Clause 163

Part of Finance (No. 2) Bill – in a Public Bill Committee at 12:30 pm on 20 June 2006.

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Photo of Julia Goldsworthy Julia Goldsworthy Shadow Chief Secretary To the Treasury, Treasury 12:30, 20 June 2006

I represent a constituency in Cornwall, which is the poorest county in England. In some parts of Cornwall, house prices are up to 10 times average income, which is often 20 per cent. below the national average. In such places, there is real inequality, and great difficulty in getting a foot on the housing ladder. The problem of access to the housing market is not just in the south-east, and does not just affect  people with poorer incomes who live where house prices are lower. The increase does not resolve that issue.