Factors Driving Buy to Let - The Pied a Terre Phenomenon
Back to my drivers of buy to let -for other drivers, see previous blog postings.
One biggish factor is the pied a terre phenomenon.
As people increasingly have to move for work, they will increasingly may have a home in town (where they work during the week) and one in the country.
They may own both - and after all, why not, when the costs of buying and selling property are so high, many people prefer to stick with two properties, if they can afford it...... Or they may rent one of them from a landlord, especially if they are doing contract work for a limited period.
Whichever it is, this factor points to more second home owners and renters.
Back to main site: www.lettingfocus.com
One biggish factor is the pied a terre phenomenon.
As people increasingly have to move for work, they will increasingly may have a home in town (where they work during the week) and one in the country.
They may own both - and after all, why not, when the costs of buying and selling property are so high, many people prefer to stick with two properties, if they can afford it...... Or they may rent one of them from a landlord, especially if they are doing contract work for a limited period.
Whichever it is, this factor points to more second home owners and renters.
Back to main site: www.lettingfocus.com
This entry was posted by lettingfocus, on
Thursday, November 09, 2006.
