Housing Finance Bill

Part of the debate – in the House of Commons at 12:00 am on 4 May 1972.

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Photo of Mr Frank Allaun Mr Frank Allaun , Salford East 12:00, 4 May 1972

Has not the hon. Gentleman ignored the true reason why it is unfair to apply this system to council rents? The difference between private rents and council rents is that the fair rent fixed for private rents is supposed to include a reasonable profit for the landlord, whereas local authorities have no wish or intention to make a profit out of their tenants.