Monday, 16 November 2015

Rented Homes Are Desperately Needed, So Why Are Landlords Demonised?

By 2025, one in four households will live in the private rented accommodation as a result of cuts to social house building and private developers being “cautious about expanding too rapidly”. Why, then, has the Government pulled the rug from under the feet of landlords? Why is it doing everything to deter them from investing in new homes? Increasing numbers of people are choosing renting as a lifestyle option, and 80pc of tenants are satisfied with their current landlord. Yet landlords are consistently being demonised by politicians, including now by the Treasury. Almost nine out of 10 landlords are individuals, owning 71pc of all homes in the private rented sector. More than three-quarters of landlords own just one rental property. Read more on the Daily Telegraph website.

No comments: