#rent controls

[theragingmoon]

join your local tenants' union and join a trade union/organise your coworkers.

trying anything is better than whatever the fuck these conditions are

[generalelectionmusings]

[earlgraytay]

@moral-autism and @illidanstr had good things to say about rent controls, so I’m reposting them here. 

[generalelectionmusings]

Rory Stewart opposes rent controls after pocketing £20,000 in rental income

EXCLUSIVE The ex-Tory MP, standing for Mayor of London as an independent, insisted rent controls "wouldn't solve the problem" of soaring ren

[fitzrovianews]

London Rent Commission sets out steps for controls in new report

Green Assembly member Zoë Garbett convened a London Rent Commission in November 2024. Photo: City Hall Greens. Private tenants in London have backed rent controls after an Assembly Member declared the capital was facing a “cost of rent crisis” — with the city’s nearly three million renters paying on average over 40 percent of their income to landlords. A report published by Green Assembly…

London Rent Commission sets out steps for controls in new report

[rodgermalcolmmitchell]

Rent control: The always-fails solution for the economics illiterate.

Economics is a remarkable science. In most sciences, exceptions to a hypothesis invalidate the hypothesis. For example, If a mineralogist said, “All diamonds are hard,” finding a soft diamond would invalidate the claim. Not so with economics. Rent controls have often been promoted and adopted to aid affordability, have failed in this mission. Yet, here they are again being proposed. ‘Renters Are…

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[componentplanet]

Rent controls

A simple look at how rent controls work and how effective they are. from BBC News - London https://www.bbc.co.uk/news/business-49030885 from Blogger http://componentplanet.blogspot.com/2019/07/rent-controls.html

[evenodderuk]

This might take the pressure off the smaller private companies by actually reducing the amount calculated as the living wage; with lower utility bills, the amount of money needed for a working person’s survival will also drop. If the government and the utility companies got their sums right, this could mean the need to subsidise working people’s pay would be wiped out, meaning a large saving on the tax bill. Feed this through to working people in the form of a tax cut and, again, smaller private companies would benefit (along with everybody else, of course). An alternative of using the money to help pay off the deficit would be unhelpful – we need more, and healthier, businesses in this country, employing more people. Get that sorted and the deficit will come down in any case. On a completely different tack, what about Landlord Subsidy (otherwise known as Housing Benefit)? Why not put a cap on rents, thereby ensuring that the government is not subsidising the rapidly-increasing pace of (some) landlords’ greed?