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:

After the tax, we operate on what we call gross-to-net basis. There is the gross rent, the operational costs and then the net rent. A market average might be the net rent amounting to 22% or 23% less than the gross rent, so-----