You overlooked the most important outcome: landlords selling property to individuals who will live there.
This is a good thing because it reduces property prices, moves the market away from rentier capitalism towards people owning their own homes, and reduces economic inequality and insecurity.
Do you have a source showing that it is happening in the UK at a greater rate than former rental properties are being sold to people who will live in them?
You overlooked the most important outcome: landlords selling property to individuals who will live there.
This is a good thing because it reduces property prices, moves the market away from rentier capitalism towards people owning their own homes, and reduces economic inequality and insecurity.
They’re going to get sold to corporations who rent out even higher with no value add
Source?
the source is the general trend in housing industry over the last 20-30 years, hedge funds and private equity trying to monopolize housing.
usually turning them into vacation rentals (airbnb) or luxury rentals (tech bro homes).
it’s happening in every rich country (g8, etc), and probably poor countries soon, if not already.
Do you have a source showing that it is happening in the UK at a greater rate than former rental properties are being sold to people who will live in them?