Codpiece@feddit.uk to Uplifting News@lemmy.worldEnglish · 4 days agoLandlords quitting “in droves” since Renters’ Rights Actthenegotiator.co.ukexternal-linkmessage-square171linkfedilinkarrow-up1792arrow-down118
arrow-up1774arrow-down1external-linkLandlords quitting “in droves” since Renters’ Rights Actthenegotiator.co.ukCodpiece@feddit.uk to Uplifting News@lemmy.worldEnglish · 4 days agomessage-square171linkfedilink
minus-squarecheat700000007@lemmy.worldlinkfedilinkEnglisharrow-up14·4 days agoThey’re going to get sold to corporations who rent out even higher with no value add
minus-squarequickenparalysespunk@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·4 days agothe 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.
minus-squaremodem_down@thebrainbin.orglinkfedilinkarrow-up1arrow-down1·3 days agoDo 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?
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?