Oireachtas Joint and Select Committees
Thursday, 10 October 2019
Joint Oireachtas Committee on Housing, Planning and Local Government
General Scheme of Land Development Agency Bill 2019: Discussion (Resumed)
Mr. Noel Cahill:
Yes. It would be unreasonable to acquire the land at less than the price someone had paid in advance of any new policy coming in.
I do not have figures on the land values, but industrial land is generally less valuable than residential land. There is discussion. If some industrial estates were rezoned, that would also generate a substantial uplift in value.
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