Jason Phillips’ experience with bidding wars highlights the frustrating reality many renters face: despite his qualifications and effort, competition can drive prices beyond reach.
The proposals under the new Renters' Rights Bill aim to eliminate bidding wars, requiring landlords to set and publish an asking rent that cannot be exceeded.
Housing campaigners emphasize that banning bidding wars is only a part of the solution; broader measures are necessary to address the root of unaffordable rents.
The competitive rental market leads to situations where individuals like Jason feel compelled to overbid or relocate, significantly altering their living situations.
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