Here we go again ( (c) OKGO )
The piece includes this dilly:- "Buy-to-let landlords have displayed willingness to sell in the event of market changes, sparking concern in the Bank that interest rate rises would lead to a housing slump similar to that of 1988. Eh wot? Y'mean that your stupid policies have (especially since about 1997) stoked up land prices. And that now that them there policies have failed - as indicated by the market finally succeeding and passing an accurate judgment on your failure - you are trying, yet again, to stop prices falling? Tell me, are you genuinely mad? Or just stupid?
And: "Landlords have shown that they are all too willing to sell, as confidence hits its lowest ebb since the banking crisis. Landlords are expected to sell 500,000 properties in the next year, according to research from the National Landlords Association.".
So that's a good thing then? Yes?
Facepalm
