Will new rent rules help or hurt tenants - or fix the housing crisis?
The Government will bring its latest housing fix to Cabinet today when it presents new rules on rent levels for approval.
Aimed at boosting supply – by encouraging large institutional investors to build and small landlords to stay in the market – the plan primarily concerns rules around Rent Pressure Zones (RPZ).
These were established in 2016 – the number of such zones grew over the years – to curb rent rises. Landlords could only raise rents annually, first by 4 per cent and in a subsequent change to the rules, by 2 per cent.
Now landlords of new builds – new houses or apartments – do not…
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