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

I thank the Minister for his reply. At least, it is moving along a bit. I also think it is too slow. We are talking about 330 homes in St. Michael's Estate, which would add to us having rents that could be affordable. I am looking forward to seeing that model.

The Minister said that Dublin City Council informed him that no home in the affordable housing scheme in O'Devaney Gardens would be sold for more than €400,000. Does he not realise that a person buying a home costing €270,000 would need a deposit of €27,000 and would need to earn almost €70,000 per year? That is not what the majority of workers are even touching on. So-called affordable housing will only be for the top 20% of earners, not for the ordinary retail worker or bus or train drivers.

See this speech in context