Olivia Bailey

Olivia Bailey

Labour — Reading West and Mid Berkshire

Speaking in the House of Commons on 25 February 2025

Debate

Affordable Rural Housing

Contribution

I am delighted that the hon. Member has had an opportunity to congratulate her council, and I thank her for her intervention. With a lack of supply come skyrocketing house prices. In the five years to 2022, house prices in the countryside increased at close to twice the rate of those in urban areas. We need only look at the nine houses currently for sale in Upper Basildon in my constituency: four are on the market for more than £1.25 million and only one at under half a million pounds. Across the villages in my constituency, there are very few properties available for private rent, and the small number that are available are simply unaffordable for many.

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