Ministry of Housing, Communities and Local Government written question – answered at on 4 November 2019.
Paul Farrelly
Labour, Newcastle-under-Lyme
To ask the Secretary of State for Housing, Communities and Local Government, what assessment he has made of the potential merits of introducing rent freezes to maintain affordable housing for low-income households.
Esther McVey
Minister of State (Housing, Communities and Local Government)
The government does not favour the introduction of caps on private rents as this could restrict investment in the private rented sector. From 1915 to the late 1980s, successive governments implemented policies to control or restrict private rents, which coincided with the decline in the private rented sector from nine-tenths of the housing stock in 1915 to one tenth in 1991.
Rent caps have lead to worse property conditions for tenants by discouraging investment in existing accommodation.
Yes2 people think so
No0 people think not
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