London Rent Prices Soar 32% in Five Years: Is a Rent Cap the Answer?

Rent prices in London have skyrocketed by an average of 32% over the past five years, with some areas seeing increases of over 50%. While London Mayor Sadiq Khan advocates for a rent cap, Labour has yet to fully commit, raising concerns about potential impacts on rental supply. Experts weigh in on the reasons behind the dramatic increases and the potential consequences of a rent cap.

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