HC Deb 14 March 1944 vol 398 cc34-5
56. Mr. Mathers

asked the Chancellor of the Exchequer whether he will take steps to prevent the profiteering now going on in house property sales by exacting a financial penalty which will ensure that the exploitation does not profit those who practise it.

Sir J. Anderson

I would refer my hon. Friend to the reply given by the Parliamentary Secretary to the Ministry of Health to the hon. Member for Rugby (Mr. W. J. Brown) on 28th October last, of which I am sending him a copy, from which he will see that the Ministry of Health, in co-operation with other Government Departments concerned, has under examination the general question of the selling price of houses.

Mr. Mathers

In view of the very great difficulty, if not the impossibility, of dealing with this matter by methods of control, does not the right hon. Gentleman realise that a duty is required of him in the public interest to see that this problem, which is assuming very serious dimensions, should be checked?

Sir J. Anderson

If my hon. Friend means that the appropriate method of dealing with this is by the use of the taxation instrument, then, I am afraid, I do not agree.

Lieut.-Colonel Dower

Will my right hon. Friend, when considering the matter, consider also the enforced sales of houses considerably undervalued to meet Death Duties and other tax demands?

Mr. Gallacher

Does not the Chancellor recognise that where you have private enterprise, you always have this sort of thing?

Back to