The Renters’ Reform Bill is a distraction from low housing supply
25 October 2023
SUGGESTED
In the Media
Julian Jessop quoted in WIREDGOV, the Times, and the Financial Times
25 October 2023
Press Release
26 October 2023
Government and Institutions
Kristian Niemietz writes for the Spectator
IEA Head of Political Economy Kristian Niemietz has written in the Spectator discussing why the Renters’ Reform Bill will not help the housing crisis, and what its unintended consequences might be.
Kristian wrote:
“It fails to tackle the main cause of our housing woes: a lack of supply. The Renters’ Reform Bill aims to improve tenant security in the private rental sector by scrapping no-fault evictions, but it won’t solve Britain’s housing crisis. Regulation begets more regulation, bureaucracy begets more bureaucracy.
“In effect, this would mark the end of fixed-term rental contracts. Tenancy agreements may still have a notional end date, but it will be largely meaningless, because nothing happens on that date.”
Read Kristian’s full piece here.
Kristian wrote:
“It fails to tackle the main cause of our housing woes: a lack of supply. The Renters’ Reform Bill aims to improve tenant security in the private rental sector by scrapping no-fault evictions, but it won’t solve Britain’s housing crisis. Regulation begets more regulation, bureaucracy begets more bureaucracy.
“In effect, this would mark the end of fixed-term rental contracts. Tenancy agreements may still have a notional end date, but it will be largely meaningless, because nothing happens on that date.”
Read Kristian’s full piece here.
SHARE
