The Negotiator is a trade magazine that “serves the residential property industry, specifically targeting estate and letting agents and their suppliers”. The original source for this news is https://www.telegraph.co.uk/money/property/buy-to-let/landlords-quit-rental-market-at-fastest-rate-in-a-decade, which is mirrored by https://www.aol.com/articles/landlords-quit-rental-market-fastest-094056000.html .
We’re cheering a bunch of rental properties being removed from the market?
Sure, some homes will enter the market for private buyers, so those doing quite well might have a slightly cheaper house but a lot are going to be sold to less scrupulous/more corporate landlords who feel they can extract more value, or in packages to developers.
I get it, we hate landlords hut this feels like cutting off one’s nose to spite the face.
But we can 🎶
You know we can 🎶🎶
