Cian O'Callaghan (Dublin Bay North, Social Democrats) | Oireachtas source

The Minister of State has spoken to the amendments I have tabled. I accept the view put forward by Deputy McAuliffe was put forward in good faith. I do not agree with it. I do not believe under the legislation we will see land acquired at little or no cost. What we will see is land acquired with a fairly marginal impact on the full market value because of the provisions on affordable and cost rental housing. If we look at Part V delivery at present, the discounts being achieved are not at the levels that originally were envisaged. In fact, Part V delivery is quite a good part of the mix for some private developers because there is a guaranteed amount of sales immediately and guaranteed financing. In terms of delivery it can work out quite well. I have concerns this will not achieve the solid discounts Deputy McAuliffe and others have spoken about. This is my concern with regard to moving these amendments, and it is very important for achieving homes that are affordable to purchase or affordable rent, which I know is what we all want. This is a very important part of it.