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. Hubert Fitzpatrick:

It is a different market, but we still have an issue. If we make zoned land a scarce commodity, we drive up its price. The key is to ensure we have an adequate amount of zoned serviced land - that will bring competition into the space and reduce the price. We do not need further land value sharing mechanisms to achieve that target.

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