Housing minister: Labour's rent cap pledge 'ridiculous'

Labour's pledge to introduce a cap on rent prices is a "ridiculous thing to suggest" as it will drive down the quality of property available, according to the Housing Minister.

Kris Hopkins warned "investment and quality" of rented properties had "always fallen" when a cap on the amount of money private landlords could charge was introduced.

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Miliband pledges cap on private rent rises

Labour would cap private sector rent rises, ban letting agents charging tenants fees and introduce three-year tenancies, Ed Miliband will promise as he launches the party's campaign for the European and local elections.