The ASI's criticism of Labour's pledge to cap rents features in The Daily Mail and The Sun Online
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."