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I think that there will always be a need for Housing and Urban Development.

So, we're saying, if we can give developers and builders incentives to cut down on the regulatory barriers that are faced in this country, then we might be able to address the needs of affordable housing.

If the economy grows, housing gets better, quicker.

There are tremendous barriers to building housing. If we could break them down, the need for rent controls would go away.

We've given more resources. On housing, we are now establishing a regional housing pot.

Besides infrastructure, there is a huge opportunity in housing and urbanisation of cities - not only building new ones, but also renewing the infrastructure of old cities to make them more livable. This provides tremendous scope for large investments to fuel growth.

We can build new housing while preserving the quality and character of adjacent residential districts and ensuring infill development strengthens the surrounding neighborhood.

The housing market will get worse before it gets better.

We are making the fundamental changes. It was like the decent housing target. We said by 2010, we'd have taken a million houses and refurbished them into decent housing.

We believe that housing is a power platform to spark great opportunities in people's lives and help them achieve the American dream.