The report on housing associations was published as a contribution to public discussion on the future of voluntary housing. I wish to hear the views of associations and others concerned before coming to any final conclusions.
I thank my right hon. Friend for that reply. May I ask him whether his Department's review will take into consideration a matter which is causing grave concern to housing associations; namely, the high interest rates for borrowing money? Is there any hope that housing associations will find themselves better placed in that respect in the near future?
Would my right hon. Friend agree that if housing associations are to make a substantial contribution to relieving homelessness in great conurbations, there may be a case for local authorities making land available to them at something below the cost of acquisition and demolition? Has my right hon. Friend made a study of how that might be done, and, if so, has he come to any conclusions?