What's an "area at the lower end of the income scale"? I know you're abroad but the areas we're talking about now have £400,000 flats. Brunswick Road, 5 mins walk from ER. Colonies in Abbeyhill now going for over £350,000. Prices being pushed up by unmanaged population growth creating demand. Lack of control of development, short term letting (income that is tax free for those letting out the homes up to a fairly high limit) all accelerating the process.
It's hard to say for sure, bud.
The reality is that comparing the Scottish or British housing market to the Dutch is a bit like apples and oranges, because the markets are regulated totally differently. Here in the Netherlands, for example, there are rent controls that stop the crooked pocketing of worker's wages (£650 to £700 is the average rent in Scotland), and any property owned after the first is considered wealth and, therefore, taxed.
Additionally, there are regulations that stop short-term lets in certain residential areas. Maastricht, as a prime example, doesn't allow short-term lets in its main residential areas at all; and for some of the reasons we've listed.
The problem I have with what Wightman's suggesting isn't that I don't think regulation is the solution, just that
this regulation isn't. Giving councils the opportunity to disagree is going to meet with, in my view, disappointment for increasingly ripped-off rental tenants.
It can't continue to go unregulated. Or we face the communities in a 2 mile radius of the city being full of students, transient workers, weekend stag party goers and not much more. Meanwhile, the knock on effect will be those selling their homes to escape/cash in moving further out to get cheaper housing...but pushing those prices up in the process and knocking on the housing problems to the wider communities.
There are already parts of central Edinburgh that are more campuses than they are residential areas. It's fucking sad.
But I think the solution is probably much wider ranging than we're talking about here. For example, I can't understand why major population centres aren't looking into rent controls (which you can't really do in England), better established regulation for short-term lets, and the development of micro-housing.
I suppose it depends on what problem you're trying to solve.