Rob looks into the repercussions of rent controls in Scotland, highlighting the imminent challenges faced by tenants and landlords alike. He dissects the government's decision to implement price controls and the subsequent impact on the housing market.
KEY TAKEAWAYS
BEST MOMENTS
"Rent controls and price controls do not work whatsoever. There's thousands of years of history to show you that rental caps or price caps don't work."
"The market's been suppressed. So now the market has got the freedom to do what the market needs to do. You're going to have this big jolt up."
"It's better if you would have allowed the free market to have done what the free market does."
"The very people that they're seeking to want to protect are the very people that are going to lose out. Period."
VALUABLE RESOURCES
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ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.
BOOKS
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
WHERE TO FIND US