Why don’t more buy to let investors sell their properties?

We did some research with Marie Hunt of CBRE and Brian Lucey of Trinity College on ‘buy to let’ investors looking at their behaviour (in the main it’s a behavioural economics piece).

The findings are really interesting and show a few aspects of our market that may not have been widely known such as:

1. The ‘average’ property investor is no tycoon, rather they own 3 properties or less, taken in practice this could be a person who bought a house then moved into a second one when they got married or such.

2. The ‘fallout’ has been extreme, a huge majority have faced losses of greater than 50%.

3. The younger and older are feeling the pain, most of the investors were between age 35 & 65 when they bought, this is slightly older than the commonly perceived ‘negative equity generation’. And the ones who lost jobs (often younger) have shot …

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