Research Director of the Adam Smith Institute, Sam Bowman, was quoted in a Telegraph article, commenting on the out-of-control housing market in London.
Read the article here.
Others were more blunt. “This is a disaster – the housing market is out of control, particularly in London, making housing increasingly unaffordable for many people,” said Sam Bowman, research director at the Adam Smith Institute.
“Rising house prices are nice if you own your own home and are planning on downsizing or want to leave your house to your children, but if you want to get onto the property ladder or move to a larger home, say, to start a family, the price rises revealed by [yesterday’s] news are devastating.”