Civil unrest if rent controls are imposed
- September 23, 2015
- No comments
MP for Tottenham, David Lammy another prospective Labour candidate for next year’s London mayoral
election, has warned that unless rent controls are imposed the capital risks ‘civil unrest’.
Lammy told the Guardian “I worry about London. If we don’t do something about this, we are going to be like
the Parisian banlieue, where you have squalid accommodation outside the centre, a rise in rioting and chronic
and endemic hardship,”
In the run-up to last May’s general election, it was pledged by the Labour Party to put rent controls in the form
of a cap on rent increases as well as a prohibition on letting agent fees and minimum three year tenancies.
In June, the shadow chancellor and MP for Nottingham East Chris Leslie, indicated he was against the capping
of rents and doesn’t believe there should be a further crackdown on letting agents.
Your Move and Reeds Rains’ latest for Wales were at a record high of over £800. London Rents increased by
12.1% that year to July, with monthly growth standing at 3.3%.