As a German person, I can tell you once rent control comes into play it goes to hell. You will have hundreds of people applying for each apartment, cause it’s under the market clearing price.
WAGRAMWAGRAM on
>Soon, a different system of rent controls will be coming to the UK. In Scotland, councils will be allowed to ask the government for permission to impose rent controls on private properties in some areas. This is expected to happen by spring 2027. Temporary rent controls introduced in October 2022 expired in spring 2025.
hhmm
>All this has long been the orthodox position among housing economists, but Dr David Madden of the London School of Economics (LSE) says the “orthodoxy is changing”. Controls can work, he says, as “part of a broader strategy” that includes social housing and building affordable homes.
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Scottish devolution was a mistake
As a German person, I can tell you once rent control comes into play it goes to hell. You will have hundreds of people applying for each apartment, cause it’s under the market clearing price.
>Soon, a different system of rent controls will be coming to the UK. In Scotland, councils will be allowed to ask the government for permission to impose rent controls on private properties in some areas. This is expected to happen by spring 2027. Temporary rent controls introduced in October 2022 expired in spring 2025.
hhmm
>All this has long been the orthodox position among housing economists, but Dr David Madden of the London School of Economics (LSE) says the “orthodoxy is changing”. Controls can work, he says, as “part of a broader strategy” that includes social housing and building affordable homes.
hhhhmmmm
Why do people refuse to learn this lesson?