Rory Hearne

speaker
352 appearances 4 recordings 3 series first heard Dec 2025 last heard 24 Aug

Rory Hearne’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 4 in all, peaking in Aug 2026 with 1.

Appearances

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Give VAT cuts.
Allow a corporation tax deduction.
And the total sum per apartment we're giving is 160,000.
160,000 per apartment.
Because this is the supply we need to get.
This is where we're going to get the increased supply.
And this is what we're at.
Sorry, on top of that, they're removing the market rent cap that was in place between tenancies.
So now, and every six years for every new tenancy, the rent could be reset to market rent.
They own thousands and thousands, I think.
And that's a known phenomenon, economic model approach that these international investors use internationally.
London is one of the most famous examples where the units lie empty because actually the real income is not from rent.
it's from the increase in the asset value over time.
And what that's doing to the companies, the wealth funds, they're earning their income off that and then sell it.
The other thing is there's a loophole in the rental laws whereby if you leave your property vacant for two years, you can reset it to the market rent.
So they could also be doing that.
Many of them would leave properties lie empty and therefore they can then increase it to the rent.
So there's this kind of incentivized vacancy as well within policy.
Yeah.
What's interesting in this, politically, and we'll move on, actually I want to ask you one question before we finish on the housing thing and then we'll go political, is that the political consequences of this
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