The Residential Landlords Association (RLA) has spoken
out against the idea of rent controls, claiming they would damage tenants'
budgets if introduced. Rents in the private sector are increasing by less than
inflation the organisation said, pointing to official figures that show an
annual increase in rents of 1% across England. The latest figures from the
Office for National Statistics (ONS) show that even in London, where properties
are in high demand, rents rose by an average of 1.4% in the 12 months to March
2014. This compares to a consumer prices index rate of 1.7% and a retail prices
index rate of 2.5% over the same period. In response to these figures the RLA
said the figures show that pegging rents to inflation would leave many tenants
worse off. Read more on the Housing Excellence website.
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