The noble Baroness makes a very interesting point, but the problem is that construction costs are not as widely differentiated as land costs. This means that an area with a low level of levy will not be able to build an equivalent number of homes to an area with a high levy. The mismatch between costs and income will be the problem.
Levelling-up and Regeneration Bill
Proceeding contribution from
Lord Stunell
(Liberal Democrat)
in the House of Lords on Thursday, 18 May 2023.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Levelling-up and Regeneration Bill.
Type
Proceeding contribution
Reference
830 c421
Session
2022-23
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2023-07-21 11:03:27 +0100
URI
http://hansard.intranet.data.parliament.uk/Lords/2023-05-18/23051835000035
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