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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...

Right, I'm off for a cup of tea and a biscuit to watch the cup draw; späters.

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.

Thanks. I also have a 2 hour Radio 6 Lemmy special to listen to.

I don't understand this point. Why will the rich get richer?

Sorry. I'm possibly getting the wrong end of the stick. I hear you.

Yup, this is my aim. I'm not suggesting in general, just one specific item in one specific area.

I agree with this.

I simply said go back to what it was like before BTLs. I didn't have a main suggestion.

No. One way is to remove interest as an expense. This will increase the tax on many BTLs and put a curb on borrowing.

To clarify I meant increase tax to make it less profitable/appealing.

But the government has built piles of social housing in the past, and before BTL, so this could be seen as part of my suggestion could it not?

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.

I'm an advocate of social housing. Whilst I do not wish to speak on anyone's behalf I think he's agreeing with me.

The same way as before BTL's were opened up to the mainstream?

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.