I have listened carefully to my noble friend and there is one important lacuna in what he just said. A lot of social housing is no longer in the hands of local authorities. There are massive housing associations, particularly around London, which have taken local authority housing stock into their hands. I believe that the biggest landlord of social
housing in London now may be the Peabody trust, which owns billions of pounds’ worth of property. Can we be sure that we are not going to just take local authority housing into this and that it will be possible to include other social housing? I think that is very important.