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With spiralling rents and mortgages hard to come by, Politician Diane Abbott advocates rent control in London, private landlord Richard Blanco disagrees. .Sign up for Snowmail, your daily preview of what is on Channel 4 News, sent straight to your inbox, here:
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Something has to be down because if my rent goes up I’m on the street . I have been looking for a place but across the country all rents have sky rocketed !! I am looking close to Canada but I’ll have to leave my sons and grandchildren and I’m a widow!! I’ll never move into housing around here because there all cockroach infested!! I don’t want the government to help because their horrible, senior housing, and more !!!
Under full liberty, landlords would have ALL rights of freedom available to them as legal possessors of owned property. The rental agreement would then solely determine which of these rights are assigned to the tenant in exchange for rent.
In practice, the authority of the state has written rules, a bit like writing some extra terms on that lease, that do remove rights from the landlord and assign to the tenant, also essentially in exchange for rent like the landlord does, but if they are good law, are really just exchanges of the sovereign rights of individuals, the sum total is still then a kind of adjusted full liberty.
Most all tenants rights are examples of this. The 30 day notice of change of terms by a landlord is balanced with the 30 day notice of intent to leave by the tenant.
Tenants may withhold rent, move out without notice, sue the landlord, call state or local health inspectors, or exercise the right to “repair and deduct” if a landlord fails to take care of important repairs as this is really a breach of the lease to provide what is being rented by landlord. lf the landlord delivers as promised, this never comes up. Seems equitable.
That is balanced by the 3 day notice to cure or quit a lease seems equitable as it gives time, but not too long a time, for a tenant to cure their breach of the lease. Seems equitable, but different states have different times.
The 24 hour advance notice of landlord entry respects the tenants privacy and individual sovereignty, but also allows the landlord to meet their obligations and inspect tenants are meeting theirs.
Seems equitable.
Maximum limits on security deposits are equitable since they represent a fair estimate of a minimum landlords require to prevent tenants from not paying under normal circumstances. Seems equitable.
And then there is Rent Control. Sorry, I don't find ANY equity there. It is a pure transfer of landlord rights to the tenant. A one way street. It's as if they owned the place and defined the terms of rental. Almost silly . Worse than a one way inequitable transferring of rights, it also cuts the rent which is the only tenant exchange for a right! Yet in some radical political environments this corrupted sense of American law principals is allowed to stand. The right challenge to it just has not occurred in areas where the body politic has gone full communist collective.
Tyranny , economic stagnation, misery, suffering, violence and death is the future of that way of thinking, the commie way.
Eradicate all rent controls. Make new construction profitable and abundant.
I think rents should be required to be fair. The property must be surveyed beforehand and a fair rent decided, taking various factors into account. Rent increases must be capped at inflation and landlords should be banned from increasing rent more than once a year. It also needs to be much more difficult for landlords to evict tenants – the only acceptable reasons should be non-payment of rent for at least 5 months, breach of contract, or repeated anti-social behaviour.
They do it in New York and it's a disaster.
Rent in london is so high , I moved to Berlin and feeling the difference big time, I enjoy life more with more disposable income and do things I couldn't afford on london !!!