Southwark Council has called for an immediate ban on "bidding wars" over rental properties, saying the practice worsens the housing crisis and exploits renters.
Labour councillor Sam Foster stated that "the broken housing market has been stacked against renters for a long time" and emphasized the urgent need to end exploitative practices.
ACORN Southwark supports the council's motion, arguing that it will strengthen protections for renters amidst a housing crisis exacerbated by high rents and cost-of-living pressures.
The upcoming Renters' Rights Bill aims to formally ban bidding wars, which campaigners believe is essential for fairer housing practices in London.
Collection
[
|
...
]