RE:UK reaction to Government ruling out rent controls

Following confirmation from Housing Secretary Angela Rayner MP that the Government will not introduce rent controls, RE:UK said:

“Today's confirmation from the Housing Secretary that the Government will not introduce rent controls is excellent news for the housing sector.
 
"RE:UK has consistently made the case and will continue to make the case, against rent controls, and most recently to the incoming Prime Minister, Chancellor and Housing Secretary, and we welcome that fact that Ministers have heeded our warnings about the harm they could cause to new homes and the jobs and economic benefits they bring. Improving affordability must remain the priority, but the answer is increasing the supply of homes, not introducing measures that risk deterring the investment needed to deliver them.
 
"The UK's housing challenge is fundamentally one of undersupply. The focus should therefore be on the policies that unlock viability, attract investment and accelerate delivery.
 
We welcome the clarity provided today and look forward to continuing to work with Government on solutions that support the delivery of more homes across the country."