NetRent Social Media (5)

Rent Controls don’t work – study is warning to UK lettings sector

A study of what has happened to a private rental sector hit by rent controls provides lessons to those in the UK considering such a move.

The study comes from the Republic of Ireland where economist Jim Power conducted research for the Institute of Professional Auctioneers & Valuers and the Irish Property Owners’ Association.

The characteristics of the Irish private rental sector and the consequences of rent controls will ring bells in the UK where similar measures are under consideration.

Click this link to read the rest of this article.

 

 

Share this…