Oireachtas Joint and Select Committees

Tuesday, 23 January 2024

Joint Oireachtas Committee on Housing, Planning and Local Government

Update on Affordable Homes, Public Lands, Strategic Planning and Projects: Land Development Agency

Mr. John Coleman:

That is correct. It is more equity but mainly more STAR. Let us say that if we all woke up tomorrow and homes were €600,000 a unit – we are nowhere near that, but if they were, that would require significantly more subvention to keep rents the same.