Part of Oral Answers to Questions — Environment – in the House of Commons am 12:00 am ar 5 Rhagfyr 1973.
May I reply to the principle raised by the hon. Member? The building of municipal housing out of revenue, which is the implication of the question, would be prohibitively expensive for ratepayers and taxpayers alike, and successive Governments have thought it right for the cost of revenue-earning assets to be spread broadly over their expected life.