Re:Show HN: Should you buy a house and rent it out?
by DanBC on Saturday April 20, 2019 @05:55AM
(#19705655)
In the UK the average tenancy is about 20 months. This is possibly because English law gives much stronger protection to people in the first 6 or 12 months of the tenancy, or maybe because of the student market. Tenancies are getting a bit longer, and this is possibly because moving home can be one route from the legacy benefits onto Universal Credit (which is usually catestrophic for the claimant.)
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Re:Show HN: Should you buy a house and rent it out?
by skdotdan on Saturday April 20, 2019 @06:04AM
(#19705677)
I see, probably the decision on investing in real estate should depend on the legislation of your country of living.
Re:Show HN: Should you buy a house and rent it out?
by tonyedgecombe on Saturday April 20, 2019 @06:09AM
(#19705690)
I suspect renting to tenants on benefits is a whole different world to renting to a middle class family.
Re:Show HN: Should you buy a house and rent it out?
by dd36 on Saturday April 20, 2019 @09:13AM
(#19706355)
Tenancy lengths are rising in US because rents are sky rocketing due to low inventory.
Re:Show HN: Should you buy a house and rent it out?
by mcguire on Saturday April 20, 2019 @10:48AM
(#19706785)
Re:Show HN: Should you buy a house and rent it out?
by dd36 on Thursday April 25, 2019 @11:20AM
(#19749073)
Yeah, so what has happened is institutional investors now dominate the SFR rental market. They ask for 5% rent increases every year and therefore have relatively high turn ratios. It makes it easier for mom and pop investors to hold long term tenants.