Housing and Planning Bill - Report (5th Day)

Part of the debate – in the House of Lords at 7:30 pm on 25th April 2016.

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Photo of Lord Campbell-Savours Lord Campbell-Savours Labour 7:30 pm, 25th April 2016

Can the noble Earl answer the simple question that I asked? Why should a landowner whose land is worth between £15,000 and £20,000 a hectare suddenly, at the stroke of a pen designating one of these areas, find that his land can be worth anything from £1 million to £7 million per hectare? How can that possibly be justified?