The Scottish Government recently released a report on the potential impact of rent controls on the supply of new homes. The report, known as the Strategic Planning Futures (SPF) report, was commissioned to assess the impact of rent controls on the housing market in Scotland.
The report found that rent controls could have a significant impact on the supply of new homes in Scotland. It found that rent controls could reduce the incentive for developers to build new homes, leading to a decrease in the number of new homes being built. This could have a negative impact on the housing market in Scotland, as there would be less homes available for people to rent or buy.
The report also found that rent controls could lead to an increase in the cost of renting in Scotland. This could make it more difficult for people on lower incomes to find affordable housing. The report also suggested that rent controls could lead to a decrease in the quality of rental properties, as landlords may be less likely to invest in improving their properties if they are unable to increase rents.
The report concluded that rent controls could have a significant impact on the housing market in Scotland and that further research is needed to assess the potential impact of rent controls on the supply of new homes. The Scottish Government is currently considering the findings of the report and will decide whether or not to introduce rent controls in Scotland.
Overall, the SPF report highlights the potential impact of rent controls on the supply of new homes in Scotland. It is important for the Scottish Government to consider the findings of this report when deciding whether or not to introduce rent controls in Scotland.