Oireachtas Joint and Select Committees

Tuesday, 23 January 2024

Joint Oireachtas Committee on Housing, Planning and Local Government

Update on Affordable Homes, Public Lands, Strategic Planning and Projects: Land Development Agency

Mr. John Coleman:

I think they operate on a gross-to-net basis. Their net rent is 77% of the gross rent. We would not be that high because our rent is lower, at the top level, our quantum rent. We would be more like, say, 60%. If the rent is-----

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