Eoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source

I am not arguing against the P&A, because it is good. The only thing I will say is the local authorities do not get that money at that point in time, which is why we are currently talking about demolishing apartment developments from the 1950s and 1960s. That grant funding model is both underfunded and incredibly inefficient. What is good about the P&A and why there is a case to be made why it should just be how we fund public housing generally, is because it takes all of that into account in a much more efficient manner. If the Irish Council for Social Housing could combine a large-scale affordable cost rental with P&A social housing on the current model, when its cost rental loans have matured, it then has an additional revenue surplus to recycle into the post-40 or 50 years maintenance of and recycling of its stock. That is the most efficient way to do it.

My point about the local authorities was to say the model that our guests have is better and they know that.