Arguments in favour of capping rent inflation ‘overwhelming’, Khan tells MP
Rent controls mean public sector workers and those on lower pay can afford to live and work in the Austrian capital
Three-year tenancies may offer more stability but renters can expect to save only a few pounds a week with a rent cap
Housing minister Alok Sharma has told a major residential conference that rent controls will definitely not be a policy of the government for at least the duration of the current parliament.
London has become one of the most expensive cities in the world to rent a home, prompting a leading trade union to call for the introduction of New York-style rent controls on landlords to help keep costs down.
The precarious nature of renting is a growing concern – but how best to improve the market and limit rising costs divides opinion.
The House of Lords has launched an “urgent” investigation into the housing market and wants views.
The inquiry, by the economic affairs committee, will investigate the supply and affordability of housing for both rent and buy.
It will also look at Stamp Duty reforms and whether rent controls would be a good idea.
A new report into rent controls found that a number of landlords would sell all or some of their properties immediately.
A number of others would gradually reduce their portfolios.
The research asked 174 London landlords how they would respond to a range of possible rent control scenarios.
Scotland is to introduce rent controls and ban “no fault” evictions in a shake-up of the country’s private rented sector.
First Minister Nicola Sturgeon has released the Scottish National Party’s programme for government for the forthcoming year.
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