Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

In response to my point on areas in Dublin with high rents and high property prices, the Minister acknowledged there are specific problems but he did not respond to the specifics when I cited examples showing why many of his policies cannot work. Does he acknowledge, for example, that the Rebuilding Ireland home loan cannot work on any scale in Dún Laoghaire when house costs are in the region of €620,000? The limit is €320,000. Does he acknowledge that there is a difficulty having an affordable scheme based on the principles he has outlined in Dún Laoghaire and other parts of south Dublin because the market prices are so high? Does he acknowledge that when the LIHAF is linked to getting a certain amount of affordable property back from private developments, much less will be obtained for the funding in areas such as Dún Laoghaire? Does he acknowledge that Part V is far less likely to work in areas such as Dún Laoghaire?