Short-term Lets: Regulation
Debate between Florence Eshalomi and Rachel Blake(2 months, 1 week ago)
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Rachel Blake
I agree, and the work that my hon. Friend has done to research the impact on the private rented sector is really helpful. I hope that we will continue that work together.
If I may relate this debate to wider business in the House, it is incredibly welcome to be conducting this debate the day after the introduction of the Renters’ Rights Bill. I warmly welcome the Minister here, and I congratulate her and the wider team on the speed with which they have brought forward legislation that will improve the lives of millions of people.
Florence Eshalomi (Vauxhall and Camberwell Green) (Lab/Co-op)
I congratulate my hon. Friend on securing this important debate. She highlighted the Renters’ Rights Bill, which is a welcome piece of legislation. We want to give security to renters. Is it not right that as well as security for renters, we should also have security and high safety standards for tenants in short-term lets, and people who actually pay their business rates and VAT as part of their operation?
Rachel Blake
I am glad that my hon. Friend raises that issue, which is twofold. First, it is about a level playing field with other types of business. Secondly, it is about safety for the consumer. I hope that we will have a chance to explore those issues.
There are 27,798 private renters in the Cities of London and Westminster, all of whom will be better off thanks to this Government. The Renters’ Rights Bill demonstrates that the Government are taking the housing crisis seriously, and I look forward to working with my hon. Friend and other colleagues on it as it makes progress through the House.
I think we would largely agree that platforms like Airbnb are not inherently a bad thing. I imagine that many in this room use Airbnb or similar services when we go on holiday, but we cannot deny that this has changed from being a peer-to-peer marketplace to something much broader. What started out as a way to make additional income from a spare room has become a significant cause of the decline in the number of homes available for local residents.