Oireachtas Joint and Select Committees

Tuesday, 4 October 2016

Committee on Budgetary Oversight

Forecasts for Budget 2017: Department of Finance

11:00 am

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

On bottlenecks in the economy, housing provision is a major bottleneck. It affects so many sections of society directly in people being made homeless, in terms of the physical and mental health of individuals but also in terms of foreign direct investment. The less housing capacity there is, the more difficult it will be to attract foreign direct investment and achieve internal growth. There is also the potential for housing issues to have a destabilising effect on the banking system. Has there been any assessment of the effect of such bottlenecks on growth and development?

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