No. If someone goes to an office every day and pays 40% tax, why shouldn't you on your income too? Following on from my point above about landlords expectations.. Why
shouldn't you be taxed?
Oh sorry, I misunderstood the point you were originally making. Yes, not saying there is a problem with being taxed.
Given a safe/secure place to live is classed as a human right (and many landlords do their best to ignore that), yes of course people shouldn't be monetising that. Before you say it, I have exactly the same argument with Thames Water, British Gas etc. The profits they make whilst providing a basically terrible service, is obscene.
So me providing a great service to my tenants it shouldn't be any problem then
And the boomer landlord generation has had a massive negative effect on property prices in this country. That's patently obvious.
Is it though? Or is it not the population increase? Or the fact kids move out at an earlier age? Or the investment companies buying in bulk? No, it's the boomers, let's blame the boomers. Either way, I think I'm a millennial? I don't know these things.
When you BTL a house, you take a house from the pool, and no replacement is created. You are not producing anything, you are holding a necessity hostage and charging it back at a premium.
No, I'm providing a property to people who wish to rent.
It is simply not at all the same, and is a terrible analogy.
Yeh, it was a bad analogy I give you guys that, but the principle is the same.
