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RE: Why is the British government cracking down on Buy-to-Let landlords?

in #money8 years ago

It has gotten silly in the UK - 14% of all mortgages last year were to buy-to-let landlords, which is why the govt acted. Of course landlords are moaning, but in the end they'll be thankful they got forced to deleverage.

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Haha 14% is nothing try closer to 40% in Australia. See why I'm worried.

I also couldn't help draw comparisons to Australia and think how although perhaps wise, such changes here would be political suicide.

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