Maltas spiraling rental market to get regulated

17 NGOs says rental prices hitting vulnerable groups the hardest

A rental registry, tax incentives for long lets, and price hike brackets tied to cost of living adjustments are among the rent regulation proposals put forward by a coalition of 17 NGOs.

“Malta has almost no regulation in the rental market, and the law of the jungle currently applies. This is forcing many tenants to lead precarious lives, with only temporary roofs over their head and no place to call home,” the coalition said at a press conference on Saturday.

In a 12-page document, the NGOs argue that “skyrocketing” rental prices over the last few years have been hitting vulnerable groups the hardest.

See full article: https://www.timesofmalta.com/articles/view/20180224/local/proposals-to-regularise-spiralling-rental-market.671583