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Volume 974: debated on Sunday 11 November 1979

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asked the Secretary of State for the Environment whether, in view of the fact that building societies have increased their share of British residents' sterling deposits from 20 per cent. in 1962 to 41 per cent. in 1978, he will broaden the terms of reference of the committee which he has set up to examine ways of securing an adequate and a stable flow of funds to include a study of the financial and economic impact of devoting an increasing proportion of national resources to housing.

No. The allocation of national resources to housing raises broad issues of Government policy which it would be inappropriate for this committee to examine.