Oireachtas Joint and Select Committees

Wednesday, 27 November 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance (No. 2) Bill 2013: Committee Stage (Resumed)

2:10 pm

Photo of Brian HayesBrian Hayes (Dublin South West, Fine Gael) | Oireachtas source

Two distinct issues arise in respect of Dublin, one on the commercial side and the other on the residential side. There is no doubt that activity on the residential side has increased and supply issues are emerging. The Chairman's point on how we provide for the family with two or three children will be a key issue, particularly around the capital. On the other side of the equation, however, there is a dramatic oversupply on the commercial side. I recently read a report which calculated that we had 20 times more space on the commercial side than in the United Kingdom on a per capita basis.

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