A prominent property website, which monitors the lettings market, suggests that rent controls would drive a proportion of rental stock to short let platforms such as Airbnb.
That’s the warning from property platform Home, which speaks of “an unprecedented decline in available rental stock on the market” from around 120,000 properties available for renting in February 2019 to scarcely 50,000 now, February 2022.
Home says this represents a massive 58 per cent fall in three years.
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