From the 23 April 2023 edition of the Bailiwick Express, Jersey Edition, some politicians in Jersey are considering imposing rent control on their community. This might be a big boost to the Isle of Man economy, as humans who want to live in homes may look to shift housing investment to the Isle of Man:
Humans require housing. If you are looking to grow a business with humans, or grow a family with humans, then policies like this are a sign that you should move away from Jersey and come to the Isle of Man.
It is difficult to imagine that Jersey will introduce such a bone-headed policy to harm its own people. But if Jersey does so, the Isle of Man and other jurisdictions have an opportunity to capitalise on such self-inflicted harm.”
OPINION: Why rent control in Jersey could be great for the Isle of Man