rents are driven by mortgage rates now - what the fuck.
I can just hear those fucking thatcherites and blairites shitting out their free market rhetoric all over the place.
still, people keep voting for it, so it must be working for the upper middle .
That's normal. When it gets more expensive to buy, more people are forced into renting, which increases demand for rentals, which increases the price of rentals.
Rent control is how many societies and communities deal with it.