Comments on: Investors suffer as “buy to let” market slumps.

By: Nats

Nats — Tue, 02 Dec 2008 08:21:53 +0000

Thanks for the comments guys.At the time I wrote the article that was the extent of the information I could find on the subject,so no specifics regrettably.I re-read the article and have realised I definitely should have emphasised what I said in the first paragraph,that although there was an increase it was just not as high as expected.Glad to hear someone is doing very well with their properties.

By: doublef

doublef — Mon, 01 Dec 2008 18:20:49 +0000

I think we need to clarify a bit more.

I agree that the demand for rental properties has gone up but, the “high” rental amounts everyone was expecting did not materialise.

I know that the more “upper middle” segment of the rental market did not perform as well as the investors that have those types of properties expected. In my personal opinion, I have never believed that this market segment is a good place for buy-to-let properties, like I said, my opinion, not fact.

I have real estate in Gauteng as well as the Western Cape and honestly my Gauteng properties always get better rentals than the Western Cape ones. I also believed that I would see a substantial increase in rental money, but it just escalated as usual.

If you are getting above average rentals, please share your secrets with all of us here, after all, that is what this blog is for.

Again thx for all the valuable comments, it’s great to see other investors out there doing well.

By: Colin Brazendale

Colin Brazendale — Sat, 29 Nov 2008 19:34:11 +0000

If I look at all the repossession these days, there must be a bigger demand for rental. The people losing thier houses go and rent, because no bank will give them a loan again.

The article refers to recent and more recent, but that is not specific. When was it? Over the year 2008 there might not be drastic increases, but I would think over the last quarter there must be a increase as repossession increase. And we are going to see much more repo’s in the next 6 months.

By: Bernard

Bernard — Fri, 28 Nov 2008 09:51:12 +0000

This is real nonsence. Firsly, PLEASE specify as to the segment of the market you are referring to. Upper, middle or entry level. Then this might just make a little sence to the not so informed reading this article. As far as my properties go, I have run out of properties to rent. Rental agencies will also tell you it’s hard to find properties to rent in the entry level property market.