(8 months ago)
Lords ChamberI agree with my noble friend’s comments. We are genuinely committed to supporting home ownership, especially for first-time buyers, no matter how they get on the housing ladder.
Surely the point is that a Labour Government created the right to buy, and all the work was done under a Labour Government, and then it was implemented by the Tories, but they cut it in half and did not allow the replacement of social housing, meaning that we have the present crisis that we have.
I am afraid that is not my understanding of what has happened historically, and I understand that some Members of this House may have been involved in setting up the original scheme.