Oireachtas Joint and Select Committees
Thursday, 17 February 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Local Government and Heritage
10:40 am
Colm Burke (Cork North Central, Fine Gael) | Oireachtas source
This is a case where developers have received planning permissions for building estates, and they intended selling privately, but housing agencies come in. When a housing agency or a voluntary housing agency buy, it is one transaction. Whether it is for 20, 50,or 80 houses, it is one transaction.
It is very attractive from a developer point of view but it is not very good for an area where young people want to buy because they are being excluded from the market. What is the policy of the Department down to local authorities? Surely there are some guidelines for local authorities on this issue.
No comments