If they don’t want to be landlords any more they can give their speculative real estate to the people who live in it and get real jobs instead of being landlords.
For some reason they never do that, even though being a landlord is so horrible.
Bare in mind that most of these properties will sell for a profit even with mould and shit dripping off the window sills. These people act like theyre trapped into their wildly appreciating assets.
I viewed a house last week that stank of mould and damp, looked like absolute shit and even the estate agents said it would need someone to strip the walls and treat it (like £2000+) but they still had it accepted for asking price which was a healthy £50,000 profit over 2019.
If they don’t want to be landlords any more they can give their speculative real estate to the people who live in it and get real jobs instead of being landlords.
For some reason they never do that, even though being a landlord is so horrible.
Bare in mind that most of these properties will sell for a profit even with mould and shit dripping off the window sills. These people act like theyre trapped into their wildly appreciating assets.
I viewed a house last week that stank of mould and damp, looked like absolute shit and even the estate agents said it would need someone to strip the walls and treat it (like £2000+) but they still had it accepted for asking price which was a healthy £50,000 profit over 2019.