UK Chancellor Rachel Reeves is considering imposing a one-year rent freeze on private sector homes in England because they’re worried about the impact of the Iran war on voters’ budgets. Landlords in England would be banned from raising rents for that time under the proposals. This is just one of the proposals which are being debated within government as part of a major cost of living package to be launched in the coming weeks.
Why this is relevant to Neoliberal. Because it’s a discussion about the best way to prevent rent increases and a proposal for massive government intervention in markets,
upthetruth1 on
The Greens are influencing both Labour and SNP, do not underestimate them
99% of governments stop rent freezing just before the housing prices drop.
Even-Promotion-4024 on
Honestly if this is enough to keep reform and the greens out of power, it’s probably worth it even if it’s bad policy…
MyrinVonBryhana on
British century of humiliation continues.
FeigenbaumC on
“Temporary” measures like this have a tendency to stick around after they’re no longer needed due to the difficulties removing them. And even if they don’t you’ll see it be normalised to call for this in the future
The hope is that this is just a silly story where they’ve taken the most extreme proposal that has no chance of being implemented
ldn6 on
I’m a little confused because the government even very recently said that they weren’t going to implement or allow rent control at all.
8 Comments
UK Chancellor Rachel Reeves is considering imposing a one-year rent freeze on private sector homes in England because they’re worried about the impact of the Iran war on voters’ budgets. Landlords in England would be banned from raising rents for that time under the proposals. This is just one of the proposals which are being debated within government as part of a major cost of living package to be launched in the coming weeks.
Why this is relevant to Neoliberal. Because it’s a discussion about the best way to prevent rent increases and a proposal for massive government intervention in markets,
The Greens are influencing both Labour and SNP, do not underestimate them
https://preview.redd.it/tcvyh6zicsxg1.jpeg?width=330&format=pjpg&auto=webp&s=894b1786a5c8bb35a966549bf5918f6bb924e862
99% of governments stop rent freezing just before the housing prices drop.
Honestly if this is enough to keep reform and the greens out of power, it’s probably worth it even if it’s bad policy…
British century of humiliation continues.
“Temporary” measures like this have a tendency to stick around after they’re no longer needed due to the difficulties removing them. And even if they don’t you’ll see it be normalised to call for this in the future
The hope is that this is just a silly story where they’ve taken the most extreme proposal that has no chance of being implemented
I’m a little confused because the government even very recently said that they weren’t going to implement or allow rent control at all.