48
Greens announce plan for three-year emergency brake on private rents to give renters ‘breathing space’ (greenparty.org.uk)
submitted 5 days ago by to c/unitedkingdom@feddit.uk
47 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 2 points 5 days ago (1 child)

so why didn’t he put a tax or penalty on empty homes?

putting a freeze on rent prices aka market intervention usually results in the market self correcting, so if the market is overwhelmed enough eventually the market will work around this by asking for bigger upfront payments, hidden extra payments, payments that don’t involve cash etc

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 5 points 5 days ago

    I'm not against wealth taxes in general. No argument from me. According to the article, rent increases has far surpassed wage increases.

    There's a few ways of addressing that, I don't think Greens are ONLY arguing for a rent freeze, i

  • permalink
  • fedilink
  • source
  • parent