Arthur, Ideology is for students, wafflers and tall, thin, Eurocrats . I deal in the day-to-day practicalities of existence.
So you admit it, you're just a wrench monkey
If it was a good thing for property not to accrue in value, it surely would have happened by now.
The market reflects the existing relationship between supply and demand; it is neither inherently good nor bad.
I don't believe a price cap would be either desirable or practical and I never once said I was. But on the other hand I don't think we should look at house prices going ever higher without considering the wider consequences. Housing is a primary need of all human beings and is not purely a commercial good, so we should be trying to ensure everyone has a secure roof over their head at an affordable price. Is the market providing that at present?
Beyond that, I generally don't have anything more to add to this discussion, other than to state that I'm naturally horrified to be on the same side of the debate as our hero from Richmond.....but in this single case, I believe he is correct (though an admittedly a horrible, rude, cu*nt whilst he goes about being right. 
For God's sake don't flatter him, you know you won't get any thanks.