PRS ‘needs rent controls and indefinite tenancies’ claims independent think tank
Civitas, an independent right-of-centre think tank has said that inflation-busting rent rises should be banned and indefinite tenancies should become the norm in the private rented sector (PRS).
Dismissing concerns that rent regulation would deter investors from the sector, the report said rent should not be allowed to rise above inflation once freely set at the start of the tenancy.
It also said tenants should ‘ordinarily’ be allowed to remain in the property ‘for as long as they wish’ to make the tenure suitable for families.
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