Short-term lets regulations won’t solve housing crisis
19 February 2024
SUGGESTED
Government and Institutions
Economic Affairs article featured in The Spectator
19 February 2024
Housing and Planning
Matthew Lesh quoted in Guido Fawkes
20 February 2024
Economic Theory
11 November 2024
Commenting on government proposals to allow councils to require planning permission for short-term rentals, Matthew Lesh, Director of Public Policy and Communications at the free market think tank, the Institute of Economic Affairs, said:
“The government is scapegoating holiday lets for the housing crisis. Britain’s restrictive planning system, by not allowing enough homes to be built, is the real reason people cannot afford to live in their own communities.
“A national registration scheme and requiring permission to use one’s own property for holiday lets will not fix anything. But it will add to Britain’s red tape nightmare and could end up doing more damage to local communities by hurting their tourism economy.”
ENDS
Notes to Editors
Contact: media@iea.org.uk / 07763 365520
The mission of the Institute of Economic Affairs is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. The IEA is a registered educational charity and independent of all political parties.
“The government is scapegoating holiday lets for the housing crisis. Britain’s restrictive planning system, by not allowing enough homes to be built, is the real reason people cannot afford to live in their own communities.
“A national registration scheme and requiring permission to use one’s own property for holiday lets will not fix anything. But it will add to Britain’s red tape nightmare and could end up doing more damage to local communities by hurting their tourism economy.”
ENDS
Notes to Editors
Contact: media@iea.org.uk / 07763 365520
The mission of the Institute of Economic Affairs is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. The IEA is a registered educational charity and independent of all political parties.
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