Market VS Planning: is deregulation the answer?

At first glance the recent changes in regulation around Short-Term Letting (STL) and Permitted Development Rights (PDR) may seem to have very little in common. The 2015 Deregulation Act allowed Londoners increasing freedom to rent out all or part of their homes on a short-term basis. PDR alterations mean that it is now possible to convert properties used for office to residential development without planning permission.