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There used to be rent control in London, back in the 1980s, there was a very small market for rentals that were not living in with the owner. There has been a h
by justincormack 10y ago
There used to be rent control in London, back in the 1980s, there was a very small market for rentals that were not living in with the owner. There has been a huge increase in rentals since, partly caused by inequality and differential availability of mortgages, but removing rent control did help (and adding shorthold tenancy contracts).