tag:blogger.com,1999:blog-532540929589136198.post8619266611832210366..comments2023-10-23T08:31:46.168-07:00Comments on LEAP economics: The problem of the buy-to-let parasitesUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-532540929589136198.post-15641834886409989932013-11-27T13:02:27.776-08:002013-11-27T13:02:27.776-08:00Hi,You miss the key point that the half a trillion...Hi,<br><br>You miss the key point that the half a trillion or so that has gone into stabilising the over priced property market post 2008 as principally "Bailed Out" the BTL sector that under New Labour drove the property boom to such unsustainable levels post 2000. ie half a trillion to BTL landlords many of whom would have gone bust if the price of UK property had corrected itself or been allowed to. So BTL has received a lot more subsidy and drives up rents for thank you to Gordon Brown for being so generous...if there is another "Bank Bail Out" one mortgage per person should be a key condition other houses could be taken into public ownership and used as council housing.Peter Puffinhttp://www.blogger.com/profile/02267173172785997700noreply@blogger.com