Private Rented Sector

Part of Opposition Day — [2nd Allotted Day] – in the House of Commons at 2:47 pm on 25th June 2014.

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Photo of Stephen McPartland Stephen McPartland Conservative, Stevenage 2:47 pm, 25th June 2014

The positive thing about the debate so far is that Members on both sides of the House want to tackle the problem of a housing shortage and we all recognise that supply is one of the key issues in doing so. Until shorthold tenancies were introduced in the Housing Act 1988, there was almost no private rented sector in this country. In fact, rent controls contributed to the collapse in the private rented sector from more than 55% of households in 1939 to just 8% in the 1980s, and I believe the figure dropped to 7% in the early 1990s.