Dont think the author understands supply & demand. If a Gvmt subsidises something it is creating a false market, therefore manipulating demand, which therefore affects supply & pricing. Neither has the manipulatedly low rate of interest been considered in the article.

As for blaming price increases over the last decade on BTL landlords…nonsense. They have been a fraction of the marketplace, and in fact as they run a business they/we buy at prices that are lower than the general price levels (“BMV” – Below Market Value), usually because the property needs a lot of work to bring it up to an acceptable standard (in my case a fully refurbished and good standard). If they were not then they were speculators, not landlords. They certainly wouldnt have bought if there was no demand for rentals properties.

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