LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Rent controls ‘would be a disaster for tenants’ – London Wallet

Mark Helprin by Mark Helprin
June 8, 2023
in Real Estate
Rent controls ‘would be a disaster for tenants’ – London Wallet
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Estate agency numbers forecast to grow 4% in 2026 – London Wallet

Does estate agency have a drinking problem? – London Wallet

What will happen to house prices in 2026? – London Wallet

Following the Welsh government’s publication of its Green Paper on fair rents and adequate housing, the NRLA is calling on those with an interest in housing to make their views known on the future of the Welsh private rented sector.

The Welsh Government’s consultation seeks views from stakeholders on understanding rents, behaviour, affordability and increasing supply and adequacy.

For NRLA members active in the Welsh private rented sector, this is the time to ensure their views are taken account during the development of policy proposals which will be set out in the forthcoming White Paper.

Ben Beadle, Chief Executive of the National Residential Landlords Association, said: “The Green Paper highlights the key issues as housing supply and affordability of rents in Wales. Let’s be clear, rent controls would serve only to decimate the sector further and would be a disaster for tenants, when so many are already struggling to find a place to rent.”

Labour in Wales  voted against freezing rent costs amid a supply-and-demand crisis in the private rental sector in November last year.

Plaid Cymru had called for rent to be frozen and evictions banned in a bid to halt people becoming homeless over winter as a result of rapidly rising rents.

The call came after the Scottish government introduced a host of emergency legislation last year, including a temporary freeze on rents and evictions.

But Labour’s housing minister, Julie James MS, said rent freezes would have “unintended consequences” and that Scotland’s move has seen landlords leaving the market in rising numbers.

Beadle added: “The minister [Julie James] herself diagnosed the issues when she rightly rejected calls for a rent freeze before Christmas. The same reasons apply now. We all want to see more homes available to rent but adopting the tried and failed ideology of rent controls is not the way to do it. The best way is to introduce pro-growth measures to increase housing supply that will reduce costs for renters.

“Now is the time for landlords to get involved and for the Welsh government listen carefully to the views of those providing much needed homes.”

Interested parties can see the consultation and how to reply to it here.

 





Source link

Share30Tweet19
Previous Post

BTL landlords bemoan negative press – London Wallet

Next Post

West Ham fans clash with riot police during European final celebrations

Mark Helprin

Mark Helprin

Recommended For You

Estate agency numbers forecast to grow 4% in 2026 – London Wallet
Real Estate

Estate agency numbers forecast to grow 4% in 2026 – London Wallet

December 16, 2025
Does estate agency have a drinking problem? – London Wallet
Real Estate

Does estate agency have a drinking problem? – London Wallet

December 16, 2025
What will happen to house prices in 2026? – London Wallet
Real Estate

What will happen to house prices in 2026? – London Wallet

December 16, 2025
Fast-growing estate agency brand acquires established firm – London Wallet
Real Estate

Fast-growing estate agency brand acquires established firm – London Wallet

December 16, 2025
Next Post
West Ham fans clash with riot police during European final celebrations

West Ham fans clash with riot police during European final celebrations

Related News

Stocks making the biggest moves after hours: Whirlpool, F5, Cleveland-Cliffs and more

Stocks making the biggest moves after hours: Whirlpool, F5, Cleveland-Cliffs and more

January 29, 2024
Price analysis 6/26: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC

Price analysis 6/26: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC

June 26, 2023
Russia deploys ballistic nuclear weapons – London Business News | London Wallet

Russia deploys ballistic nuclear weapons – London Business News | London Wallet

May 28, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?