Oireachtas Joint and Select Committees
Thursday, 28 April 2016
Committee on Housing and Homelessness
Housing Agency
10:30 am
Mick Wallace (Wexford, Independent) | Oireachtas source
Mr. Skehan is comparing it to other businesses such as Marks & Spencer and how that whole industry which it is involved in works. However, my experience has been that we have a particular problem in Ireland with the profit margin sought by the larger developer. We obviously have a particular problem with the profit sought by the land banker. Mr. Skehan may have heard me say this morning that it is something we have not addressed here. Mr. Skehan's points are very good but, despite the fact that things can be done so much cheaper on scale, we need to look at having some sort of control over the type of profits the large developer is able to commandeer.
No comments