If landlords are forced to follow all regulations, the ROI on renting doesn’t work anywhere. In the UK it may still be profitable because you can evict tenants for the lulz, so they have to accept that properties are not maintained and that children may die of mould.
We would be all better off if people invested in the stock market instead of “investing” in properties (including landlords)
> If landlords are forced to follow all regulations, the ROI on renting doesn’t work anywhere.
Then, who builds the new apartments that people rent? If 50% of people in Germany rent and there is no ROI from building for rent, then who finances the new buildings??
I don’t know, maybe local authorities build them or probably new apartments are exempt from rent controls. But even in London, where my neighbour pays £3500K a month to rent a 65sqm flat, the landlord is earning much less than they would if they invested in the stock market. And they would be actually losing money if they carried out repairs, instead of having their tenant living like a rat.
We would be all better off if people invested in the stock market instead of “investing” in properties (including landlords)