§ 31. Mr. Sydney Irvingasked the Minister of Housing and Local Government and Minister for Welsh Affairs what has been the annual amount in actual and real terms of public investment in housing in each year since 1951; and what percentage of the country's gross national product these represent.
§ Sir K. JosephAs the answer involves a table of figures, I will, with permission, circulate it in the OFFICIAL REPORT.
| Year | Actual prices | Public investment in housing at constant 1958 prices | ||
| Public investment in housing | Gross national product | Column (2) as % of column 3 | ||
| (1) | (2) | (3) | (4) | (5) |
| £m. | £m. | % | £m. | |
| 1951 | 317 | 12,926 | 2.5 | 384 |
| 1952 | 393 | 13,987 | 2.8 | 434 |
| 1953 | 459 | 14,939 | 3.1 | 519 |
| 1954 | 419 | 15,847 | 2.6 | 478 |
| 1955 | 353 | 16,857 | 2.1 | 380 |
| 1956 | 336 | 18,373 | 1.8 | 344 |
| 1957 | 315 | 19,392 | 1.6 | 319 |
| 1958 | 269 | 20,284 | 1.3 | 269 |
| 1959 | 265 | 21,149 | 1.3 | 270 |
| 1960 | 273 | 22,438 | 1.2 | 276 |
| 1961 | 283 | 23,701 | 1.2 | 277 |
| All figures relate to the United Kingdom. |