Government tackles landlords over bankers

I don’t know if anyone else has yet spotted the obvious logic problem with the government’s draft proposals on rent increases.

The main measure seems to be that landlords will have to ‘justify’ any rent increase. The main way to do this appears to be the argument that the increase is ‘in line with increases in rent in the market for similar properties in the area’.

But how will other properties be able to increase the rent, if they too have to wait until someone else increases the rent to create ‘new market levels’?