I do not have any regard to these artificial, expired administrative boundaries. Lincolnshire enjoys a proud identity, and my hon. Friend is a big champion of it.
In only six years the Government have managed to take away £100 million from Waltham Forest Council, which, funnily enough, happens to be Labour. How does the Secretary of State think that has assisted local services?
In their representations, councils across the country, and groups such as the Institute for Fiscal Studies, have reflected that this is a better way to allocate resources, and councils will see it as a fairer means.
The impact of the policy will be to extend the aspiration of people across this country to own their own home, because 86% of people want to do so, and there is no difference between the aspirations of housing association tenants, council tenants and people who own their own home. That is the impact we are achieving through the policy.
Does the Secretary of State expect the replacement of housing association homes that are sold off to be the same as, above or below the rate for council homes previously sold off?
As my hon. Friend the Minister for Housing and Planning made clear, the requirement will be one-for-one replacement. With regard to council house sales, replacement of more than one for one has already been achieved for the first year.