Labour rent control proposals could be'catastrophic' for PRS

摘要

Labour's rent control proposals could "risk undermining" or even be "catastrophic" for the UK's fledgling private rented sector, housing experts have warned. Labour leader Ed Miliband this week announced his party would cap rents at the rate of inflation and make three-year fixed tenancies standard, as the party put housing at the heart of its election campaign. But Labour's rent controls policy has alarmed housing experts. The RICS warned the proposals were ill-considered and "risk undermining" investment in the private rented sector (PRS).