Rented Housing

Part of Oral Answers to Questions — Environment – in the House of Commons at 12:00 am on 17th June 1992.

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Photo of George Young George Young Minister (Department of Environment) (Housing) 12:00 am, 17th June 1992

I am interested to hear of the exchange between my hon. Friend and my ministerial colleagues in the Treasury. As he rightly says, the question of tax allowances falls to the Treasury rather than to my Department, but we are anxious to get the private rented sector back on its feet. Last year, for the first time in many decades, there were more lettings in the private rented sector than leases falling in, so there are signs that the private rented sector has bottomed out. I am prepared to consider what further measures should be introduced to encourage more people to invest in good-quality accommodation for rent.