Written Question·Treasury·UIN 33573

Rents: Inflation

Tabled: 25 February 2025

Answered: 4 March 2025

Question

Bell Ribeiro-Addy

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of recent trends in the level of rent inflation on economic growth.

Answer

Emma Reynolds

Rental prices are ultimately determined by the total supply of housing, relative to demand. Affordability of housing has fallen drastically, particularly in major cities, as too few homes have been built. This Government is taking meaningful steps to refo...

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