Oireachtas Joint and Select Committees

Wednesday, 18 September 2024

Committee on Budgetary Oversight

Pre-Budget Engagement

3:30 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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Yes, I know. Nonetheless, that is a very worrying admission on the Minister’s part. Nobody is disputing that we need 50,000, 60,000 or maybe 70,000 houses a year but what the Minister seems to be saying is that it might be overheating the economy to try to deliver that. The Central Bank is talking about a timeline. Does the Minister accept that we are, therefore, facing a deficit in housing for at least a decade? The housing crisis is going to go on for at least ten years or more if the Central Bank is right.