§ 76. Mr. Corfieldasked the Minister of Housing and Local Government whether he is aware that the threat of rent control is already inhibiting developers from proceeding with the provision of accommodation for letting at reasonable rents; and if he will give an assurance that his proposed legislation imposing rent control will allow for revisions of rents to take account of increases in the costs of building and maintenance after such legislation has been passed.
§ Mr. CrossmanAs the hon. Gentleman knows, there is nothing new in the fact that very little accommodation is being provided for letting at reasonable rents by private developers. In considering fresh legislation on rents, I shall bear in mind that costs may rise in the future, but it is too early to say what form the legislation will take.