| Comment | Because we're not debating morality, we're debating the financial viability of it, and that has nothing to do with morality.
You were saying I only commented because I was a landlord. I've clarified that's not the case and explained exactly why being a landlord isn't financially viable in many cases.
But it still comes back to the "solution" people are hinting could reduce rents.
The only solution would really be to reduce the government's regulations around home and property building in order to reduce the time/costs of this. Anything else would have zero impact.
Rent control for example would just lead to a massive supply shortage. Scotland isn't sitting with loads of empty properties that people can't buy because they are too expensive, there is a massive housing shortage and too many people need homes Vs the number we can build.
If you restrict rent prices, suddenly being a landlord becomes financially untenable. Rental properties are therefore sold, quickly bought up because there is still excess demand, and then suddenly if you can't afford to buy a property, it's tough luck. |
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