The Curious Case of Rent Controls and Corporate Layoffs: A Comedy of Errors
The Curious Case of Rent Controls and Corporate Layoffs: A Comedy of Errors London, England In a world where rent control has become the hottest topic since someone decided to put pineapple on pizza, the English Parliament has voted to cap advanced rent payments as part of the much-debated Renters’ Rights Bill. While MPs revel in what they believe is a step towards housing justice, little do they know that a corporate giant is preparing to shed 3,600 jobs — a move that might leave some of these newly empowered renters without a paycheck to afford their now-cheaper rent....