh no! Anyway…

  • Horse {they/them}@lemmygrad.ml
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    4 days ago

    not the parasites!!


    • Codpiece@feddit.ukOP
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      4 days ago

      Just when you thought the the web had moved on from the eye pollution of banner ads….

      It’s always nice to be reminded of why you blocked hexbear and .ml.

      • ClathrateG [none/use name]@hexbear.net
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        Go back to reddit if you don’t like the revival of old school forum culture


        • Horse {they/them}@lemmygrad.ml
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          4 days ago

          holy shit that’s siiiiiiiick


          • ClathrateG [none/use name]@hexbear.net
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            4 days ago

            Thanks I like yours too, and JRSF if you couldn’t tell lol


        • kip@piefed.zip
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          wouldn’t decent forums have had rules against putting massive garish shit in your signature

          • ClathrateG [none/use name]@hexbear.net
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            Nope, but a lot of the old BBcode forums would have an option to hide/show people’s sigs


            • kip@piefed.zip
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              well thank god we don’t have that option here

      • Horse {they/them}@lemmygrad.ml
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        4 days ago

        look at my gay horse, nerd


  • Treczoks@lemmy.world
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    4 days ago

    Most of them overpaid and overmorgaged. They had to rent out at the highest possible rent to generate profit. Now they get fucked by their own greed.

  • Kairos@lemmy.today
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    4 days ago

    Pog

  • HubertManne@piefed.social
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    4 days ago

    oh no. so like they will sell.

  • Soot [any]@hexbear.net
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    4 days ago

    cool-zone

  • Florn [they/them]@hexbear.net
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    4 days ago

    But… but who will provide housing??

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