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Current local government finances and the impact on local communities – Lord Shipley.
My Lords, I pay tribute to the enormous contribution that the noble Lord, Lord Young of Cookham, has made to the cause of housing over so many years. I jotted down a number of things that he said, and I will mention the top three in order of importance. First, watch the Treasury like a hawk. For issues such as how you convert the very high amount paid to the private rented sector in housing...
The noble Lord is absolutely correct, but the Government, through deliberate policy over the last few years, have been increasing the number of overseas students. The result is that there are more coming in than going out. Statistically, the number is currently in decline, as we were told in a debate a few days ago, so I think he needs to take a slightly longer-term view. As the noble...
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Entered the House of Lords on 15 July 2010
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