The Case Against Rent Controls And Rent Freezes

The Association of Residential Letting Agents (ARLA) has made a detailed case against so-called 'rent stabilisation' measures.  The London Assembly Housing Committee asked for comments from across the industry and consumer organisations in response to a number of questions, including ‘Which rent stabilisation measures do you think operate effectively in other countries?’ and ‘What more can the Mayor do to support the development of build-to-let and commercial landlords?’   ARLA sent a 36-point response, and a summary from the association's website summarises the case this way: “Fundamentally ARLA is not in favour of introducing rent stabilisation measures in London. In March we surveyed our members and nearly three quarters of them said that rent control, longer tenancies and less freedom to evict tenants will not benefit tenants in reality.” Read more on the Letting Agent Today website.