Landlords in the capital already have lower yields than those elsewhere. Who is going to choose to build homes to rent if there is no return on investment?
Posts Tagged: Price controls
Rachel Wolf: On policy, it’s not the Independent Group that’s driven to the margins. It’s the Conservative Right.
The new group’s platform is not very inspiring. But its biggest problem is it they won’t be very different from the Conservatives’.
Let’s not set the prices, but instead the gap between the ultra-competitive deals for switchers and the tariffs for loyal customers.
What’s more, to have any effect it would need to be part of a broader suite of interventionist policies – territory where Conservatives’ can never out-socialist Labour.
The energy networks receive a lot less scrutiny than the ‘Big Six’, but they’re natural monopolies extracting unjustifiable profits and must be reformed.
It backed nationalisation in the ’40s. It opposed Thatcher’s economic policy in the ’80s. It supported the Euro in the ’90s. And now it wants Single Market membership.
They want a market that lines their pockets at the expense of the overwhelming majority of their customers.
Ryan Bourne: Price controls cause shortages, queues, overcrowding, underinvestment and unemployment. And they’re back.
They seem to be more back in vogue with all political parties than at any time since the 1970s.