Wednesday, 2 January 2013

It's time for rent regulation

Protests about the negative effects of the government’s cuts to social security payments abound. I have had multiple face book messages asking me to sign the petition on disability living allowance.

 One journalist clearly identifies that the effects of the cuts will be exacerbated by the ‘crazily overheated rental property market’.

The solution favoured by London Councils struggling with this problem – move people out of London; it’s cheaper to buy accommodation for them in Hastings, Manchester and Slough than it is in Hackney and Islington.

However, there is another solution: we should regulate the rental market to keep private rents down. Anathema to Tories, of course, but why isn’t Labour saying this? Green Party policy is that housing is a right – then one way of ensuring that right is mechanisms to keep rents down to affordable levels.

And we should be shouting that from the rooftops.

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