Oireachtas Joint and Select Committees

Tuesday, 27 May 2025

Joint Oireachtas Committee on Housing, Local Government and Heritage

Challenges Relating to the Delivery of Housing: Discussion (Resumed)

2:00 am

Photo of Pat CaseyPat Casey (Fianna Fail)
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I am trying to focus on things we can change immediately to try to improve all aspects of it. On the financing side, because financing is a critical part of it, we need both sides of it.

We need demand, otherwise there would be no supply and we need supply to equal the demand. There is a deficiency in relation to private or capital investment in housing. Can we do more in this space to increase the development side? Are there any other initiatives that we should be looking at? Dr. Cassidy said that we are in a safe position with regard to the equities. Our banks are very safe in the policy that is being implemented at the moment. Is there room for some flexibility on that to increase supply? After all, it is the apartment blocks where we have the major stumbling blocks in delivery. How do we get non-bank and bank lending into that space? Is there something we can do in that space to assist?