Motley Fool: Buy-To-Let Boom Spells Doom
August 17th, 2006 | POSTED BY ROB
Buy-to-let is about making money from rental income, not about capital gains in rising house prices. It’s also a poor investment choice which is doomed to failure, even for skilled investors.
Ha! Just kidding! I only wanted to make some landlords’ blood boil. You see, property investment is a controversial subject. If you’re familiar with our busy property discussion boards, you’d consider ‘explosive’ to be a better description. So when the Council of Mortgage Lenders (CML) released the figures for buy-to-let borrowing yesterday, I’m sure it caused a real punch-up….
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