Oireachtas Joint and Select Committees

Wednesday, 22 March 2023

Committee on Budgetary Oversight

Stability Programme Update: Discussion

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

Has anybody envisaged what might happen in the event of there being a really accelerated house building programme and the effect that might have, or is feared to have, on the value of houses already sold or available for sale, which are the new building schemes? For instance, if a builder or developer has a scheme of houses built and the national urgency is to provide more houses, that must affect the value of the houses that are there already.

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