Oireachtas Joint and Select Committees

Tuesday, 9 May 2017

Committee on Budgetary Oversight

Capital Investment Plan 2016-2021: Dublin Chamber of Commerce

4:00 pm

Mr. Aebhric McGibney:

We have involved a number of tech companies. They see the challenge and try to promote public transport use and cycling use. The demographic of their workforce tends to be such that one is old if he or she is 35 in some of those sectors. This relates to an earlier point. If we have greater mobility in the housing market, people can move accommodation according to their needs. One of the biggest reasons that Fingal's population is growing is that household size is increasing. That is because kids are staying at home with mum and dad and have not moved out. People of a certain age may want to live closer to town and all the action, then they want to move out as they develop a family.

Tech companies have got involved with some of those transport solutions to provide for themselves and have talked to us about wider demands. It relates to the shoebox point. If we plan transport and land use properly, since we can predict demographics in advance, we see that most of the economists looking at housing need forecast say we do not need tonnes more four-bed, semi-detached houses with picket fences. We need more two-bed accommodation. The aging population and rising younger population means we have a shortage of accommodation for those with middle-sized needs. Then we need to allow people to move from those two-bed apartments into bigger houses as their needs require.

The Deputy mentioned tourism. I do not know how to expand more correctly on that. There is a vision exercise that we have worked on for a number of years. Dublin is a great proposition as a region. It has mountains and it has sea. From a tourism perspective, the greatest development we have seen from Fáilte Ireland's promotion of Dublin as a region through A Breath of Fresh Air is making it a regional offering. The joining of destinations such as the Wicklow Mountains and Howth make them more of a coherent proposition as part of the Ancient East.