The SNP’s housing minister has refuted claims that the government’s rent cap policy is exacerbating Scotland’s housing crisis. Paul McLennan denied claims the rent cap is driving up prices and reducing supply in Scotland. Scottish ministers introduced a 3% cap on private sector tenancies in October last year to help with the cost-of-living crisis, and it is due to run until at least March 2024. Supply and demandOn BBC Scotland’s Sunday Show, Mr McLennan defended the government’s rent cap policy. In a fiery exchange, the presenter said: “Your rental policy as well-intentioned as it might have been has cooked the market.

Source: The Times November 07, 2023 12:08 UTC