Paul McAuliffe (Dublin North West, Fianna Fail)
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Due to important considerations around commuting and all those other issues, apartments are needed. However, we do not have a discussion often enough about the fact that in adopting a planning policy that requires apartments, in effect, we have said we will never have another set of for-profit, owner-purchase type units in Dublin city without the State heavily subsidising them, in some cases to the tune of €100,000 and €150,000. That is with either Project Tosaigh or the Croí Cónaithe cities scheme or the council-led affordable purchase scheme. Whether it is public or private development, we are effectively subsidising units to the tune of €100,000 per unit. Do the witnesses agree with that assessment?