Housing: Market Stability — Question

Part of the debate – in the House of Lords at 2:45 pm on 23rd May 2011.

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Photo of Baroness Hanham Baroness Hanham The Parliamentary Under-Secretary of State for Communities and Local Government 2:45 pm, 23rd May 2011

My Lords, I would agree with that and I do not think that this Government are doing anything to stop renting in any way. We have encouraged the private rented sector, which is a very important part of housing in this country. As noble Lords know, we are introducing the affordable rent for housing, which will also assist people. We have already put £6.5 billion into the development of new affordable homes over the CSR review period. The Government are doing a lot to ensure that more housing will be made available and coming on stream.