Mr Kobayashi
Well-Known Member
I think you envy people's wealth. Price increases in rent are driven by a lack of housing. Or empty homes, second homes. Not landlords renting properties.
So if landlords A puts a property on the market for X amount and is able to get a tenant in at that amount, it has no effect on Landlord B when he takes a look and sees he can get the same and puts his prices up accordingly?
If I envied them wouldn't I want to copy them?
I regard many BTL landlords as pathetic and vacuous. Spend your money enjoy it. Create a real business. Even setting up an Airbnb is a more worthwhile pursuit than landlordism.