Oireachtas Joint and Select Committees
Tuesday, 9 December 2014
Select Committee on Jobs, Enterprise and Innovation
Estimates for Public Services 2014
Vote 32 - Jobs, Enterprise and Innovation (Supplementary)
2:10 pm
Peadar Tóibín (Meath West, Sinn Fein)
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Deputy Kyne made an interesting point, because the sunshine states of America are growing at a faster rate than those on the east or west coast. It is estimated that one of the main drivers for this is the price of real estate. The cost of housing and of industrial property is far lower in these areas. This is a message for us in the context of prices in Dublin. I know this is not strictly the responsibility of the Minister's Department, but the price of real estate is a major factor to be considered in regard to Dublin being a competitive space and place in which to do business for foreign direct investors.