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What is a starter home?

Part of Housing and Planning Bill – in the House of Commons at 7:45 pm on 3rd May 2016.

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Photo of Bob Blackman Bob Blackman Conservative, Harrow East 7:45 pm, 3rd May 2016

Is not one problem in this debate that a property will be sold for a certain value—the open-market value less the discount—but that the cost of building a home is normally much less? That great benefit could be used for new housing.