Housing

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

I am grateful for the chance to point out that if one wanted to save money on housing subsidies, as the right hon. Gentleman charges us with wanting to do, the most effective way of doing it would be to encourage council tenants to buy their own homes. I believe that it is statistically accurate to say that if every council house were sold for £2,500, no subsidies would be required.