I read the article and really only the clickbait headline paints them as the villain, though that does colour the perception of the reader for the whole article.
I found it basically bashing speculators and contrasting them with investors, which I tend to agree with. If you are treating it as a business and treating your people well then your business will likely grow as a result. My read would be that these people are doing well, precisely because they are doing a good job.
I did find it funny that the 8 cases with the tenancy tribunal since 2000 when they owned 11 properties and now when they own 53, some of which will be multi-tenancy properties, shows that they are probably quite good at it. I’m speculating on that, but it seems like a low number considering the number of potential tenancies they have been involved with over the intervening 23 years.
From a business risk point of view…I wouldn’t put all my eggs in one basket like that, if a major event happened in that area they would be extremely exposed.
Yeah, that was my take as well, they seem to be professionals, and in it for the long run.
And the tenancy tribunal is typically in the tenant’s favour, the burden of proof is usually on the landlord, so they wouldn’t have that record at the tribunal if they weren’t doing things properly.
Of course, being landlords, they’ll be the villains of the piece to some people regardless of what they do.
I read the article and really only the
clickbaitheadline paints them as the villain, though that does colour the perception of the reader for the whole article.I found it basically bashing speculators and contrasting them with investors, which I tend to agree with. If you are treating it as a business and treating your people well then your business will likely grow as a result. My read would be that these people are doing well, precisely because they are doing a good job.
I did find it funny that the 8 cases with the tenancy tribunal since 2000 when they owned 11 properties and now when they own 53, some of which will be multi-tenancy properties, shows that they are probably quite good at it. I’m speculating on that, but it seems like a low number considering the number of potential tenancies they have been involved with over the intervening 23 years.
From a business risk point of view…I wouldn’t put all my eggs in one basket like that, if a major event happened in that area they would be extremely exposed.
Yeah, that was my take as well, they seem to be professionals, and in it for the long run.
And the tenancy tribunal is typically in the tenant’s favour, the burden of proof is usually on the landlord, so they wouldn’t have that record at the tribunal if they weren’t doing things properly.
Of course, being landlords, they’ll be the villains of the piece to some people regardless of what they do.