Dáil debates

Thursday, 23 November 2017

Finance Bill 2017: Report Stage (Resumed)

 

6:05 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

There is a mixed economy. Next year, we will see both public and private housing delivered, although we need more supply.

I believe in ensuring we have the right policies in place at each point in the development of the housing market. This is why the change is the right one to make. It has the objective of trying to increase supply. I have explained to Deputy Doherty why we cannot separate the definitions of "land" and "building". It is not a matter of there being no will. Significant issues arise in respect of separating the definitions. If I were to try to make the separation, it could actually undermine the implementation of this policy. I expect the policy to have a material effect next year. As I said, I will most certainly be monitoring its impact in 2018.

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