Oireachtas Joint and Select Committees
Tuesday, 27 May 2025
Joint Oireachtas Committee on Housing, Local Government and Heritage
Challenges Relating to the Delivery of Housing: Discussion (Resumed)
2:00 am
Paula Butterly (Louth, Fine Gael)
I accept that it is only one factor but everybody here has said that it is an important factor. I agree with everybody here that supply is key to the housing issue. While it is maybe not a case of removing it, we might lessen that cap. We need the money to come in from financial investors abroad to invest for the long term. That will not happen if we frighten them off with language like vulture funds and so on. They are institutional financiers that will come in and provide the money that is essential, that we cannot supply, no matter how many apples we bite. We will not have the money for this. That is one factor. Maybe the argument is not to remove them, but there should certainly be less pressure on that. Would anyone else like to come in on that?
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