Comments

  1. Reply
    Ian Fitzpatrick
    Posted 7 years ago

    Sounds a good idea to help bring about a mature and settled rental market. Do you see any drawbacks ?

    • Reply
      Karl Deeter
      Posted 7 years ago

      Hi Ian, there are some, if there were long leases then most likely the best property and locations would be locked out for many new entrants to the market, you see this in places like New York or even in Paris where only the people who were there forever seem to be able to live in certain desirable neighbourhoods. There are other problems such as the cost of breaking the contract which can fall on the renter, issues of worker mobility and many other things but in general I’d still see it as a good advancement.

  2. Reply
    Noel Cocoman
    Posted 7 years ago

    Good idea Karl, are the long leases that are common in France and Germany flexible to allow regular sale of the property

  3. Reply
    Gordon Kelly
    Posted 7 years ago

    Great article Karl. Thanks for that

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