Governments are dumb about property

I have recently started a series of interviews with leading figures in the property world for a new specialist publication The Property Chronicle. This month’s subject is David Lewis, a well-known property developer whose interests over a 40-year career included three listed companies and a range of private ventures. He looks back on his highs and lows, gives his views on current market valuations and expounds on his view that Governments rarely make a success of their interventions in the property market.  The first interview in the series was with Professor Andrew Baum of Oxford University, a leading property academic (yes there are such things) and a pioneer in property market research. He also has a fair bit to say about the challenges of valuing property in a low interest rate world.


Governments understand very little about property