Rents in London have risen by a third over the last three years, with tenants paying up to half their income to a landlord, following an exceptional rise in the capital’s population. The high prices of properties and amount of mortgage deposit required have made first time purchase prohibitive for many. There is a need to address the problem because unlike the production of food or clothes, a change in the supply of housing is a slow process; so short-term intervention is justified to mitigate the worst effects of the acute shortage. It is an opportune time to launch a project as political activists will be keen to take up new issues to make an impact before a 2015 General Election.
Aim / vision
To bring to the attention of policy makers in government and the political parties the work of historians, such as Martin Daunton, on how governments in the Twentieth Century dealt with crises in the private letting sector and ways that the disadvantages of regulation could be avoided.
Monitoring and Evaluation
It is recognised that outright success is unlikely, but by no means impossible.
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