Rental sector ‘cheerleaders’ are peddling a dangerous line
Our home ownership system is our welfare, our wealth and our safety net, and it is unwise to dismantle it without having a plan B
At a conference in June, the house-builder Michael O’Flynn took issue with the “cheerleaders” of the new private rental sector. These are the politicians, commentators and policymakers who have supported its expansion through the involvement of investment funds. He also referred to the “herd mentality” of those touting the perceived benefits of long-term renting.
O’Flynn builds and sells houses, so he has skin in the game. Yet he is also right, especially in ...
