Oireachtas Joint and Select Committees
Thursday, 10 October 2024
Public Accounts Committee
Financial Statements 2023: Land Development Agency
9:30 am
Brian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source
When the LDA is buying land on the open market, roughly how much does it cost per home? I have heard figures being quoted of €40,000, €60,000 or €70,000. I know the LDA is building apartments, which is different because they are being stacked and it is higher density accommodation. That is required in large urban areas, provided where it is done in a sensible way and consideration is given to future occupants, facilities and so on. We are not talking about situations where land is being transferred from a local authority, as is the case in Dún Laoghaire. We are talking abut situations where the LDA has to buy land. How much per unit is that working out?
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