Quote Originally Posted by marinello59 View Post
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And the National figures? Having already seen an argument on the use of statistics here I don’t really want to go down that line but the national figures show a difference of about 0.5 %. (Google it.) xEven with your figures you can’t blame the small restrictions placed on landlords for the bulk of rent increases for new tenants.

Obviously it’s impossible to tell…I mentioned earlier about the Gordon Knot of interventions and here we have a debate about yet another one!

But none the less to see both of Scotlands biggest cities in the top 3 of rental increases in the whole of the U.K. during a rather moribund period of economic activity is probably somewhat surprising.

Correlation and causation n all that and good luck to anyone trying to prove direct causation to one policy but none the less the weight of evidence on exactly the type of rental controls applied would suggest that yet again they have had a distorting and ultimately opposite effect to their intention.

I’m sure Patrick Harvie and co think they have done a swell job and the link above shows how proud they are ‘leading the way’. Ultimately though to pretend you can control the cost of rents when interest rates have risen at an unprecedented rate to a level not seen for over a decade an a half is just a folly.

Add in an ever more inflationary tax regime (second house stamp duty, removal of tax breaks etc.) its madness to think you can just mandate 0% increases for x time then mandate 3% increase and then suggest you’ll control even more to make sure it’s ‘fair’.

All that happens is you layer more unintended consequences on top of more unintended consequences until guess what you end up in exactly the mess we see before us now.