Dáil debates

Wednesday, 14 November 2007

12:00 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

During the last Government the Taoiseach professed himself many times to be committed to regulating and legislating for management companies and agents of apartment blocks and housing developments. We are in a declining property market where many new housing developments and apartment blocks in west Dublin are subject to management companies. Despite the issue being debated here several times we are no closer to regulating management companies. Many young home owners pay up to €2,500 per year to management companies that give bad service. They charge high rates and do little. The Taoiseach has said this area should be regulated. It is one more constraint on a declining property market.

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