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James O'Brien - The Whole Show

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Impact of Rising Interest Rates on Homeowners and Rental Market Dynamics

The chapter discusses the challenges faced by homeowners needing to refinance as interest rates rise, highlighting the negative portrayal of landlords in the media. It also explores the implications of government policies favoring homeowners over renters, including Section 24 taxation. The conversation delves into the struggles of landlords facing evictions and financial challenges, as well as the changing dynamics in the rental market due to factors like Airbnb rentals and government housing benefit rates.

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