Oireachtas Joint and Select Committees
Thursday, 1 June 2023
Joint Oireachtas Committee on Housing, Planning and Local Government
General Scheme of the Land Value Sharing and Urban Development Zones Bill 2022: Discussion (Resumed)
Mr. Donald MacDonald:
Can I come in on a point that is related to that? We had this in our explanatory note and Deputy McAuliffe mentioned it. Cost rental and social housing are very good policies when there is a massive surplus because the State will be paying for a large proportion of housing. Back in the 1970s we were in a position when the State did not have the money to pay for this housing and it had to sell off a lot of social housing. If we are not producing enough housing whereby people can buy their own houses or rent their own houses privately, we will come to a point in 20 or 30 years' time where all these houses will have to be kept up, we may not be in the same budgetary position and there will be a massive burden on the State. That is also a concern of ours in this regard.
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