Oireachtas Joint and Select Committees

Tuesday, 10 June 2025

Joint Oireachtas Committee on Housing, Local Government and Heritage

Report of Housing Commission: Housing Commission

2:00 am

Mr. Michael O'Flynn:

I can assure the Senator that if it was viable, the market would supply and invest. We need to look at why particular projects are not viable and the land costs so much and address questions such as the amount of zoned land and land that has infrastructure in place. That is why people are not developing in those areas. They would if it made sense. I am not talking here just about profit, in case I get spoken to again. We have to make a profit to get funding and we have to get funding to develop. Honestly, if a project was viable, developers in those areas would be building.