Of course rents will increase at a faster rate as many landlords (especially those newer to the market) will be intolerant of any loss...and the rest will simply follow "market rate".
If the government was interested in addressing the housing crisis rather than trying to make first home ownership more affordable for the children of the (voting) middle class they would have started a massive state house building regime 4 years ago... If there was not such a demand for housing house prices would have accelerated at a much lower rate meaning that people would be less desperate to get on the "property ladder".
Leaving it all in the hands of private developers has just been an acquiescence of responsibility.
Of course rents will increase at a faster rate as many landlords (especially those newer to the market) will be intolerant of any loss...and the rest will simply follow "market rate".
If the government was interested in addressing the housing crisis rather than trying to make first home ownership more affordable for the children of the (voting) middle class they would have started a massive state house building regime 4 years ago... If there was not such a demand for housing house prices would have accelerated at a much lower rate meaning that people would be less desperate to get on the "property ladder".
Leaving it all in the hands of private developers has just been an acquiescence of responsibility.