Oireachtas Joint and Select Committees

Tuesday, 9 February 2021

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage

Photo of Steven MatthewsSteven Matthews (Wicklow, Green Party) | Oireachtas source

On the cost rental aspects, if I could come in on head 22, there is a term in it, "equity return". First, if I could say, the cost rental is very positive. It is something that we have been looking for for a long time. Particularly, the Viennese model is one that we had proposed. The tenure security that is contained in it and the link in the rental review are excellent. If we could see that across the entire private rented sector as well, it would be marvellous. I know that is beyond our scope here. Could Mr. Quinlan explain what the term "equity return" means and what that equity return would be used for?

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