Monday 19 January 2015

Public Support for Rent Controls, But No Political Will

Support for rent controls is gaining momentum in the UK as continuously climbing property prices are making housing unaffordable for middle class and young families. The majority of people want the government to impose legal limits on rents for privately rented housing. Nearly 59 % of people showed their support for rent controls in a survey conducted by Survation recently. Only 6.8% of respondents were opposed. The remaining 34% didn’t have an opinion on the issue. In London, the ratio of people in favour of legal rent controls was even higher. Nearly 64.5% of those polled said that they “somewhat” or “strongly” supported mandatory rent controls. Read more on the Global Property Guide website.

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