As spin goes, this article in Property Wire does a good job of suggesting that, as the property prices fall, the increased demand for rental property is 'good news' for landlords.
The problem is : while the demand is there; as the energy prices increase and the credit crunch bites, people are actually less and less able to pay their rent.
In fairness, they do actually acknowledge the reality of the situation right at the tail end of the piece, when AXA Loans MD, Mike Keating says "...if you consider that many of those renting may be struggling to make ends meet it's certainly not all good news for buy-to-let owners..."
The combination of increased demand to rent with decreased ability to pay is going to cause serious problems for the new class of reluctant landlords who are only renting because they are unable to sell.
These are people that need to get really good business and accountancy advice as early as they can in their 'careers' as landlords.
