---

Housing and Regeneration Bill

My hon. Friend makes an important point. If one simply cuts stamp duty and does not build more homes, at a time when supply is limited all that happens is that prices go up, and home buyers are no better off. It is important that we recognise the real pressures that people face. That is why building more shared-ownership homes offers a huge opportunity. We are funding 25,000 more shared-ownership homes through the Housing Corporation next year, but we want to go further—through local housing companies and other programmes.