Nationalist politician uses Morning Star to call for rent controls

Nationalist politician uses Morning Star to call for rent controls


Todays other news
The questions suggest most details of Awaab's Law have still...
The figure is in a government impact assessment about Awaab's...
It will come into effect later this month...
The council will shortly begin a two month consultation exercise...
Blue house under magnifying glass with many white houses in background.

A nationalist politician has used the left newspaper the Morning Star to make a vocal appeal for rent controls.

Luke Fletcher, the Plaid Cymru politician representing South Wales West in the Welsh Parliament, claims in the newspaper that the White Paper on housing currently under debate in the parliament effectively ignores rent controls as an option. 

Advertisement

He also dismisses the Labour-led Welsh Government’s suggestion that there is insufficient evidence that rent controls work, and says the government prefers to be “listening to the landlord lobby.”

Advertisement

Instead – in a lengthy piece – Fletcher claims: ”We don’t need more data to know that private rents have skyrocketed and that people are being priced out of their own communities.”

Advertisement

And he continues: “Simply adding more data to the pile won’t solve a thing. The Welsh government’s insistence on data-gathering exercises only delays meaningful change, while renters continue to bear the brunt of a market designed to extract profit from them. More data won’t make housing more affordable — action will.”

Fletcher is short on specifics but says that the rent control exercise under taken by the Scottish Government (led by nationalists) “created a loophole where landlords hiked rents between tenancies, undermining the entire system. Of course, this didn’t work.”

Advertisement

He instead advocates what he calls “second-generation systems” — policies that regulate rent increases, often linked to inflation or average income growth, and applying between tenancies as well as during tenancies “to ensure that landlords can’t jack up rents.”

Fletcher claims such systems work “in cities around the world” – although he does not given even one example.

Advertisement

His article suggests it doesn’t matter if landlords sell, because the properties stay within the market even if they become owner occupied. But he adds that: “The biggest worry is that landlords sell to the landlord arm of big banks or asset managers like BlackRock. There’s a space for government to intervene here and prevent this from happening.”

You can read the piece in full here.https://morningstaronline.co.uk/article/housing-crisis-delaying-meaningful-change-broken-private-rental-system

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
7 Comments
Oldest
Newest Most Voted
Recommended for you
Related Articles
Rent control document with pen and paper for landlords.
Generation Rent's chief executive backs Zack Polanski's rental sector idea...
Person in handcuffs representing tenant eviction or legal issues.
Propertymasrk has hit back at claims that rent controls work...
Hand holding magnifying glass over wooden house and rent blocks.
Cozy bedroom with large window overlooking lush landscape and river.
The figures come from lenders' trade body, UK Finance...
Tenants are increasingly discerning, claims the agent...
The Spanish Supreme Court made a key decision in May...
Recommended for you
Latest Features
It takes place on October 28...
The view of the chief operating officer of one of...
Sponsored Content
Property investment is a long-term strategy, but that doesn't mean...
The Renters’ Rights Act has sparked widespread discussion around rent...
Thinking About Selling Your Rental Property? Five Things Landlords Should...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.