Research Director of the Adam Smith Institute, Sam Bowman, was quoted in the Telegraph, arguing that Labour’s campaign promise to control rents is a “stunningly bad idea.”
Read the full article here.
“Free-market economists criticised the Labour plan.
“Sam Bowman of the Adam Smith Institute said: “Rent control is a stunningly bad idea that could devastate Britain’s cities and clobber renters. To paraphrase the socialist economist Assar Lindbeck: the only thing worse for cities than rent control is bombing them.”