Rent Controls – London vs the rest of the worldMake Text Bigger
A Landlord Today article this morning says David Orr of NHF (trade body for social landlords) thinks Govt should introduce Rent Controls.
Luckily the RLA have swiftly responded, saying “His calls for rent controls are based largely on a select few areas of London boroughs that have seen rents rise as a result of an acute housing shortage across all tenures.”
I’ve posted 2 comments on news articles today (the other was about the reported massive continuing rises in rents – until the last sentence, which then said actually it’s not quite the same around the rest of the country). I think the regional picture (which is turn is swayed again by higher levels of demand in the university cities) is hugely different!
What’s your experience? Have you managed rent increases, or are you starting to have more voids now? (an idea of what type of location your properties are based in would be useful to know too, if you are commenting). I’m certainly hearing more of that from around the ‘regions’ and this London story just doesn’t make sense elsewhere.
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