Lord Best
Main Page: Lord Best (Crossbench - Life peer)My Lords, it is a matter for the Chancellor whether the cap is lifted on local authority borrowing. It is not something that I can enter into at the moment. Local authorities know their limitations as far as prudential borrowing is concerned at present.
My Lords, does the Minister agree that a very good way of minimising the take of land, while maximising the number of people who are housed, is by building retirement apartments? The people who move into those retirement apartments—which are much better for them—often vacate three-bedroom or four-bedroom houses. Did she note the statistic in the report by the All-Party Parliamentary Group on Housing and Care for Older People last week that 85,000 homes for older people would actually lead to 400,000 people being housed because of the homes that they vacate?
My Lords, first, I congratulate the noble Lord, Lord Best, on the HAPPI 2 report, which introduced these figures. Yes, of course, it would be ideal for older people to have housing that is absolutely suitable to their needs and built especially for them. It would remove the possibility that they are living in family housing that is too big for them and hard to cope with. It is right that those statistics mean that there would be more housing for families under those circumstances.