I know folk who’ve bought properties in the last two years to use as Airbnb’s.
Perhaps these were sales by BTL landlords who were retiring or hit by mortgage rates?
Shelter had already reported that the UK needs 3m new homes.
Now official projections show our population will increase by a further 6.6m by 2034. Not all families, that's a further 3m homes on top.
https://www.bbc.co.uk/news/uk-68139947
At some stage a government, planning authorities and...
That’s an accurate summary of what’s happened. Medium sized 1950’s factory units with offices at the front have fallen out of fashion and need. Instead, either huge new distribution warehouses or small flexible units.
There’s a huge chasm, I’ve spoken about it on nsc before. @Machiavelli a nsc rarity as he does too. There’s a social media and politics obsession with non-doms and assorted crooks like the Mone’s.
But under the radar in Southern England, there are 10,000’s of households with incredible...
I know the same situations. They consider themselves very switched on, the likes of us naive in missing out. In no time at all under Blair, Cameron, worth far more than most people, in my experience with a largely empty home in France or Spain too.
What I found strange about the vast housing scheme being built on greenfield next to Ditchling Common, was why there? The wrong side of Burgess Hill to the A23. Folders Lane, the poor road to HH and the congested area by World’s End will see 1,000’s more cars each day. The fields along the...
[I don’t own any investment properties].
If it’s social engineering to get landlords per se to throw in the towel, I have my doubts that:
1. The number of let properties overall will fall in the UK. More switched on and business like entities/couples will snap them up.
2. The Airbnb thing is...