Lord Pendry:
To ask Her Majesty's Government what assessment they have made of the merits of
ending the practice of converting homes for social rent into “affordable”
rented housing, in order to tackle (1) affordability issues in the housing
market, and (2) homelessness.
Lord Bourne of
Aberystwyth: Affordable Rent was introduced to maximise taxpayers’ money.
It allows us to build more homes for every pound of Government investment - so
more people in housing need can have access to a good quality home at a
submarket rent.
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