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  • Buy-to-Let

    Family straw poll - rent control vote winner?

    How about showing your family some of the many US cop show episodes where rent control is a motive, or suspected motive for murder, or reminding them that Rachman exploited the rent control system of his time.

    Of course Labour only proposed to limited rent rises to inflation, or to allow cities to do so.

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    The only thing Rachman was ever prosecuted for was parking his car without lights

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    According to Wilipedia he was prosecuted twice for brothel-keeping.

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    The only way I could see Rent Controls working is by limiting the increase each year. Many industries have this ruling placed on them, such as mobile phone bills can only increase by inflation.

    As long as the starting rental value wasn't set by some thicko that sets at LHA rate then I think it would be ok.

    An annual inflation amount would be ok, I'd go for it.

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    Absolutely spot on and I'm pretty convinced that rising with inflation is how it will play out and I'd have no problem with that.

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    In which case can we have the lot that have interfered in the electricity market, on the basis they operate we’d all be gazillionaires in 5 years.

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