Rebecca Moynihan (Labour) | Oireachtas source

I thank the witnesses for their comprehensive presentations. I will run through my questions quickly. Mr. Doyle made some very interesting points on developments that were priced in 2018 and 2019 being impacted by inflationary costs and pressures. I am aware of some social housing projects that were priced and have not gone ahead. Essentially, the developers involved have pulled out because they cannot afford to build. Does Mr. Doyle have indicative figures or lists of developments where this is happening? Does he have the number of developments and social housing units impacted? I am aware of one case in Dún Laoghaire where the builder pulled out.

Both witnesses identified that this goes beyond the inflationary costs of construction and I am interested in teasing this out. It goes more into cash flow and financing. This is something arising for builders, developers and home buyers. Do people have access to money? They could afford to pay back loans but they are not able to get them. Builders are having cash flow problems. Developers feel that the risks involved in certain developments are too high. What changes would the witnesses make? What proposals do they have on financing and cash flow to free up these blockages and problems?

To come back to the costs arising from connections, especially Irish Water connections, is there a particular problem or blockage that Mr. Doyle can identify? Are the costs associated with it prohibitive? Ms Hegarty made some interesting points on house price increases and the regulatory impact. I went to the links in the footnotes to see if I could click into them. Will Ms Hegarty send them to me? There are quite a number of footnotes in her submission. It would be handy to be able to click on the links to get an idea of the context of where they are coming from.