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Housing Today
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Report commissioned by Labour proposes introduction of private rent caps
Labour has responded to the report stating that rent controls are not official party policy but that action does need to be taken to protect renters
A Labour-commissioned report into the private rented sector has recommended implementing rent caps to stabilise rents if the party wins the next election.
The report, commissioned by Lisa Nandy a year ago during her tenure as shadow housing secretary, proposes implementing rent caps to restrict rent hikes within tenancies.
These caps would be tied to either local wage growth or CPI, whichever is lower.
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