Not true. They are a direct result of the introduction of shorthold tenancy agreements. This change in legislation swung the power from the tenant to the landlord overnight. As the power is now with the landlord it makes it more attractive for lenders to lend on rental property.
Some will argue the tax benefits are too great. I think you know what I mean, even if you don't agree.
This is from the The Daily Telegraph
"Glancing down the list, published on this website today, of the multifarious tax breaks afforded to buy-to-let landlords is rather startling. None of...
Not at all. In fact these are not my ideas, removing the advantageous tax breaks for B2Lers have been proposed by other including The Intergenerational Foundation.
For what it's worth I think there should be a balance of private and non-private renting. I'd tax BTLers to make it less profitable/favourable and bring in rent controls to stop private rent spiralling out of control.
This will be fun. It was not that long ago Simster was claiming there was no risk and Westdene Seagull was claiming most landlords are in poverty and can hardly make ends meet.