Lord Stunell
Main Page: Lord Stunell (Liberal Democrat - Life peer)Department Debates - View all Lord Stunell's debates with the Wales Office
(7 years ago)
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Lord Bourne of Aberystwyth
My Lords, I know that the noble Earl is very expert in this area, so I am sure that that statistic is correct. He is absolutely right that we need to ensure that a good proportion of the property coming on line is for the families that he spoke about—I am sure that that will be the case—and across a range of tenures.
Lord Stunell (LD)
My Lords, the Government’s ambitious target of 300,000 new homes a year will require a doubling of the current production. Does the Minister agree that the huge additional public spending that that will need gives the Government a very powerful hand in driving the long-term investment needed to deliver modern methods of construction, which will improve productivity, allow the industry to flourish and make at least some contribution to replacing the many EU workers being driven out by careless talk of a hard Tory Brexit?
Lord Bourne of Aberystwyth
First, the noble Lord is absolutely right about the need for people from overseas to help with the construction side; that is a point identified by the Government which is being taken up and acted on. In relation to investment opportunities, as I have mentioned already, there is considerable growth in the economy in this area. We have Laing O’Rourke, L&G and Swan producing modular housing in the country at the moment, in Worksop, Leeds and Basildon respectively. In Chatham, we have homes already being built with that type of investment, and over seven sites in London are taking this up. It is right to say there is great potential here, and we intend to ensure that it is used.