| Comment | A wave of unintentional landlords is actually great news for renters as it means the rental market is suddenly flooded with lots of properties owned by landlords with low ability to influence general market prices - so that should generally lead to rents plummeting and housing becoming affordable for the less wealthy.
In case you lose your job, can't keep up repayments on your mortgage, and can't sell your home, there could potentially be a government buyout scheme which converts the bought units into social housing. You could even be allowed to stay in your property after the buyout and pay social rent until you get back on your feet. |
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