Meeting of the Parliament 15 May 2024
I am afraid that I have only 50 seconds left.
That is the first thing that needs to be recognised. The second one is that we need to be cautious and take an evidence-based approach about any rent control measures that are introduced. There is evidence that they act as a floor rather than a ceiling, so we need to consider them carefully.
Finally—I said that there were two things, but there are three—the mid-market rent properties need to be excluded from any rent control measures, because they are a form of social housing.
I am frustrated at the Government’s response. It really needs to wake up and accept its responsibility for 17 years in government. However, so far, I have not been convinced that that is the case.