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Kenneth's
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Kenneth MacArthur
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I find the UK culture of having one of the highest gini coefficients in Europe very sad - not from some theoretical standpoint, but because of the awful society it creates. You can’t buy most public goods with private wealth.
From:
Kenneth MacArthur
25 September 2022 12:21 PM
Why can’t you operate your business through a corporate form rather than as a private individual, the same as the big operators do?
From:
Kenneth MacArthur
12 October 2019 09:20 AM
The last non-BTR rental property I lived in was owned by an investor 10 000 km away from the UK (via a company domiciled in the Channel Islands). He had no idea what state of repair his property was in, and he certainly didn’t do much to keep me happy. Of course large institutional investors want to make money too - the difference is that they put a layer of professional management in, which is only feasible at the scale of these large schemes. As a tenant, if there’s an issue in my apartment, I just pop down to reception and they’ll come and have a look straight away, and then have someone come and fix the issue the same day or in a couple of days. Private landlords with one or two units simply can’t compete with that service level.
From:
Kenneth MacArthur
11 October 2019 11:31 AM
I currently live in a Build to Rent scheme in the UK, and have also lived in such schemes in Germany, where they are far more common. As a tenant, I _far_ prefer it, as you have a professional operator as your landlord, not someone for whom it is simply an investment vehicle. I do wonder sometimes to what extent the people commenting here are thinking of the whole society benefits of these schemes vs just their personal bottom line.
From:
Kenneth MacArthur
11 October 2019 08:59 AM
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Kenneth's Recent Activity
From: Kenneth MacArthur
25 September 2022 12:21 PM
From: Kenneth MacArthur
12 October 2019 09:20 AM
From: Kenneth MacArthur
11 October 2019 11:31 AM
From: Kenneth MacArthur
11 October 2019 08:59 AM