Jan 12, 2023
Episode 46: Why private Landlords are better at solving the housing crisis
This week I am sitting down with Rachael Troughton to speak about property and the role of private landlords in solving housing crises. Rachael is a property owner, podcast host, business mentor, speaker, farm owner and wedding venue proprietor extraordinaire. On an island with limited space, providing enough housing can be challenging. Without private landlords, there simply wouldn’t be enough quality places to live.
While private landlords are often depicted as abusive and greedy in the British media, the truth is often the opposite. True private landlords (and not just people looking to make a pound off of letting their garden shed) are subject to dozens of regulations and inspections that prevent issues with mould or leaks and protect the rights and quality of life of tenants. We will be discussion recent legislation around renting, key characteristics of a good landlord, and the pressures and challenges faced by private landlords who are trying to provide safe, decent housing.
Tune in if you are a landlord (or a renter for that matter), or if you have been thinking of investing in property to learn more.
Links & Resources:
Connect with Rachael Troughton:
Past podcast Episodes
Highlights from this episode:
[00:01:30] – A bugbear of mine
[00:07:10] – A case study about living conditions
[00:14:30] – Where is the incentive to provide quality housing?
[00:19:55] – There are many financial pressures on landlords
[00:22:22] – Motivation for becoming a landlord is key
[00:29:37] – Renting doesn’t make a person second-best
[00:33:00] – There are many reasons to rent
Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons.
Connect with Vicki:
Booking calendar - https://calendly.com/vickiwusche
Browse Books by Vicki:
Or read the following Ebooks on VickiWusche.com:
9 Critical Property Principles
The De-Job Yourself Manual: Break your reliance on a monthly wage
The Values Manual: Understand what your values are and how they can be key to a successful business
The Goal Setting Manual: Create meaningful and practical goals then achieve them