§ 45. Mr. George Cunninghamasked the Secretary of State for the Environment on what date the present levels of housing cost yardsticks were established ; what is his estimate of the increase in building costs since then ; and what proposals he has for raising the yardstick levels.
§ Mr. ChannonThe cost yardsticks were raised on 1st April this year. The increases provided for future rises in tender prices. We have no positive evidence on changes in tender prices since then to show that another increase is necessary, but we are keeping the situation under close review.