Oireachtas Joint and Select Committees
Wednesday, 24 May 2023
Committee on Budgetary Oversight
Sovereign Wealth Funds: Discussion
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Perhaps this is a policy question. It has often struck me that it would be far better if public money was used to own. We get 10% or perhaps 20% of new private developments. The ISIF is involved in some of those. Would it be a good investment or could the ISIF make an investment decision for us to own 50% or 70% of them? That would also potentially mean we could control rents a little better when they get completely out of kilter.
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