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The evidence on rent controls is mixed. I'd much rather councils built more good quality social housing to compete with the shoddy priced private sector.
Then hopefully the bad houses can be returned to the market for renovation and those looking to get on the housing ladder.
I agree however, I believe rent controls are a blunt tool to be used in emergencies. Social housing programs could take a decade to get up to speed, possibly never, considering this is the uk. Rent control could provide immediate relief to thousands tomorrow with little effort. Yes there are downsides but those downsides will have to be lived with because of all the feet dragging in regards to housing. The time to put the lid on the pot is over. Get out the fucking fire extinguisher and make a mess before the house burns down.
I prefer the idea of regulating against corporate ownership of housing stock and limiting private ownership to individuals and say 2 maybe 3 properties per individual.
Homes should not be seen as assets to build a portfolio of.
A thousand times yes, housing is a right, not a money-making vehicle.
An astute observation, Sir.
I'm not a bloke, but thanks lol
The private sector lobbying largely exists because there's no rent controls and they can charge exorbitant prices. Just the rent control would already fix a lot to get their money out of politics. But you are correct that building more is that only real permanent solution.
I would accept that as an alternative. But at least do one of them.