Orders of the Day — Land and Housing

Part of the debate – in the House of Commons at 12:00 am on 14th March 1973.

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Photo of Mr Norman Tebbit Mr Norman Tebbit , Epping 12:00 am, 14th March 1973

The hon. Member for Shoreditch and Finsbury (Mr. Ronald Brown), of whom I am very fond, should let his right hon. Friend make his own points.

If we examine the facts we find that average industrial earnings in the London area are £37·86, and the all-industries index is £38·09, or around about £2,000 a year, and that in the past was on a trend rising just as strongly as house prices.