Editor's note: This brief was summarised by The Property AI Team from a report by Property118. Read the original article for full details.
The Institute for Fiscal Studies (IFS) has reported that rent controls are likely to reduce the supply of homes available to tenants and may prompt some landlords to leave the market.
According to the research, private renters spent an average of 28% of their household incomes on housing costs in 2024–25. This compares with just over 11% spent on housing costs across other groups.
The findings are relevant for UK letting agents and inventory clerks, as changes in the supply of rental homes and landlord participation can directly impact the rental market and property management workloads.
Source: Property118