Rent controls

The housing crisis in the UK has become characterised by a severe shortage of supply, record homelessness and soaring rents. Consecutive governments (both Labour and Conservative) have failed to solve many of the issues due to a lack of concerted effort to analyse beyond the headline issues and come up with solutions which favour the free market – this is precisely what aim to do in this article. I will be focusing on three of these deeper issues: Planning restrictions Planning restrictions severely constrain housing supply, creating structural deficits that drive up property prices. In the UK, restrictive land designations…