That is a very disappointing statistic, but it reflects the central problem. We either have an assumption, as apparently many Opposition Members do, that housing has to be provided in a top-down way by large housing associations, often with chief executives on bloated salaries in excess of £300,000, or we assume that somehow the volume house builders will make up the difference. There is a wide-eyed astonishment among many people that volume house builders construct housing when, and only when, it is profitable for them to do so. What we actually need is to break open the choice for people—break open the supply if someone wants to get a piece of land and build their own house.
As anyone who is a subscriber to Homebuilding & Renovating magazine will know—and frankly everyone should be—the fact is that people can construct a very decent house, to very high thermal performance standards, which will cost nothing to heat, for £140,000 to £160,000.