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Podcast: The Property Nomads Podcast
Episode: Rents Too High - Then get RID of RENT CONTROLS
Description: Rob discusses the issue of high rents and the proposed solution of implementing rent controls. He argues that rent controls do not work and uses examples from the USA and Scotland to support this claim, emphasising the importance of addressing the supply side of the housing market rather than implementing price controls. KEY TAKEAWAYS Rent controls do not work and have never worked in the past. Implementing price controls or rent controls can lead to a temporary suppression of issues, but they resurface when the controls are removed. Scotland's experience with rent controls for social housing a...