§ 41. Mr. WELLOCK
asked the Minister of Health whether, in case the building 1215 of houses can be expedited under the condition of the reduced subsidy, he can give any guarantee that the price of houses will not be permitted to rise?
I see no reason why the recent reduction in prices should not be maintained, and I should certainly refuse consent to proposals for the erection of houses at prices which appeared to me to be excessive.
§ Mr. WELLOCK
Is it not the case that the fall in the price of houses is due to the fall in the demand and that as soon as the demand increases the prices will go up?
I think the fall in the price of houses is primarily due to the reduction in the subsidy.
§ Mr. AUSTIN HOPKINSON
If the price of houses should show a tendency to rise, will the right hon. Gentleman not knock off a bit more from the subsidy?