Ethical investment UK only please?

Question

I've been buying lower standard property for years and at bargain prices while the market's been in decline. I improve it and let it to housing benefit tenants at the rent set by the council. I've done it when the market was good, moderate and I'm still doing it now it's bad. There's even more demand for DSS tenants since the ludicrous changes to the way benefits are paid, so I'm never short of applicants. Renting is also good at the moment because people don't want to buy so it's possible to cherry pick.

Is providing good quality housing to those that most need it, in areas they want to live and at prices they can afford an ethical investment and shouldn't be affected by house prices?

Answer 1

Well, so long as you're performing your legal duties and ensuring the places are safe and in a quality condition, then sure, it's perfectly ethical.

The only potential worry of course is the fall in house prices; if the buy-to-let market starts falling on hard times because their rent isn't covering their outgoings on the property mortgage, or a short-term loss of confidence provokes a sell-off, then the new blood is obviously going to start coming in, snatching up the flogged off properties and offering them up for rental and lower prices, then you either have to respond or cut and run.

Answer 2

safe haven is gold

people are not going to be able to pay the rent!

Answer 3

WHY ON EARTH WON'T IT BE AFFECTED BY HOUSE PRICES?

You sound like the stupidest person I;ve ever come across on this site, no wonder you're asking strangers, mainly under 18s for financial advice!!

Tell the good people of Tokyo who bought housing in 1989 that house prices aren't affected for the long term, and they may have an answer for you, the housing market in Japan is in a 20 year long bear market!