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LANDLORDS may be forced to lease residential properties for an open-ended term and be banned from implementing above-inflation rent increases if a proposition lodged by the former Housing Minister succeeds.
Senator Sam Mézec. Picture: ROB CURRIE. (30576261)
As part of the proposals, which Senator Sam Mézec says are designed to address the Island’s ‘broken’ housing market, a tribunal-style board would also be set up to enable tenants to challenge proposed rent price increases. Meanwhile, the maximum amount of rent that could be charged for social housing could drop from 90% of the market value to 80%.
Speaking after lodging the proposition, Senator Mézec said he had been forced to bring forward the proposals as the Chief Minister had previously ‘failed to do so’. And he also criticised Senator John Le Fondré for failing to publish the findings of the Housing Policy Development Board, claiming that its report had ‘spent six months sat on a shelf gatherin
Wednesday April 7, 2021, 1:35 PM
Above inflation rent rises could be banned and rents for social housing could also be cut to 80% of the market rate, in a new move from Jersey politicians. Credit: PA Images
Above inflation rent rises could be banned and rents for social housing could also be cut to 80% of the market rate, in a new move from Jersey politicians.
Former Housing Minister and Reform Jersey leader, Senator Sam Mezec has asked the States to declare a housing affordability crisis and bring in measures to address the cost of rented properties.
He put forward the following proposals, saying house prices are out of control and the system favours investors over individuals:
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