Topic: | Re:Re:Will Labour's rent cap backfire on tenants? | |
Posted by: | Chris Lucy | |
Date/Time: | 05/05/15 09:43:00 |
They have rent controls in Mumbai and some of the older buildings are falling down because the landlords cannot afford to repair them. A similar problem happened here last time we had rent controls. I think your example of needing a salary of £77,000 to buy a property is wrong as there are still properties for sale well under £200K within the M25. |