Labour promises stamp duty reprieve for first-time buyers on homes worth up to £300,000

The Labour leader has announced that as British Prime Minister he would prevent those letting out their properties from increasing rents above the rate of inflation (which means a price freeze, since inflation is now zero). When reporting this numerous papers have quoted Assar Lindbeck, IFN and Stockholm University, saying that "Rent control appears to be the most efficient technique presently known to destroy a city, except for bombing."

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