Gross National Product (Expenditure)

Part of Oral Answers to Questions — Housing – in the House of Commons at 12:00 am on 9 June 1964.

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Photo of Sir Keith Joseph Sir Keith Joseph , Leeds North East 12:00, 9 June 1964

On present estimates, in 1964 about 4 per cent. of the gross national product will be spent on new housing, which is about the same percentage as 1954, when the right hon. Member for Huyton (Mr. H. Wilson) said that too many houses were being built.