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Call for Ministers to Implement Rent Caps to Address Housing Crisis in England


Unions are calling on the government to address the housing emergency by introducing a form of rent cap to alleviate unaffordable rents that are pushing millions of people into poverty and homelessness. Major union leaders and 19 signatories, including think tanks and renters’ groups, have signed a letter urging the government to devolve powers to metro mayors to introduce rent caps and invest in public housing.

Although Labour has plans to tackle the housing emergency and introduce a renters’ rights bill to end no-fault evictions, the absence of robust policy to address the root cause of unaffordable rents is a concern. The signatories point out that the government is set to spend billions of taxpayers’ money on housing benefit for private tenancies and temporary accommodation, highlighting the need for more affordable rents to alleviate pressure on councils and the public purse.

Despite backlash from landlords, a report commissioned by Labour proposed rent caps tied to consumer price inflation or local wage growth to address the affordability crisis without negatively impacting supply or investment. The letter to the government emphasizes the urgent need for action to control rising rents and ensure that everyone has a secure place to call home.

The Ministry of Housing, Communities and Local Government argues against rent controls, stating that they restrict housing supply and ultimately lead to higher rental prices. However, the union leaders and signatories are calling for immediate action to address the housing emergency and prevent further financial strain on renters.

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Photo credit www.theguardian.com

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