The law of unintended consequences should have everyone thinking far more carefully about temporary rent freezes, eviction bans and longer term changes to Housing Tribunal powers
It’s a poorly thought out, knee jerk reaction! As you say, she must be seen to be doing something. There are well documented examples of this type of interference in the rental market having exactly the outcome you mention. You would think that after all the failures this administration has experienced, that they would perform more in depth investigation.
Exactly, California is an excellent case study where rent controls has led to decreasing homes for rent in the private sector. This is a well documented outcome, and happens time and time again.
It’s a poorly thought out, knee jerk reaction! As you say, she must be seen to be doing something. There are well documented examples of this type of interference in the rental market having exactly the outcome you mention. You would think that after all the failures this administration has experienced, that they would perform more in depth investigation.
Exactly, California is an excellent case study where rent controls has led to decreasing homes for rent in the private sector. This is a well documented outcome, and happens time and time again.
Yes, I fear that is exactly the outcome that we are now facing, it feels as though there is nothing that they will not destroy eventually. Very sad.