Society, Politics & Law
Why New York-style rent controls would not work in London
...families that can’t afford all their rent, and can’t move somewhere cheaper without compressing their children or losing access to their work. For example, in the UK, housing benefit is one of the largest and fastest-growing welfare expenditures. It exceeds £25 billion a year, despite numerous attempts to rein it in. You can’t do that Although New York’s rent...