But his point was that since BTL has taken off in popularity, house prices have risen to the point where deposits required are out of reach for many more FTB.
You may see BTL landlords as providing a roof over you head but others see it as exploitation of market dynamics.
Buy up all the property that FTB can't afford, rent it back to them for more than they'd have paid for a mortgage, ???, PROFIT.
I don't know the figures. But would be interesting to see how many houses are bought by FTB's and compare that to BTL's.
I'm not saying it is like this, but when people scream foreign buyers push up London prices... Then in reality they make up 3% of transactions.
You can get deposits as low as 5% now. 250k house is 12.5k. Obviously how obtainable this is is down to personal circumstances. But I don't think it's a stupidly unrealistic target to achieve.