Response: PRS investment review

By: Robbie de Santos  Published: March 2012


Shelter supports the premise of the PRS Investment Review - increasing the supply of homes available for private renting is one way of improving standards and affordability in the sector, by potentially increasing competition and diversification in the market. However, it may take significant investment in new stock and improved management to have any bearing on landlord and tenant behaviour across the market.

Summary

Nevertheless, any additional subsidies or incentives geared at encouraging investment in the private rented sector should be focused on particular areas of unmet need and demand. This should have the effect of raising the bar in meeting the needs of different groups of private renters, namely those renting for the longer term and looking for greater stability, and encouraging existing providers to compete along these lines too.

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