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1) Demand reduces - interest rates would have to go up drastically/economy collapses
or
2) Supply increases: a massive house building program is completed.
At the moment, its simple, too few houses for the demand on a crowded island.
1) Demand reduces - interest rates would have to go up drastically/economy collapses
or
2) Supply increases: a massive house building program is completed.
At the moment, its simple, too few houses for the demand on a crowded island.
BTL has proved itself through the boom and bust it really is a can't fail investment and in that respect unique. You simply dial in how rich you would like to become and sit back an wait.
At some stage the Government will tap into the BTL cash cow and start taxing it.
...my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...
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