Transport for London Bill [Lords]: Revival

Will my hon. Friend accept as an example what happens now in the private rented sector, as opposed to the possibilities we might have had under a social housing deal? An income of £75,000 is needed for a household to rent in Finsbury Park. This is not Chelsea: in Finsbury Park, a family with three children wanting to rent in the private sector needs an annual income of £75,000. Is not that why we have such a desperate need for affordable homes? TfL has proved severely wanting as regards the Earls Court scheme and other schemes and that is why we are so desperate to stay in the Chamber at this late hour debating this important matter.