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What is a starter home?

Part of Housing and Planning Bill – in the House of Commons at 5:30 pm on 3rd May 2016.

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Photo of Karen Buck Karen Buck Labour, Westminster North 5:30 pm, 3rd May 2016

We need a policy to fit all parts of the country, including London. In inner London, however, starter homes will come in at £450,000. We have to speak the language of priorities. Is the Minister really telling us that a home that requires an income of £77,000 a year—more than an MP’s salary—is genuinely the best priority for public funds?