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Making life more difficult for landlords more does not tend to hurt renters, new research has found.

Lobby groups have warned in recent years that increases in stamp duty designed to penalise buy-to-let landlords and other fiscal obstacles thrown in their way risk pushing up rents.

But the Generation Rent pressure group has found no association between tax increases on buy-to-let investors and rents, suggesting that the lobby’s argument is spurious.

The 3 per cent stamp duty surcharge introduced by the previous Chancellor, George Osborne, in 2015 has coincided with a 2.8 per cent decline in inflation-adjusted average rents.

 

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