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Housing

Volume 706: debated on Thursday 18 December 2008

Question

Asked by

To ask Her Majesty's Government further to the Written Answer by Baroness Andrews on 19 November (WA 202), and in light of the availability of social housing to rent, why they continue to sell social housing units at a discount. [HL420]

Apart from the social benefits noted in my Answer to the noble Lord's earlier Question on this subject, in Official Report, for 1 October 2007, col. WA 162, sales of social housing generate capital receipts which are available for reinvestment in social housing.