Oireachtas Joint and Select Committees

Thursday, 28 March 2019

Joint Oireachtas Committee on Housing, Planning and Local Government

Urban Regeneration and Housing (Amendment) Bill 2018: Discussion

Photo of Mick WallaceMick Wallace (Wexford, Independent) | Oireachtas source

Removing that does not create any difficulty for the Bill. The reason we came up with this idea was that it would be more attractive to the Government, which does not want to put people who own land in a possible financial difficulty. It was actually a sweetener. Removing it from the Bill is not a problem for us because the intention of the Bill is not just to get people to build on land, it is to disincentivise land banking, which is the source of our expensive housing. The supply of housing in Ireland has traditionally been dysfunctional. It is not done in an even or fair fashion and we end up with mad up-down cycles. Most of the time, housing in Ireland is way too expensive. Removing the provision would not be a problem for us but I would have thought the Government would like it included. We will share the money message that will be got.

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