This article written by the NLA explains more lucidly than I have time to write, the effects of rent control, which is currently being promoted by socialist politicians in order to win cheap votes.

As ever with politics, the results will achieve the opposite of what was intended, to the detriment of EVERYONE.,36LDQ,CADIQ4,BEHIL,1

Assinine politicians (Milliband & Balls immediately come to mind as they appear to utterly fail to comprehend how markets work) need to be questioned by the media and by voters around the country to explain the long-term consequences on the property market of rent controls, and what happens if they introduce 3 year minimum rent periods, but interest rates rise.

Leave a Reply