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The UK rental rights don't really have rent controls as they're normally conceived: the two limits are rent can only go up once a year and that it must be rough
by rcxdude 1mo ago
The UK rental rights don't really have rent controls as they're normally conceived: the two limits are rent can only go up once a year and that it must be roughly in line with similar properties in the market or area, i.e. explicitly rents follow the market.
- mhh__ 1mo agoThe renters rights act is already seemingly leading to distortion in the market - it's not really the price controls as per se but the inability to do things when the tenant is in place.
- pydry 1mo agothe distortion is the slow euthanization of the parasitic buy to let landlord class and a decline in property prices to more affordable levels.