Patricia sells one of her properties in London, saying landlords are "scared" of some the changes.
  • HumanPenguin@feddit.ukEnglish
    44·
    4 days ago

    Great. More housing on the market. Because you openly admit you do not care about your tenents.

    With any luck enough landlords who only see properly as an investment opportunity. Will copy you. And the housing market will correct.

    Unlikely though as it’s a global issue ATM. So many will invest even with tenants having some extra rights.

  • Schal330@lemmy.world
    24·
    4 days ago

    Oh the poor landlord, won’t somebody think of the landlord choosing to sell off one of her six nine properties?!

    IASIP image of Charlie and Max fake crying

    • FishFace@lemmy.world
      4·
      4 days ago

      It’s only owner propaganda if you think that landlords selling their properties is a bad thing; the article doesn’t say it is. Besides the landlord and landlords’ representatives, they also quote countervailing facts or views from: SpareRoom, the London Renters’ Union, and the government.

      • AnyOldName3@lemmy.world
        4·
        4 days ago

        A more balanced article would challenge the line about selling up reducing the supply of affordable housing as that’s nonsense unless they sold to someone planning to knock down. It’s much more likely that they sold things to other landlords or to people who’ll be moving from rented accommodation, so the housing supply stays the same.

        • HumanPenguin@feddit.ukEnglish
          4·
          4 days ago

          Not to mention private landlords and affordable housing are opposite concepts. Even if it was knocked down to build a park bench factory. It would be a reduction in general housing not affordable.

          That word was clearly used to try and scare uninformed readers.

        • FishFace@lemmy.world
          1·
          4 days ago

          Yes, they should have more on that. I agree that in the long run it won’t make much difference (and greater protection for renters is sorely needed) but probably in the short term there is something to it, because the supply of rental housing and the supply of owner-occupied housing are not completely equivalent, that is, one cannot move freely from one to the other. That means that exchanging some rental supply for OO supply may, at least in the short term, cause house prices to go down and rents to go up (slightly).

          Obviously what should happen is that people will be better able to buy a first home and vacate rented accommodation for OO housing, bringing the pressure back down, but that will not be instantaneous. So yeah, better analysis needed, but it’s not like the concerns there are just made up with nothing underpinning htem.