More than 80,000 "buy-to-let families" - note the un-Rachman-like "families" - face a "tax shock", according to The Times.
In short, they may have claimed too much tax relief or failed to declare the rent or capital gains they enjoyed from the property. Some may receive backdated tax demands. A few may be forced to sell a property to pay them.
The Times has a great deal of sympathy for these unfortunates, and urges HM Revenue and Customs not to deal with them too harshly. "Buying to let is a process that benefits those who own the property, those who live in such houses and thus society as a whole ...
"It is, of course, the Revenue's duty to prevent tax evasion. It should, however, be prepared to acknowledge where a situation is confusing and place its emphasis on clarifying the position so that future tax payments are entirely accurate.
"It is unreasonable to work on the assumption that buy-to-let investors have sought deliberately to defraud the tax authorities in the past ..." Really? Has this Times leader writer rented many flats, the Wrap wonders?
The Telegraph is worried about an oversupply - no, a "tidal wave" - of two-bedroom flats at the expense of new houses. It blames John Prescott's planning regulations.
* This is an excerpt from the Wrap, our emailed digest of the daily papers. Find out how to subscribe.
