Sadiq Khan wants Rent Repayments Orders doubled to a maximum of two years

Poor tenants.

Kick the landlord = kick the tenant

Khan 'wants' populist things to gain votes but which he doesn't have control over so doesn't have to do anything. Come election time he goes on about rent controls as if it's something he will do but it's not in his power - unlike transport and policing. Wonder how that's all going...

Reply to the comment left by Mike at 17/02/2022 - 11:11
Excellent comment 🙂

Reply to the comment left by NewYorkie at 17/02/2022 - 15:29
Have you seen what the rents are in Brixton lol.

It is quite apparent now that all political parties including local Councils, are playing mind games with Tenants to their votes and popularity, by proposing and introducing tougher housing legislation against landlords, just to gain Tenants votes; at the peril of Landlords.

If you take for instance the ratio of number of individual landlords to number of individual tenants living in rented accommodation, this ratio could be as high as 1:4 in London, which theoretically means for upsetting 1 landlord they can gain 3 tenants votes, so it costs political parties absolutely nothing to bring in tougher legislation against the landlords to favour tenants; to pull their votes.

None of the political parties and local councils would give a damn about upsetting Landlords and losing their vote as they can gain 3 times as many votes from appeasing tenants.

This is no less than a bribery being offered to tenants, this is a cunning way to win votes, at the expense of landlords and upsetting them.
This is exactly what Sadiq Khan's new proposal are about.

It is to incite tenants to vote him in office, to appraise his policies, but how foolish can the tenants be for falling into this political trap, little do the tenants know that these sickening games of politics are directly causing their rents to shoot through the roof.

Tougher legislation and higher standards and insane amounts of penalties against landlords really means that rents will keep on going up and up and up, so no brainer here. You get what you pay for. If tenants want higher standard accommodation it will cost more to rent, is it any brainer?

Sadiq Khan is now playing this sick joke on tenants, which is going to hurt tenants pockets ultimately, his interest lies in increasing his own popularity at the expense of upsetting landlords and ultimately hurting the interests of tenants, so knowing very well that rents will go up, he then proposes Rent Controls!

What a charming politician, and so what he hasn’t thought about is one cannot go on abusing landlords squeeze the last drop of blood, so the consequences will be that many landlords will sell up and go and there will be even fewer affordable rental properties available to rent. This will ultimately drive the poor tenants out of London, so those few remaining tenants will be paying rents through their nose.

It really is time that tenants realised who they should vote and who otherwise will pay for higher standards, and higher legislation, with heavier penalties being proposed and imposed on landlords,

The dirty tricks politicians play to gain tenants votes which indirectly causes their rents to shoot up, that is the very reason rents are so high, a hard working tenant now pays a third of his wages towards his rent when he should be paying no more than about a quarter.

It is time that politicians stop bribing their way into gaining votes and popularity. A time will come if this offer of bribery don’t stop that rents will become almost half of one’s earnings.

So tenants please think before you vote any devious politicians that promises you better housing at the perils of landlords, their policies are going to bite you back, we are already stung badly.

Tenants are not really stupid either, they know if standards are driven higher, someone has to pay for higher standards, it will be the tenants. You do not get something for nothing.

Five percent of the population are wealthy and the balance are poor to a greater or lesser extent. The difference is stupidity and ignorance which is the average human condition.
There will always be the gullible,
How many of your tenants are smart with money?
Not many I suspect.
I have my doubts if Khan can impose such limitations. He is mayor of London and the individual councils control housing?
There is an election coming along soon. The gullible will vote for him.

and what about London Council Homes that are almost equally failing ?

Yes indeed but apart from a token gesture of a few features on BBC news recently, they continue to slag off private landlords instead. Even during these TV features it was a long time before they stated that the landlords were social housing or the council. The general public needs to be educated about the real situation.

Rent controls end up hurting people struggling to find cheap rental properties as it reduces the supply because tenants are locked in to properties that they don't want to move from as they will lose their amazing deal. It also reduces investment and stagnates the quality of housing. They will have to combine the rent controls with communist style management of every detail of a rental property. By removing the market from the picture landlords will struggle to sell their properties as new owners will be locked in to below market rents. People hoping to find cheap rental properties will have to join a waiting list for rent controlled properties, with many of the best ones going to special groups. The tenants "lucky" enough to live in a rent controlled property will moan about their landlords only ever doing the absolute minimum and purposely not doing things to encourage them to move, so they can get new a more updated rental value. This is what was found in the US where rent control were tried. It doesn't solve the problem and just stagnates the market.

https://mises.org/library/unintended-consequences-rent-control