Housing and Planning

Rent controls not the answer to London’s sky high rent


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Dr Kristian Niemietz writes for City AM

In a debate column for City AM, IEA Head of Political Economy Dr Kristian Niemietz argued against the introduction of rent controls in London.

Kristian explained that high rental prices are a product of the scarcity of property- high demand but low supply increases prices.

Kristian said: “Rent controls are a lot like socialism. Both have been tried dozens of times. Both have ended in failure every single time“.

Read the full article here.



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