Government Housing Policy 2024: Will Labour Destroy Property Owners?

Government Housing Policy 2024: Will the new government, the Labour Party, ruin Great Britain? Are they bringing in so much red tape, rent caps, and tenant eviction bans to the point where it's not going to be profitable to be a landlord? Will everyone sell up, creating a limited supply of houses, everything will be owned by the government, and we end up in a communistic country? Actually, no! There's no evidence for that at all.

In a recent video, I provide all the details as to why I am not worried about the Labour government when it comes to property. If you are a property owner, I highly recommend you watch the full video until the end. You can find the video at the top of this page or on my YouTube channel. In this article, I will give you 3 reasons why I am not concerned about government housing policy 2024. If you find this article useful, please consider sharing it with your friends and family on social media. Let’s get accurate information out to the property investing community.

1. Government Housing Policy 2024: The Renters' Reform Bill

The Renters' Reform Bill is a Bill aimed at bringing in more rights for tenants. They will scrap Section 21, or so-called ‘no fault’ evictions, which will likely be replaced by something else.

Now people are jumping on the bandwagon and saying Labour has just brought this in. No, the Conservatives were bringing this in, and Labour is just continuing the process of bringing in the new Renters' Reform Bill, which, by the way, isn't that bad!

2. Government Housing Policy 2024: Rent Control

In terms of rent caps, I've seen viral videos with hundreds of thousands of views where people are saying Labour said they're going to cap rent. No, they haven't. Now, maybe I'm being ignorant, but I've got some pretty good lawyers, some pretty well-educated political friends, and also, I can research on government websites. They're not saying anything about enforcing rent controls!

Now, Sadiq Khan, who's the Mayor of London, has been talking about trying to bring in rent control in London for many years. I've done full videos about this and why I personally don't think rent caps are a great idea. Years ago, I've had debates on my channel. This is not happening now. This is not new. This is something that Sadiq Khan has been talking about for a very long time.

3. Government Housing Policy 2024: Building Homes

They plan on building 1.5 million new homes in this next term. If they build more houses, what's that going to do? That's going to actually make houses more affordable because everything's about supply and demand.

Now renting property is going to be more affordable. This is actually a really good thing for the average person because rents have been getting out of control. The way to stop rents from getting out of control is not to cap rents because that just distorts the market. It's not to try and control it because now you're messing with a free market.

The way to make houses more affordable is to build more houses, which is smart, makes sense, and is good for everyone. It's good for the country, it's good for the average person. It's also good for me as a property developer. Why? If the government is trying to incentivize the building of more houses, and they need developers to make it happen, then the developers are getting paid!

Regardless of Government Housing Policy 2024, Property Investing Is Profitable

It doesn’t matter what government housing policy 2024 is, property can always be profitable with the correct training! Join me at my next £1 training event!

On the course, you will learn how to:

Become a property investor using other people’s money so that you can get started straight away
Utilise the 5 different types of raised finance so that you know exactly what to offer and when
Find the perfect properties for the BRR strategy
Recycle your money so that you can ‘rinse and repeat’
Build a power team you can trust, so that you can save time and money
And much more!