Ciarán Lynch (Cork South Central, Labour)

The leasing arrangements have no opt-out clauses. They are ten year or 20 year leases. Other schemes are different, but the Minister of State is committing the taxpayer to paying €400 million over 20 years. It is unbelievable and inexplicable that the properties' rents will not be held by the local authorities. Rather, they will be ring-fenced so that the developers can maintain their profits.

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