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Codpiece@feddit.uk to United Kingdom@feddit.ukEnglish · 20 天前

Landlords quitting “in droves” since Renters’ Rights Act

thenegotiator.co.uk

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  • cross-posted to:
  • nottheonion@sh.itjust.works
  • upliftingnews@lemmy.world
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Landlords quitting “in droves” since Renters’ Rights Act

thenegotiator.co.uk

Codpiece@feddit.uk to United Kingdom@feddit.ukEnglish · 20 天前
message-square
27
link
fedilink
  • cross-posted to:
  • nottheonion@sh.itjust.works
  • upliftingnews@lemmy.world
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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    20 天前

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

    • floofloof@lemmy.ca
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      20 天前

      “earn”

  • undu@discuss.tchncs.de
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    20 天前

    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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      20 天前

      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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      20 天前

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

      weeps

      • Khanzarate@lemmy.world
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        20 天前

        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.

  • cman6@lemmy.world
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    20 天前

    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

  • matelt@feddit.uk
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    20 天前

    music to my ears!

  • djdarren@piefed.social
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    20 天前

    Lol. Fuck 'em. Parasites.

  • zedcell@lemmygrad.ml
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    19 天前

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

  • Officer_Pickles@lemmy.world
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    20 天前

    Oh dear, how sad, never mind.

  • Horse {they/them}@lemmygrad.ml
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    20 天前

    not the parasites!!


    • Codpiece@feddit.ukOP
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      19 天前

      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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        20 天前

        Go back to reddit if you don’t like the revival of old school forum culture


        • kip@piefed.zip
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          19 天前

          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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            19 天前

            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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              19 天前

              well thank god we don’t have that option here

              • bugbear
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                5 天前

                Turns out blocking them works, too.

        • Horse {they/them}@lemmygrad.ml
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          19 天前

          holy shit that’s siiiiiiiick


          • ClathrateG [none/use name]@hexbear.net
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            19 天前

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


      • Horse {they/them}@lemmygrad.ml
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        19 天前

        look at my gay horse, nerd


  • blackn1ght@feddit.uk
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    19 天前

    Oh no! Anyway…

  • Treczoks@lemmy.world
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    19 天前

    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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    19 天前

    Pog

  • Soot [any]@hexbear.net
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    20 天前

    cool-zone

  • HubertManne@piefed.social
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    19 天前

    oh no. so like they will sell.

  • Florn [they/them]@hexbear.net
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    19 天前

    But… but who will provide housing??

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