Landlord Lobby Wants More Tax Breaks

Landlord Lobby Wants More Tax Breaks

Landlord lobbyists are pressing hard to remove the limited government ban on eviction and to get more tax breaks.

A report from the National Economic Social Council which calls for tax breaks for long-term leases is music to their ears.

Landlords have been jacking up rents by 14% on average last year. So giving them more ‘incentives’ is not the answer to the housing crisis.

A younger generation are now trapped in a rent hell. Stark figures show that the share of 25-34 year olds who own their own home more than halved between 2004 and 2019, falling from 60% to just 27%.

Instead of more sweeteners for landlords, we need
• To extend a full ban on eviction for at least two years or until the housing crisis is resolved.
• Introduce strict rent controls that allow tenants to apply for rent reductions.
• Set up a not-for-profit state company and build social and affordable housing on public land.
• Take the land banks which speculators have accumulated into public control and use them to build housing.