Stories like this can easily be missed so i bring it to your attention.
http://www.guardian.co.uk/business/2010/mar/15/first-time-buyers-priced-out
Will this make it easier for landlords to extend their portfolios? Lower costs always help.
It is interesting to note that Britons entry into the Forbes richest list was a man who inherited his fortune and makes money from rent. America has people who made their money themselves from very competitive industries (computers and the internet).
Rank 45
http://www.forbes.com/lists/2010/10/billionaires-2010_The-Worlds-Billionaires_Rank_2.html
Subscribe to:
Post Comments (Atom)
Hopefully the current government won't get a chance to implement this
ReplyDelete