(6 years, 5 months ago)
Lords ChamberMy Lords, the noble Lord has done a massive amount in this area. I acknowledge that a lot of my life is spent arguing with the Treasury about various issues, as he can imagine, but I would impress on him that when rent controls were in place, we had a far less vibrant rental market than we do now. We would not want to go back to that sort of control.
My Lords, will the noble Lord answer my noble friend’s question? The inheritance of council stock in 1997 was so bad that the resources of the Labour Government had to be put into restoring them to anywhere like living capacity.
I would not acknowledge that. I acknowledge that work was done on that basis but I do not think that the Labour Party or Labour Government should get off the hook on their deplorable record of council house building in that period.