Oireachtas Joint and Select Committees
Thursday, 28 April 2016
Committee on Housing and Homelessness
Minister for the Environment, Community and Local Government
10:30 am
Ruth Coppinger (Dublin West, Anti-Austerity Alliance) | Oireachtas source
It concerns the investment strike of capital among private developers. The chief executive officer of NAMA referred to developers not being happy with a profit of €20,000 to €40,000 on a house that they might build in Dublin. Relying on the private sector to resolve the housing crisis will not work and the Minister has said that developers are hoarding land. Will he accept that the role of the Government has to be much larger than was ever envisaged before?
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