Labour scraps pledge to bring in rent controls in latest U turn

Labour has ditched a pledge to control surging rents if it wins the next general election – nine months after endorsing the policy. Lisa Nandy said last September that that she wanted to give local authorities the power to freeze rents, telling the party conference: “Doing nothing is not an option.”
But speaking on Wednesday, the shadow communities secretary described the approach as a “sticking plaster” and claimed it would increase homelessness. “When housebuilding is falling off a cliff and buy to let landlords are leaving the market, rent controls that cut rents for some, will almost certainly leave others homeless,” she told the Housing 2023 gathering of industry professionals. Scrapping the policy represents a major shift in thinking for Labour, which has promised the regulation of rents in all its manifestos since Ed Miliband was leader.

https://www.independent.co.uk/news/uk/politics/labour-rent-controls-lisa-nandy-keir-starmer-b2365616.html

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