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Clause 5 - Modification or discharge of affordable housing requirements

Part of Growth and Infrastructure Bill – in a Public Bill Committee at 10:30 am on 27th November 2012.

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Photo of Ian Murray Ian Murray Shadow Minister (Business, Innovation and Skills) 10:30 am, 27th November 2012

Would my right hon. Friend be gravely concerned if the test for viability were drawn up in such a way that a developer must make a margin of 25% on any development that they do? Viability would therefore become about profitability, rather than the delivery of homes or affordable homes.