Joan Burton (Dublin West, Labour) | Oireachtas source

Third, approved housing bodies will build houses, and fourth, local authorities will buy houses on the private housing market to house people. It is a four-part solution.

As for the Deputy's specific question about the strategic investment fund, yes, half a billion euro has been allocated to housing in that regard. While I cannot give the Deputy a response now on the exact rate of return required by the strategic investment fund, I will get that information for the Deputy. Because those deals have not commenced, that information has not been available to me or generally available in the public domain. However, I welcome Fianna Fáil's conversion to the notion of rent certainty because, in respect of making progress on policy in Ireland, I refer to getting an agreement from all of the parties in this House to opt for a model based on our experience. Many Members have travelled to or lived in countries such as France and Germany, where there are models.

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