§ 32. Mr. Deakins
asked the Chancellor of the Exchequer what proportion of total personal wealth is represented by land, other real property, shares, works of art and jewellery, respectively.
§ Mr. Maurice Macmillan
The latest estimates available are based on the estate duty statistics for 1969 and they show that 3 per cent. of total personal wealth is held as land, another 27 per cent. as building with land attached (which include owner-occupied houses) and 22 per cent. as stocks and shares (including shares in property companies). No estimates are available for works of358W art or jewellery but the proportions must be small. Full details are given in Inland Revenue Statistics 1971, table 129.