Rob discusses a recent protest in Brighton by members of the Living Rent Campaign, who were protesting against rent exploitation. He highlights the ineffectiveness of rent controls, citing the example of Scotland where rent controls led to a supply and demand imbalance, causing rents to skyrocket.
Rob also touches on the importance of increasing the supply of housing to tackle housing challenges, despite the challenges in funding such initiatives.
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"Rent controls, as we've talked about before, are not a good solution. Just look at the recent articles in Scotland. Rent controls attracted less investment, less development, leading to skyrocketing rents."
"Increasing the supply of housing is crucial to tackle the housing challenges. But the lack of a clear and cohesive strategy, changing governments, and local councils hinder progress."
"The Living Rent Campaign's call to end the right to buy scheme has pros and cons. It may help provide more housing but could also lead to issues with the types of homes being bought."
"Improving rent controls will backfire. It may provide a short-term victory but will lead to long-term consequences. The Living Rent Campaign should be cautious about this approach."
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https://www.theargus.co.uk/news/24417633.protest-outside-brighton-town-hall-rent-exploitation/
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