Housing

Debate between John Healey and Helen Goodman

Tuesday 15th December 2015 Commons Chamber

[John Healey]

The hon. Lady raises an interesting point. If she looks at the Homes and Communities Agency data, they will confirm—as my hon. Friend the Member for Sheffield South East (Mr Betts), a member of the Select Committee, said at DCLG questions yesterday—that more than eight in 10 of the social homes and council homes built under the hon. Lady’s Government over the last five years were started and funded under the Labour programme.

[Helen Goodman (Bishop Auckland) (Lab)]

Before my right hon. Friend moves on from the point about speculation, is he aware that the largest amount of foreign money coming into the London property market is from Russia and the average price Russians pay is £6.3 million?

[John Healey]

That detail had escaped me, but I am very grateful to my hon. Friend for mentioning it.