§ Mr. Skeetasked the Chancellor of the Exchequer what would be the value of the average size newly-built house in England on the basis of a 10 per cent. 15 per cent., and 20 per cent. inflation per annum at the end of a 10-year period.
§ Mr. KaufmanI have been asked to reply.
The factors likely to influence house prices are highly complex. A calculation of the type requested would thus be valueless.