Michael Mulcahy (Dublin South Central, Fianna Fail)

I am sorry to see that the Labour Party is still stuck in the 1960s. Developers are not in the charity business and we cannot attract private capital if the developer is not able to make a profit on projects. The whole idea behind public private partnerships is that a developer comes in, is able to sell a certain number of units at a profit and thereby assist the council's housing programme.

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