Quote:
Originally Posted by Zak Zzygote
If a lot of 'Buy to Let' property owners suddenly start dumping property the housing market could stall.
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So they keep telling us.
I agree that a lot of people have got involved in buy-to-let who haven't the faintest idea what they're doing, but unless they really are losing money hand over fist most landlords are likely to hang on.
The likelihood of vast numbers of buy-to-let properties coming on the market simultaneously strikes me as fairly unlikely at the moment. Anyway, even if this were to happen tending to drive prices marginally down, Owner-occupiers would then withhold their own properties rather than accept disappointing prices and this would tend to drive prices up again.