Deputy Director of the Adam Smith Institute Sam Bowman was quoted in The Daily Mail and The Sun Online criticising Labour’s pledge to cap rents from rising above-inflation for the next three years.
From The Daily Mail:
Sam Bowman, of the Adam Smith Institute think-tank, said rent controls were ‘a stunningly bad idea that could clobber renters’.
He said they would give landlords a huge incentive to raise rents at the start of a tenancy, adding: ‘Labour has unwittingly announced a policy that could devastate cities and exacerbate the housing crisis.’
From The Sun Online:
But experts lined up to savage the left-wing idea, claiming it will devastate the rental market and could even lead to higher charges for tenants.
Sam Bowman, of think tank the Adam Smith Institute, said: “Labour has unwittingly announced a policy that could devastate Britain’s cities and exacerbate the housing crisis.”