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One in four say buy-to-lets have a negative effect on their community

A new survey by Ipsos MORI has revealed that one in four (24 per cent) of people questioned thought that the buy-to-let trend was having a negative impact on their community.Over half (53 per cent) of those polled said the government should regulate of buy-to-let investments, with 60 per cent saying that it reduced the amount of affordable housing available, and nearly 45 per cent saying that buy-to-let damaged their sense of community.However, nearly half said they would invest if they had the cash, as would almost a third (31 per cent) of those who said buy-to-let had a negative impact on their area.Some 40 per cent also said that buy-to-let could help to regenerate run down areas. "This survey shows that many people have strong feelings about buy-to-let," said Stephen Finlay, head of housing research at Ipsos MORI, "but the picture is mixed. "People are likely to recognise the positive impact it can have on the supply of private rented accommodation and in improving run-down areas, but also that it can be detrimental to a sense of community. "Whatever people think about buy-to-let though, there are clearly plenty of people eager to get in on the action if they can."

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