§ 69. Mr. McKINLAYasked the Minister of Health why his Department has informed the Twickenham Corporation that they must not sell houses which they desire to build to sell to tenant purchasers at about £550 each, and for which tenders have been received, at the prices at which the houses can be built, as this would undercut the private builder, but that they must make a profit of £100 on each house so as to bring prices up to the level of the houses being erected in the borough by private enterprise; and whether it is the policy of His Majesty's Government to keep the price of houses at an artificial level, discouraging local authorities from providing cheap houses?
§ Mr. GREENWOODThe question of the price at which I can authorise the sale of these houses is still a matter of negotiation, but I am bound by the requirement of Section 59 (3) of the Housing Act, 1925, that any such houses shall be sold at the best price that can reasonably be obtained, having regard to any condition imposed.