Oireachtas Joint and Select Committees

Thursday, 3 March 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020

9:30 am

Photo of Verona MurphyVerona Murphy (Wexford, Independent) | Oireachtas source

No. Is it or is it not strange? If there are empty one-bedroom apartments at that level of rent, how can it be said there is a requirement for more? Really, what is being done is ensuring rent stays up rather than reducing the rent and making the apartments available. That level of corporate rent is being maintained and the related entities in business. Mr. Alger should feel free if he wishes to comment on that point.

I find this extraordinary. I have family living in Dublin who can tell me there are loads of empty apartments that should be rented. We have problems with homelessness and a housing crisis but we have given the momentum fund over to the building of extraordinary one-bedroom apartments that will have an astronomical rent. What will happen? The witnesses cannot guarantee that these will be rented.

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