Member

That is particularly true not only in the financial well-being and governance arrangements but in the housing services that they provide—as well as, going further, the prevention and alleviation of homelessness, which I am sure we all are concerned about, and the management of housing accommodation let under a tenancy. It is not intended to get into every aspect of what a registered provider might do. But, as I say, they have such a special privilege, often being given tens of millions of pounds of assets, if not more, from other places—from councils in the past and under the special arrangement whereby every taxpayer subsidises social housing in one way or another. Whether indirectly in rent or in the capital amounts, the subsidy comes from taxes that other people pay—yet they are some of the most secretive organisations going.