Oireachtas Joint and Select Committees
Thursday, 13 April 2017
Committee on Budgetary Oversight
Stability Programme Update: Minister for Finance
2:00 pm
John Lahart (Dublin South West, Fianna Fail) | Oireachtas source
I do not want to get bogged down in this but when I mentioned supply side measures I was thinking of the figures released by the Construction Industry Federation, CIF, which contribute to the average house price in Dublin, the levy of almost €12,000 per house, which would be approximately €320,000 or €330,000, the site costs of €57,500 per house, the finance cost of €20,000, the value added tax, VAT, of €39,000. I was thinking of those costs. I do not want to get into that with the Minister now but he is going to get into it with me I can tell. It is coming up to Good Friday and sackcloth and ashes.
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