Bertie Ahern (Dublin Central, Fianna Fail)

The Goodbody report points out there are no official data sources on the value of development land sales. Therefore, it gives an indicative estimate of the total value of development land in 2006 of between €7 billion and €8 billion. It goes on to point out how one can calculate the figures in a realistic manner, in so far as is possible. It is nothing like the projected figures.

As I stated at the outset, the provision is on the Statute Book. When the situation in respect of the property and housing markets will enable the Government to implement it, I am sure it will so do. To do so now would——

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