Dáil debates

Thursday, 25 October 2018

Ceisteanna Eile - Other Questions

Economic Competitiveness

11:45 am

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I am trying to ascertain the Minister's opinion having regard to a comment made by a Government advisory service in recent times that overheating in the house building sector could undermine competitiveness and cause the bubble to burst. The reverse is the case in reality. The lack of affordable and local authority houses is an impediment to the competitiveness of the economy. Part of the original taxation system in this country related to the availability of affordable and local authority houses, and this in turn reduced the need for increased wage demands. Is the Government advisory body in question aware of this? To what extent has it studied the matter? One must always watch from where one's advice comes, particularly in this business.

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