Eoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source

My concern is that the Minister is evading the question. I am not talking about delivery streams, I am talking about the fundamental principle of what constitutes affordability. There is a universally accepted distinction in the industry between building homes and selling them at the cost of building them, and thereby getting genuine affordability, or allowing the market to dictate a price and the State taking a shared equity portion which must, ultimately, be repaid. The difference is that if the Government opts for the second option that the Minister has talked about repeatedly, families do not end up buying a home for €250,000 or less, but pay €300,000 or more. That is what happened in O'Devaney Gardens. The purchase price was allegedly €310,000 but finally amounted to €360,000. The available options are houses that are bought at cost price or at a market discount. One cannot have both, and the sooner the Minister decides which of those models he will go for, the sooner hard-working families are going to know if this Government will deliver genuinely affordable homes or, like the most recent Fianna Fáil Government, homes that look affordable but are not and get purchasers into trouble at a later stage.

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