Think tank proposes national rent stabilisation scheme
AI Summary
The Institute for Public Policy Research in the UK proposed a national rent stabilisation scheme to cap rent increases based on wage growth and the Consumer Price Index. This 'double-lock' model aims to control rent rises while addressing housing supply and investment concerns.
The Institute for Public Policy Research has proposed a national rent stabilisation scheme designed to limit rent increases whilst addressing supply and investment concerns. The 'double-lock' model would cap rent rises according to both wage growth and the Consumer Price Index, applying during tenancies and when properties are re-let. The post Think tank proposes national rent stabilisation scheme appeared first on PropertyWire.