The mayor of London, Sadiq Khan, is launching his re-election campaign with a challenge to Boris Johnson to allow rent controls to be introduced if Khan wins another term in office.
Sadiq tread carefully, rent controls are notoriously counter productive; seem good (for current renters) but end up making things worse-creating scarcity for subsequent renters
SadiqKhan 2 point 2 per cent social housing pipeline for London: MayorofLondon. Ealing minus 1296 social rented homes, Southwark -992 SR, Hackney -558 SR, Enfield -465 SR, Barnet -423 SR, Bexley -393 SR, Havering -265 SR, Harrow -35 SR, Merton -13 SR. Total: Minus 4440 social rent homes..
SadiqKhan Rent contols have been tried in every city over the last 100 years, and the result is always the same. IT HURTS YOUNG RENTERS. Solution is BUILD HOMES. Ireland introduced Rent controls in 2016. Guess what, here is the Renting crisis in 2018
SadiqKhan If rent is covered under the Housing Act, what can Mr Khan do about controlling rent? Answers on a postcard SadiqKhan
SadiqKhan
Rent controls don’t work.
It'll be a referendum on the growing lawlessness under his watch actually
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