Joan Collins (Dublin South Central, Independent) | Oireachtas source

It is impossible. Does the Minister know when that plan will be brought forward? It has been over a year since he came to St. Michael's Estate to launch the cost rental model there and I would like to see what is happening and for the Minister to report back. It has gone too far.

Regarding affordable housing, it has been said that prices for a two-bedroom house in O'Devaney Gardens would be between €270,000 to €315,000 while prices for a three-bedroom house would be between €300,000 and €350,000. It has been said that prices for one-bedroom apartments would range from €237,000 to €276,000 while prices for three-bedroom apartments would range from €360,000 to €420,000. Does the Minister not realise that the mean average wage is €37,000 and that 64% of workers earn less than that? The median average income is €27,000. These workers will never have a chance to buy these so-called affordable homes that we are handing over to a private developer that will make a profit of €67 million from them. It is outrageous. This is not what we want in our country.

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