Oireachtas Joint and Select Committees
Thursday, 20 September 2018
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Home Building Finance Ireland Bill 2018: Committee Stage
10:20 am
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
That is certainly what Mr. Mel Reynolds is arguing. He is correct, even as it relates to some of the large sites. Firms such as, for example, Hines in Cherrywood will parcel their sites and offer them for sale to smaller builders at extortionate prices. Those prices increase constantly. If planning permission is acquired, for example, the price will increase. If the Government changes the law to reduce standards, the value increases.
No comments