Obvs the policy isn’t exactly as described in the Mail - it’s about giving local authorities more power to intervene to address problems caused by current housing problems. For anyone with the energy, these links give background on the issues that are driving the policy, and highlight the absurdity of leaving the market to sort it out.
Over supply of luxury (& ‘ultra luxury’) apartments in London:
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Poor conditions in ‘normal’ rented houses/flats:
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Why just building more won’t solve the crisis:
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Obviously investors aren’t totally stupid, even if there are lots of empty luxury apartments they can invest in student housing:
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Especially as the regulations on student housing are even looser than on standard housing:
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Posted By: Tressells Broadbrush, Jan 28, 17:52:33
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