Massive social housing build. With 2x taxation (council tax I assume) for empty houses.
Idea being landlord are either forced to rent at reducing prices. Or sell the property at reducing prices. Rather then hold on and force a housing shortage while the gov tries to build housing.
Personally: I’d add set up a nationalised building firm. To buy unused brown field land (using eminent domain). And provide building services and equipment to local auths.
Or building corp will just refuse to build untill the gov is classed as a failure. We have already seen such companies sit on development land until prices increase.
I do like the idea of permits. Landlords must have a permit per property within a local authority (LA) and reject applications if they see fit, such as having too many permits already or blacklisted. The LA should be free to set whatever cost they want per permit. Tennants can raise issues in a centralised portal where the landlord can view them and resolve them, and if they’re not actioned upon or done properly the LA can intervene and start charging additional fines, or failure to deal with serious issues like mould could see the LA taking possession of the property.
The LA set the rental price so landlords don’t just wack up rent prices.
This might provide some income for cash strapped councils without having to purchase their own housing stock and managing it.
There could even be some funds available for well rated landlords that have to use the money to improve properties as an incentive to be proactive in their repairs etc.
A sudden ban would be madness. This would have to be phased in with some system of selling landlord permits which are phased out over time.
Or beat them at their own game by investing in massive amounts of good quality of social housing to flood the market.
One way or another, property prices will go down and people can’t stand the thought of negative equity.
This is basically the green proposal.
Massive social housing build. With 2x taxation (council tax I assume) for empty houses.
Idea being landlord are either forced to rent at reducing prices. Or sell the property at reducing prices. Rather then hold on and force a housing shortage while the gov tries to build housing.
Personally: I’d add set up a nationalised building firm. To buy unused brown field land (using eminent domain). And provide building services and equipment to local auths.
Or building corp will just refuse to build untill the gov is classed as a failure. We have already seen such companies sit on development land until prices increase.
I do like the idea of permits. Landlords must have a permit per property within a local authority (LA) and reject applications if they see fit, such as having too many permits already or blacklisted. The LA should be free to set whatever cost they want per permit. Tennants can raise issues in a centralised portal where the landlord can view them and resolve them, and if they’re not actioned upon or done properly the LA can intervene and start charging additional fines, or failure to deal with serious issues like mould could see the LA taking possession of the property.
The LA set the rental price so landlords don’t just wack up rent prices.
This might provide some income for cash strapped councils without having to purchase their own housing stock and managing it.
There could even be some funds available for well rated landlords that have to use the money to improve properties as an incentive to be proactive in their repairs etc.