Oireachtas Joint and Select Committees

Thursday, 12 May 2016

Committee on Housing and Homelessness

National Asset Management Agency

10:30 am

Photo of Ruth CoppingerRuth Coppinger (Dublin West, Anti-Austerity Alliance) | Oireachtas source

Yes, exactly. The reason I raise this figure is because I am a little sick of hearing about starter homes that NAMA is allegedly delivering all over the country where demand is clear or where demand is greatest, as the witness said in his presentation. There is great demand in Dublin 15 where we have a massive housing crisis. However, there are two NAMA housing estates which are building on rare land that is left in the area; Hamilton Park and Diswellstown Manor have NAMA involvement. The minimum price of those three bedroom units is €410,000 and €395,000. I checked the prices two days ago, if they have changed then Mr. McDonagh could let me know. Can the witness explain how these are starter homes and how they are ever going to get into the hands of the people who need them? They will not. With regard to NAMA's delivery of social housing, Mr. McDonagh says that the totality of vacant housing stock inherited by NAMA was passed over for social housing. However, Mr. Daly says it was 14,000 empty houses.

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