There are some people who subscribe to the view that if all else fails then blind optimism and a refusal to look facts in the face will see them through.
Certainly this is a glass-half-full approach but, unless such brimming optimism can be tempered with a touch of realism, it can be a very dangerous approach to take. No one should be in any doubt that over the coming months there are still a number of challenges to deal with and they will be felt most keenly in the specialist and sub-prime markets. However, looking particularly at the buy-to-let sector, it is important that we do not allow sentiment to destroy substance. Yes, house price inflation has been higher than rent inflation over recent years making it difficult for landlords to ...
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