I agree. Such an artificial target or limit is foolish. I remind the Government that the true aspiration is to own. If one way to promote ownership is encouraging part ownership as a bridging point, so be it; but let us remember that that is not the preferred outcome for people. The preferred outcome is to own the whole thing.
When I was a Minister and trying to switch some homes from rentals in the social sector to shared ownership in docklands, the housing professionals advised me that there was no demand for such things and that people wanted the rented accommodation. However, I insisted and some such properties were constructed. I went to see them when they had been sold; I knocked on the first door, completely at random. A charming lady answered and I asked, ““Did you have any problems? Was buying a shared ownership home something you wanted to do?”” She replied, ““Yes, it's really what I wanted to do. I'm very grateful, but I had a problem—they didn't let me buy a big enough share.”” That was a wonderful response from my point of view because all the housing experts were with me and, if looks could kill, that poor lady would have been dead. She was a star because she spoke for the community in docklands, which had exactly the same aspirations as my community in Wokingham, and it was good to play a small part in trying to make those dreams come true.
I am sure that the Government want more such dreams to come true, but they must examine housing finance and stop playing silly politics with planning, in the hope of tripping up the Conservatives. They should sort out the existing housing market in a way that satisfies more dreams and ambitions.
Debate on the Address
Proceeding contribution from
John Redwood
(Conservative)
in the House of Commons on Tuesday, 6 November 2007.
It occurred during Queen's speech debate on Debate on the Address.
About this proceeding contribution
Reference
467 c55-6 Session
2007-08Chamber / Committee
House of Commons chamberLibrarians' tools
Timestamp
2023-12-15 22:59:06 +0000
URI
http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_420533
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_420533
In Solr
https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_420533