Reply To: Older renters soar

#281321
peterdelamothe
Keymaster

Because of major tax changes and interest rates, many smaller landlords are selling up. This will continue as fixed interest deals end. Tax changes from next April always seem designed to encourage this. Good news for younger people looking to buy but dire for older generations. The latter used to live in the Social Housing Sector but no more.

No idea where all these older people go if the private rental sector reduces drastically. Councils do not seem prepared for the possible deluge of older people seeking help with housing.