Mayor of London seeks new term on back of Rent Controls

January 25, 2019

The mayor of London will look in to supporting a campaign that will combat rising rent prices in London though as any person looking to get an extra term would do, the mayor said he can only make this happen if he is given a further term. The mayor who supports a second people’s vote and even if London was deemed to be a remain region over leave, then many others will turn away any support who own property portfolios who may start to see the pounds in their pockets decrease by further squeezing of landlords profits / patience.

The UK as a whole including London has a housing problem and mostly in affordable housing and rent controls is a good thing to turn away investors on residential properties and hand them back to people who simply want a home over an asset – Can rent controls really be enforced and to what degree will they make an effect on the average monthly rent costs?

President Trump has plans for a luxury estate build next to his golf course in Aberdeenshire – Shouldn’t affordable housing, no matter what penalty fee he will suffer if he doesn’t, be supplied with a degree of affordable housing as a set rule ie one rule for all?

It is said that two thirds of renters in London are in favours of pricing controls over rentals – Will that be enough to carry the decision through as not always a majority is a clear cut answer as we all know with the 2016 referendum?

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

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