niemeyjt
Established Member
So more landlords would mean lower rents?
Doesn't seem to have happened over the last few years. Quite the opposite - a free market has driven rents and property prices as high as they can go.
Of course it hasn't - the rents have gone UP over the past few years as the various bash the landlord laws came in and the number of landlords has dropped over past few years. More landlords - or more precisely more rented properties available - would of course push rent down - supply and demand.
The SDLT changes did not affect us - but paying for the check-in, check out etc did impact us. Some landlords may have left the market as a result. We just banged £100 pcm on rent to cover it - and if tenant remains over a year we gain - otherwise we lose. But either way the tenant pays more - just in a different way.
The next thing - the ban on evictions etc - will push out some more landlords. Those that remain won't take anyone without a guarantor. So who loses out? Those with no guarantor.
Then the EPC rules will force out a few more - then the rest will hike rents again - supply and demand.
Then if labour get in and add NI to rents - the same thing will happen over again. The few remaining properties will cost a fortune to rent - maybe two families will have to co-rent?
Insanity is doing the same thing over and over and expecting a different result.