Rent caps debate garners mixed views on effectiveness
Thursday, April 1, 2021
RNZ
The government has not ruled out attempting to control the country's soaring rents perhaps in the form of rent caps.
Finance Minister Grant Robertson said he could not predict what effect the housing package would have on rents but said the government would act if necessary.
But Opposition leader Judith Collins said caps had never worked.
"The government needs to rule out all together rent caps and they need to actually mean it when they say it," she told
Morning Report.
"We have already a rental shortage. The last thing we should be doing is having fewer people wanting to be landlords or fewer people having places they can rent."