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Green party calls for ‘immediate’ rent caps
Original Author: Rosalind Renshaw
The Green party has called for immediate rent caps, saying these are needed to protect tenants from escalating house prices.
The party also wants to see the creation of a Living Rent Commission.
Referring to the ONS report on house price inflation, Green party leader Natalie Bennett said: “For young people, this rise in house prices means that the prospect of owning a warm and secure home is at best decades away or at worst an impossible dream.
“Many are now consigned to expensive and poor quality private rented accommodation that leaves them with very little money at the end of the month.
“This news, coupled with the continued decrease in social housing stock, means that the Government must immediately impose a cap on rent rises as part of a multi-pronged approach to help the UK’s 11m private renters.
“Going further, Greens have been vocal about the creation of a Living Rent Commission to establish what acceptable rates of rent should be.
“There would be no better time than now to get this discussion started.”
http://www.propertyindustryeye.com/green-party-calls-for-immediate-rent-caps/
