I have grasped the point of my hon. Friend’s intervention. House prices have escalated out of control since the Bill was originated. The reality is that we are dealing with a different situation and a different world from when the Bill was put together. I therefore believe that we should not proceed with the motion today, but call a halt and go back to the drawing board to address the real problems we have heard so much about.
I want to touch on some of the issues that have not been addressed today about the consequences of the Bill. The reality is that there will be so many unintended consequences. I asked questions earlier, which were not answered, about the financial modelling and the financial risks that may arise.