§ 75. Mr. Sparksasked the Chancellor of the Exchequer what consumers' expenditure upon rent was for each year since 1955, to the nearest convenient date.
§ Mr. ErrollIn the four years 1955 to 1958, £534 million, £568 million, £610 million and £739 million, respectively. These figures include the notional rental
144WPayments at the full rate will be made in August.
value of owner-occupied houses, and also reflect the increase in the number of dwellings over these four years.
§ Mr. Frank Allaunasked the Chancellor of the Exchequer if he will state the approximate total of annual incomes from rent today compared with the last year before the increases under the Rent Act came into operation.
§ Mr. Erroll£1,038 million in 1958 and £814 million in 1956. The figures 145W cover rental income from land, dwellings and other buildings and reckoned before providing for depreciation. For dwellings, expenditure on maintenance and repairs has been deducted. The figures are estimated according to the definitions used in the National Income Blue Books. The aggregate figure for 1958 includes rental income from the many new buildings brought into use subsequently to 1956.