Communities and Local Government CommitteeSupplementary written evidence submitted by the East Midlands Property Owners

EMPO is convinced the open market is the best determinant of rent levels. However if government was seeking to re-introduce rent controls as a way to control rent inflation. We would suggest as an alternative option the linking of rents to average earnings. As we believe this option would not lead to a mass exodus of current investors and deter new investment into the PRS which would be the case under rent controls.

May 2013

Prepared 16th July 2013