Conditions in the private rented sector

Meeting: 
MQT on 2013-10-23
Session date: 
October 23, 2013
Reference: 
2013/3584
Question By: 
Tom Copley
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

Do you think conditions in London's private rented sector are getting better?

Answer

Answer for Conditions in the private rented sector

Answer for Conditions in the private rented sector

Answered By: 
The Mayor

Yes, the most important difficulty that people in the private rented sector face is shortage of accommodation and the cost of rents.  We have had a long discussion already about the problem of the shortage of available housing.  It is perfectly true to say that in the last year the rate of increase in rents has slightly slowed down.  I think rents are now increasing by lower than inflation.  It was up by less than 2% in the last year.  It is very important that we tackle the problem of the difficulties renters face simply by building more.