r/Glasgow Tools

Title
Author124876720
Comment
> But buying a property without the intention of ever living in it solely to collect rent seems amoral to me. Homes go to the highest bidder, so every time someone buys-to-let, someone else misses an opportunity to buy. It drives up the price of property and forces people to rent long term while they save up.

Indeed. Whatever you might think about the stock market, your gain is theoretically infinite. You aren't taking your stock gains from anyone else, unlike rental income.
Reddit Linkhttps://www.reddit.com/r/glasgow/comments/hoq39g/reddit_hates_landlords_and_second_home_owners_but/fxqlvmi/
CreatedSat 11th Jul 2020 9:05pm
Statusnormal ()

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