Merryn Somerset-Webb

Investment: Buy to lose

The maths has changed. And the Chancellor and the Bank of England could well change it further

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Take a quick look at the UK buy-to-let market and you might find it tough to understand exactly what it is that makes it so very popular. Dealing with tenants is difficult and boring. House prices have a horrible tendency to go down as well as up (Londoners — ask anyone living in the north of England about this).

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Because you read about housing

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