Part of the debate – in the Senedd at 5:24 pm on 9 March 2022.
Would you work with these local authorities to overcome these challenges?
Now, additionally, we're all aware that there are communities facing local affordability difficulties, and I see this myself in Aberconwy. But I do believe that we need a balanced, proportionate and fair approach when seeking to address the problems facing us. I'll say it again: seeking to target second home owners with punitive taxes and trying to over-regulate the private sector will massively backfire, as will burdening our private landlords with even more regulatory bureaucracy.
Now, as many Members know here, I would like to see the right to buy scheme reintroduced, where, in England, we have seen that, for every house sold, three units can be built. It is a no-brainer. Additionally—[Interruption.] Well, what went wrong here is they sold the houses but they didn't reinvest the money in housing stock. [Interruption.] Additionally, I would like to see the scrapping of the land transaction tax for first-time buyers and raising the threshold to £250,000 to help more families and hard-working people benefit from the security of home ownership. It is regrettable that first-time buyers in England pay no stamp duty up to £300,000, whilst, here in Wales, there is no actual first-time buyer support. In fact, as a result of your lack of support, first-time buyers can pay up to nearly £5,000 more in tax in Wales than they would do in England.
Finally, Minister, we know that the Welsh Government has declared Wales as a safe nation and, indeed, a sanctuary for Ukrainian refugees fleeing a brutal, horrific and unjustifiable conflict. Given the clear housing crisis that we see here in Wales, I suppose I have to ask the question: what assurances can we now provide that the families and individuals that we would all want to welcome into Wales will be provided with safe and appropriate housing so that they too have the opportunity to rebuild their shattered lives and put down roots in our local communities and contribute to our society?
Like it or not, the Welsh Conservatives have a strong and fiscally responsible plan to help people across Wales experience the individual freedom of property ownership. For those forced to live in B&Bs and hotel rooms, for young people unable to get a foot on the ladder, for the developers who simply want to build more homes in Wales, for the construction industry that would like to restore empty properties into liveable homes, I ask you all to support this motion. Diolch yn fawr.