Dáil debates
Wednesday, 26 January 2011
Finance Bill 2011: Committee Stage
5:00 pm
Brian Hayes (Dublin South West, Fine Gael)
This was flagged by the statement made by the Minister on the night of the budget, I believe. It was welcomed at the time, in respect of removing stamp duty. In general, this amendment is welcome. On the question of valuation of social housing, given that there is such a reduction in the price of property generally across the economy, what is the mechanism for doing that, and what is market value now? As regards social housing, affordable housing or shared ownership, how is market value arrived at given the difficulties involved in establishing what it is?
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