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by chriswarbo 2034 days ago
> that would be very hard to achieve without some serious market manipulation.

Note that the housing market's already heavily manipulated, in an effort to keep the Ponzi scheme going a bit longer (e.g. Help to Buy, etc.)

1 comments

Isn't Help to Buy only for first time buyers, so it biases against Buy to Lets?
Yes but I imagine the argument would be that it leads to a reduction in supply & increased demand meaning fewer houses available to compete over which results in a higher over all price which can be applied to all houses, inflating the price beyond a houses intrinsic value.