§ Mr. Tony Banksasked the Secretary of State for the Environment if he will ensure that once the figure for owner occupation within the London Docklands Development Corporation area reaches the average for Inner London, as noted in the London Docklands Development Corporation 1984 corporate plan, the remaining new housing in docklands will be predominately constructed for rent.
§ Sir George Young[pursuant to his reply, 3 June 1985, c. 53]: It is LDDC policy, as stated in its corporate plan, to bring the proportion of local housing that is owner occupied up to at least the average for Inner London. This is, however, a standard for comparison, not an upper limit. The proportion of owner occupation has risen from 5 per cent. when the corporation was established to 15 per cent. and it would be wrong to set an arbitrary limit on this rapid expansion.