Billy Kelleher (Cork North Central, Fianna Fail) | Oireachtas source

American Chamber of Commerce Ireland carried out a review of the housing shortage and found that there would be a requirement for 30,000 one and two-bedroom apartments in the greater Dublin area between now and 2022 to address the issue of facilitating accommodation for companies and FDI. Leaving aside indigenous housing need, we need to increase supply for FDI. Regardless of how one assesses the economy and the performance of the economy, if we do not have quality accommodation we will quickly find ourselves at a huge disadvantage of terms of our competitors not only in the European Union but in the UK when it leaves the EU on 29 March next year, and from other areas of the world as well. It would be a shameful indictment if we could not address the housing needs of our own people and, equally, if we undermine the broader economy we will not be able to assist anybody because of a housing shortage.

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