@glenny61 Yet my house has more than doubled in value since I bought it in 2009. You just bought at the worst possible time (through no fault of your own).
@mrsc49017 Yes. Isn't it? Do you have any data over a fair period of time that shows house prices increase slower than inflation (genuine question)? There may be short term anomalies but that would be like pointing to a market crash and saying investing in index funds don't beat inflation. You've got to look at longer term trends. https://www.statista.com/statistics/751605/average-house-price-in-the-uk/
@mrsc49017 Thanks, I was looking for something like this. The trend (red line) is going up, meaning house prices increasing in real terms (higher than inflation). I get that the there was a peak in 2007 but looking at the trend, I think it's a reasonable assumption to make that house prices rise higher than the rate of inflation.
@imsome you’re still getting someone to pay the interest, and as interest only mortgages have lower repayments you will be also partially getting money to save towards the final payment
@lize Money is fungible, doesn't really matter if you see it as the tenant paying the interest or the landlord. It's still a cost that has to be paid in relation to the property so arguably does reduce profit.
The final repayment will likely be made through the sale of the property. People use BTL for income not long term growth as there are far better options for that.
@imsome Exactly my case. There’s also the hassle of looking after a property. But again, every case is different. I made much more on short term rentals.