Oireachtas Joint and Select Committees

Tuesday, 15 July 2025

Select Committee on Housing, Local Government and Heritage

Estimates for Public Services 2025
Vote 16 - Tailte Éireann (Revised)
Vote 23 - An Coimisiún Toghcháin (Revised)
Vote 34 - Department of Housing, Local Government and Heritage (Revised)

2:00 am

Photo of James BrowneJames Browne (Wexford, Fianna Fail)
Link to this: Individually | In context

The costs have increased significantly, and there are various reasons for that. Part of it is supply, part is input costs, financing costs and a range of other reasons. It has having a huge impact on affordability and the ability of people to purchase those homes, as well as viability so developers and builders can be able to deliver the homes as well. We are trying to address viability and affordability through different streams. On affordability, it is about supporting people to purchase those homes and on viability it is about trying to bring down the costs. Ultimately, if we can deliver more homes that too will help address the cost. We know, for example, that any city around the world that has high rents has high homelessness. There is a very strong correlation between those. There are high rents where there is an undersupply in terms of the needs of people.