HC Deb 07 July 1970 vol 803 c21W
43. Mr. Frank Allaun

asked the Minister of Housing and Local Government what is his estimate of the cost to a local authority of a council flat costing £4,000 to build after interest has been paid for 60 years at the current Public Work Loan Board rate, and of the cost after interest for 60 years at the subsidised rate of 4 per cent.; and what these sums mean in terms of weekly rent.

Mr. Channon

I have no information which is not available to the hon. Member for making this hypothetical calculation, which appears to me to have no practical significance.