Thank you, Llywydd. I was pleased yesterday to introduce the Abolition of the Right to Buy and Associated Rights (Wales) Bill, together with the explanatory memorandum, to the National Assembly for Wales. Our supply of social housing is under considerable pressure. Between 1 April 1981 and 31 March 2016, 139,100 local authority and housing association homes—that is 45 per cent of the 1981 social housing stock—were sold under the right to buy and right to acquire. The reduction in the stock during that period is forcing many vulnerable people to wait longer for a home today, and according to the Joseph Rowntree Foundation, developing and protecting social housing is one of the best ways in which housing policy can be used to tackle poverty. Given the pressures on social housing and the need to build more homes, the time has come to end the right to buy as one of the ways to address the pressures. As well as abolishing the right to buy, the Bill will encourage social landlords to invest in new social housing, safe in the knowledge that it won’t be at risk of having to be sold after only a few years. The Bill has been developed following consultation on a White Paper in 2015. A wide range of stakeholders, including young people, have also been engaged through workshops. I would like to place on record today my thanks to all who have contributed to the development of that process.