Oireachtas Joint and Select Committees

Wednesday, 26 October 2022

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Concrete Block Levy: Discussion

Photo of Mick BarryMick Barry (Cork North Central, Solidarity) | Oireachtas source

That is very helpful. Finally, for Mr. James, I am interested in his point about hard costs and soft costs. Take a house that would go to market in the range of €250,000 to €350,000. If one were to strip out the cost for land, if these houses were built on public land and gifted by the State, if one were to take out taxes that were to be waived by the State in the interests of affordable housing, and if one were to strip out profit and were the State to build those houses on a not-for-profit basis, what would those houses in the range of €250,000 to €350,000 then cost? At approximately what cost would they go to market?

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