ASI report 'Burning Down the House' featured in the Wall Street Journal

The Adam Smith Institute report Burning Down the House was featured in the Wall Street Journal article 'Britain's Bad Housing Bet.'

Read the article here.

"As London's Adam Smith Institute put it in a recent report, "Non-participating taxpayers, in addition to paying for the loans, will have to work against them as the infusion of government liquidity increases competition for limited supplies of land." Translation: The injection of a government subsidy adds demand-side heat to an already boiling market."