Part of Orders of the Day — Supply – in the House of Commons at 12:00 am on 21st June 1978.

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Photo of Mr Michael Heseltine Mr Michael Heseltine Shadow Secretary of State, Shadow Secretary of State for Environment 12:00 am, 21st June 1978

If the right hon. Gentleman is looking for an immediate answer, my answer will be different from his. The reason why I personally and my party are preoccupied with enfranchising the council tenants is that we believe that the owner-occupier has achieved a real personal stake in the value of his home. That gives him a degree of power and involvement which has been denied to the council tenant.

Let me give the Secretary of State one statistic. A man who bought an average-priced new house 20 years ago paid £2,500 for it. That house is now worth £13,000. That has opened a gap between the achievement of the owner-occupier and the council tenant that is becoming unbridgeable. That is why I want to give council tenants the right to own their own homes.