Rent controls will not deter housing investment, US mega-landlord says

Quick Summary:

But the Charleston, South Carolina-based CEO also warned against policy U-turns.“What institutional investors run away from is uncertainty around regulatory situations.

These large investors own 2 per cent of UK private rental housing, versus 37 per cent in the US, according to Green Street.

He said “absolute caps” on rent — that do not allow for inflation-linked increases — would put off institutional investors and lead them to “underinvest in the asset”.

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Article Details

Author / Journalist: Joshua Oliver

Category: MarketsFinanceInvesting

Markets: United States

Topics: Government Cent Rent Institutional Faith Rental Property Controls Rents Housing Investors

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-15 @ 04:00:30 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 736 words

Reading Time: 5 minutes read

Sentences: 24 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 22509064

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

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Year Established: 1888

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

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