Oireachtas Joint and Select Committees
Tuesday, 4 October 2016
Committee on Budgetary Oversight
Forecasts for Budget 2017: Department of Finance
11:00 am
Peadar Tóibín (Meath West, Sinn Fein)
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On bottlenecks in the economy, housing provision is a major bottleneck. It affects so many sections of society directly in people being made homeless, in terms of the physical and mental health of individuals but also in terms of foreign direct investment. The less housing capacity there is, the more difficult it will be to attract foreign direct investment and achieve internal growth. There is also the potential for housing issues to have a destabilising effect on the banking system. Has there been any assessment of the effect of such bottlenecks on growth and development?