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Thank you, I am most grateful. I congratulate the Government on moving towards more genuinely affordable low rents. We are seeing a swing in the pendulum; I hope that it is just the start of a swing that goes a lot further than it has done so far, but we are now heading in the right direction. Can the Minister impress on his Treasury colleagues that it really is important that rents are low...
My Lords, 99% of the growth of private renting has not been about private landlords building new homes but private landlords buying existing homes, hence the corresponding decline in owner-occupation. May I ask the Minister about the concerns of Generation Rent, which are really about affordability and security—what you pay and how long you can stay in the property? Is there any...
Entered the House of Lords on 26 June 2001
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