Land Prices

Part of Oral Answers to Questions — Wales – in the House of Commons at 12:00 am on 19th March 1973.

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Photo of Mr Alec Jones Mr Alec Jones , Rhondda West 12:00 am, 19th March 1973

Is the hon. Gentleman aware that these unwarranted and unjustified increases in land prices in Wales are having a serious effect upon leasehold enfranchisement and that constituents of mine who were offered the freehold of their homes for £200 in November are now having that offer withdrawn and a substitute offer of £400 instead? This is a 100 per cent. increase in leasehold enfranchisement costs in less than four months. How can any Government reasonably expect workers to accept wage restraint on the one hand and this ruthless exploitation on the other?