Sam Bowman quoted in City AM on housing crisis

Research Director of the Adam Smith Institute, Sam Bowman, was quoted in City AM agreeing with Bank of England Governor, Mark Carney, that the Bank is not in a position to increase housing.

Read the article here.

“The green belt is one example of how legislation is pumping up prices by choking supply. Planning permission is so valuable that a piece of agricultural land that receives planning permission for construction will increase in value by 100 times. ”