Land and House Prices

Part of Oral Answers to Questions — Environment – in the House of Commons at 12:00 am on 5 July 1972.

Alert me about debates like this

Photo of Mr Julian Amery Mr Julian Amery , Brighton, Pavilion 12:00, 5 July 1972

I never suggested or advocated that we should increase the deposit so as to reduce house purchase demand. I said exactly the opposite: that I would have nothing to do with such a policy. A few minutes ago I pointed out that it would be easy to stabilise house prices by doing just that but that it would deprive people who could not afford the deposit or could not afford a short repayment period of the chance of getting a home, and I would have nothing whatever to do with it.