Protections for tenants have changed in recent weeks, with many Scots reporting significant increases in their monthly rents after the end of the so-called ‘rent cap’. Ferret Fact Service explains what is going on.
Rent hikes and evictions
Probably what everyone except the Greens expected to happen.
Rent goes up to market levels, probably by about the same amount folks mortgages will have went up with interest rate increases?
Some landlords are catching up on rent, but it won’t make a long term difference. If rent is kept artificially low, a landlord will be pushed to change the situation, e.g. by selling up. New York has far stricter rent control laws than we’ve ever had and very high rents. Rebt control is about as effective as Nixon’s War on Drugs.
The way to get rents down is supply and demand – build more houses.
What would you do if you wanted to reduce the number of rental properties on the market, drive up rent, and discourage build-to-rent? “The housing bill was introduced to parliament in March 2024, and proposals include “long term rent controls for private tenancies, new rights to keep pets, decorate rented homes and stronger protection against eviction”
Rents go through the roof. As high as landlords can set them as they’ll be worried about a future cap so will be trying set them as high as possible now.
Evictions and homelessness and an extra strain on essential services.
People will just have to eat landlords to survive?
The utter capitulation to the logic of markets and landlords is pretty shocking on this sub. ‘Market forces’ are not some iron law of nature, and no one has a god given right to make a profit.
Yes there supply and demand factors that influence the price of rents, but this is only one part of the story. Housing – especially of vulnerable people – should not be an asset to be bought and sold at the whim of landlords. In many ways we need to make it unprofitable for them so that councils become stronger players over private landlords/developers for the building and provision of housing.
To get to that point, regulations need to be implemented. They need to be robust and they need to protect tenants. If the argument is that in between tenancies landlords will jack up the rents to market value, then tie rent controls to properties and not the tenancy. If private landlords are forced to sell, GOOD. Get councils/housing associations to buy the flats.
Landlords are not going to fix the housing crisis. Stop repeating their arguments.
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Protections for tenants have changed in recent weeks, with many Scots reporting significant increases in their monthly rents after the end of the so-called ‘rent cap’. Ferret Fact Service explains what is going on.
Rent hikes and evictions
Probably what everyone except the Greens expected to happen.
Rent goes up to market levels, probably by about the same amount folks mortgages will have went up with interest rate increases?
Some landlords are catching up on rent, but it won’t make a long term difference. If rent is kept artificially low, a landlord will be pushed to change the situation, e.g. by selling up. New York has far stricter rent control laws than we’ve ever had and very high rents. Rebt control is about as effective as Nixon’s War on Drugs.
The way to get rents down is supply and demand – build more houses.
What would you do if you wanted to reduce the number of rental properties on the market, drive up rent, and discourage build-to-rent? “The housing bill was introduced to parliament in March 2024, and proposals include “long term rent controls for private tenancies, new rights to keep pets, decorate rented homes and stronger protection against eviction”
Rents go through the roof. As high as landlords can set them as they’ll be worried about a future cap so will be trying set them as high as possible now.
Evictions and homelessness and an extra strain on essential services.
People will just have to eat landlords to survive?
The utter capitulation to the logic of markets and landlords is pretty shocking on this sub. ‘Market forces’ are not some iron law of nature, and no one has a god given right to make a profit.
Yes there supply and demand factors that influence the price of rents, but this is only one part of the story. Housing – especially of vulnerable people – should not be an asset to be bought and sold at the whim of landlords. In many ways we need to make it unprofitable for them so that councils become stronger players over private landlords/developers for the building and provision of housing.
To get to that point, regulations need to be implemented. They need to be robust and they need to protect tenants. If the argument is that in between tenancies landlords will jack up the rents to market value, then tie rent controls to properties and not the tenancy. If private landlords are forced to sell, GOOD. Get councils/housing associations to buy the flats.
Landlords are not going to fix the housing crisis. Stop repeating their arguments.