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Successful caps on English letting agents’ fees disprove the idea that it’s unwise to meddle with free markets

By Jan David Bakker, Assistant Professor of Economics, Bocconi University
Nikhil Datta, Assistant Professor, Economics, University of Warwick

Many feared that the Tenant Fees Act 2019 would drive up rental fees, but it has saved renters an average of £400 per tenancy.

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