§ Mr. R. S. Hudson
asked the Minister of Health on what basis his Department estimates that houses will be able to be let at a net rent of 7s. 6d. a week.
§ Mr. Bevan
The net rent of 7s. 6d. per week is the average rent at which, having regard to the general level of building 61W costs, a local authority should be able to let a house, where under the Housing Bill they get a special Exchequer contribution of £25 I0s. a year for 60 years, and provide an annual rate contribution of £3 a year for 60 years.