Rent controls not the answer to London’s sky high rent
IEA In Conversation event with Arlene Foster reported by the Daily Mail
Annabel Denham writes for the Daily Express
Dr Kristian Niemietz writes for City AM
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“.
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