UK Parliament / Open data

Budget Resolutions and Economic Situation

On that point, the Budget changed the future rental income forecast for social housing from the consumer prices index plus 2%, to minus 1%. The National Housing Federation said that that will reduce housing association revenue by £3.9 billion in this Parliament, and that a conservative estimate suggests a reduction of 27,000 homes being built because of measures in the Budget. How does the Secretary of State begin to justify that?

Type
Proceeding contribution
Reference
598 c602 
Session
2015-16
Chamber / Committee
House of Commons chamber
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