Kevin Humphreys (Dublin South East, Labour)
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The issue is with regard to the clawback. To give an example, if a unit was valued at €500,000 and sold as part of an affordable housing scheme for €250,000 the asset is the differential of €250,000. This has reduced over 20 years but is counted as an asset of the authority. Will Mr. Dunne examine this and see whether a provision can be inserted in the Bill? I would say 90% of families who purchased under the affordable scheme intend to stay, but a number of family breakdowns have occurred and the families of some people who purchased one-bedroom apartments have increased. They are caught by the complicated clawback because of the drop in property prices and they cannot afford to move. Families living in one-bedroom apartments need to move to family-sized units.