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)

Photo of Steven MatthewsSteven Matthews (Wicklow, Green Party) | Oireachtas source

Before Mr. O'Connell responds, I will ask another question he may also wish to answer. When someone secures planning permission on land and the value of that land obviously goes up in value, does that have an impact on surrounding lands as well? Does it raise the value of all lands in the area? If somebody can get 400 units on that site, will the value of a site nearby also be lifted?

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