Part 2 Why
I’m Quitting Buy-to-let Property Market – Update
The latest episode of the Charles Kelly Money Tips Podcast he explores the truth behind the
buy-to-let market and exactly why he is getting out of buy-to-let after 30
years. Please like and subscribe - https://www.youtube.com/@charleskellymoneytipspodca9121
Watch video - https://youtu.be/pA2Co2zk4zM
Why I’m quitting buy-to-let
but not property - Part 2 Update
Thanks for the amazing comments from first video!
Lots of positive comments
from landlords. Some of them agree with me others do not.
Several landlords, one who
had 60 buy-to-let properties, have already started selling and getting out
completely.
Many of the comments
indicated that there was a general sentiment that the UK, as well as buy-to-let,
is finished.
Many are planning to leave
and quite a few have left already.
We already know that a
substantial amount of wealth as left the UK and more capital will be
transferred out of the country in the coming years.
Billions in tax revenue will
be lost to the exchequer.
Jobs are also being affected
by labour’s ‘jobs tax’ with unemployment up and recruiting slowing as employers
lose confidence.
This comes at a time when
jobs are already being lost to outsourcing and AI!
What labour don’t get
·
Businesses create wealth –
not governments!
·
Businesses create jobs
·
The wealthy already pay more
tax than the poor
·
When the wealthy leave, the
middle classes and the poor will all have to pay more tax to pay for running
the country and servicing the debts and will suffer a lower standard of living.
I’ve seen it before in my
life under a previous labour government who put up the highest rate of tax to
98% and caused a brain drain.
Clarification
I’m not getting out of
Property just standard buy-to-let AST’s under the new Labour government’s socialist
republic.
Alternative property
strategies
·
Leasing to local authorities
or housing providers
·
Rent-to-rent – little or no
capital required to start
·
Furnished holiday lets,
AIRBNB, Booking.Com etc
·
BRR by refurbish and
refinance using other people’s money.
There are many more
strategies you can learn about by studying under experts who been there and
done it before.
If you’d like to find out
more than link below to join a free seminar or course to enhance your property
knowledge:
Property is still a good long-term investment and will
survive the idiots that run the country downwards because the markets and
demand will prevail.
Despite warnings of our demise, the UK will also survive the fools in power.
See other videos:
Labour’s Renter’s Rights Bill and the end to Sec 21 ‘no fault evictions’
- https://www.youtube.com/watch?v=Wx1HXgVW1bM&t=400s&sttick=0
Nigel Farage SLAMS
HMO BUY-to-Let Landlords
In an astonishing attack on private enterprise, right wing Farage
claimed that HMOs are not only damaging communities but are increasingly being
used to house illegal migrants and asylum seekers, often at the taxpayer’s
expense. Watch video - https://youtu.be/NKaPZj-APgw
Better property strategies
are needed - Learn property strategies from experts
There are so many more money making property strategies than
buy-to-let. The important thing is to get the right property education from
experts who have made millions in UK property.
For more information on a free “NO MONEY DOWN PROPERTY”
webinar, email charles@charleskelly.net
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