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Housing: Long-Term Plan

Part of the debate – in the House of Commons at 5:33 pm on 9th February 2016.

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Photo of Richard Bacon Richard Bacon Conservative, South Norfolk 5:33 pm, 9th February 2016

The word “expensive” is a function of supply and demand, and the word “affordable” is itself deeply laden. If there were enough supply, the price would not be as high relative to income. At present, the average cost of an average dwelling in South Norfolk and in Harlow is about 8.2 times the average income, while in Hertfordshire the average cost is 13.6 times the average income. If we had a market in which supply rose to meet demand, those statistics would not be so out of kilter. That is what we need to fix.

The hon. Member for Westmorland and Lonsdale said that it takes bravery to take the community with you. No, it doesn’t! It does not take bravery to stand up for one’s constituents and say, “I want you, your family and your children and grandchildren to have somewhere to live, and if we make it beautiful and somewhere that people would welcome, the people in your community would welcome it, too.” We have a revolution on its way, and people should get with the programme or get out of the way.